Why I'm Changing My Investment Strategy After 3 Years

💰Using a robo advisor was a good starting point for me to begin investing, but the fees started to feel high as my portfolio grew.

📈Over the past 3 years, I gradually increased my risk level and invested 100% in equities.

💸The fees with my robo advisor grew significantly as my portfolio grew, prompting me to explore other options.

🔬I realized I had formed opinions and preferences on specific ETFs, which led me to want more control over my investments.

🌍I decided to switch to Well Simple Trade and invest in a one-fund solution with a higher percentage of US equities.

What fees did you experience with the robo advisor?

—The robo advisor had a fee of 0.5%, which initially felt low, but as my portfolio grew, it started to amount to significant monthly fees.

Why did you choose to invest in a one-fund solution?

—I wanted a simpler approach to investing and a higher percentage of US equities. The one-fund solution provided the diversification and control I was looking for.

Did you have any concerns about switching to a DIY approach?

—I was initially apprehensive about handling my investments on my own, but with research and increased confidence, I felt ready to take control.

How has your portfolio performed over the past 3 years?

—Overall, my portfolio showed a 9.88% return since I started using the robo advisor. I'm confident that my new investment strategy will lead to even greater returns.

What advice do you have for new investors?

—Start with a robo advisor to get comfortable with investing, but as you gain knowledge and preferences, consider a DIY approach to have more control and potentially save on fees.

00:00After 3 years of using a robo advisor, I'm changing my investment strategy to have more control and save on fees.

04:03I have decided to invest in a one-fund solution with a higher percentage of US equities for simplicity and personal preference.

05:24The robo advisor's fees started to feel high as my portfolio grew, prompting me to explore other options.

08:59I switched to Well Simple Trade and transferred my portfolio to invest in a one-fund solution with a higher percentage of US equities.