WebDec 31, 2016 · In South Africa, three companies offer robo-advisors: Sygnia, SmartRand and Bizank. These investment companies have customised robo-advisors to provide advice based on their investment... WebFeb 20, 2024 · Do-it-yourself or hire someone: You can also choose to manage your own investments through an online broker, or hire a financial advisor (or robo-advisor) to help you out. You’ll likely incur...
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Taking financial advice from a robot in SA - BusinessTech
WebSep 26, 2024 · What is robo-advice? In a nutshell, robo-advice is an automated, online investing service that allows investors to invest cost-effectively, in their own time and with very little administrative ... WebNov 7, 2024 · Robo-advisors are also emerging in sub-Saharan Africa, particularly in South Africa, where insurance company Outsurance last month launched its Outvest platform … WebMay 5, 2024 · Robo-traders will argue that doing nothing in the face of a market downturn is overall the best strategy. The market will eventually gap back up, recovering your losses over time. In any case, doing nothing is certainly a better strategy than panic buying/selling, which leaves the investor liable to lose significantly more than if you had done ... phenyx iem