Experiences with Algorithm Based Financial Managers (ie. Future Advisor, Personal Capital, Wealthfr

[collegeweb]

Im interested in investing as I have quite a bit (too much) cash. I don't have time to actively trade or invest. I just ran across an ad for for one of these companies (futureadvisors) the picks your investments based on an algorithm -- I didnt even know they existed. Does anyone have any experiences with any of these types of companies? How are your returns?

 

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[Durete]

Just stumbled on Wealthfront and that sounds interesting...
Only available for americans though...seems kind of a limiting factor. (So bad that many possible options for different type of services are only available for the american markets.)

 

[Mr.B]

I've heard good things about Personal Capital, but haven't used them as they aren't available in Australia.

I think there is a great opportunity for someone to offer a service like this outside of the US.

 

[C.S. Abbink]

I know tradebots for bitcoin/altcoin markets exist. With, depending on the software, complex algoritms. Haasbot is a very nice one if I remember correct. Might not be what you are looking for, but it has the algorithms used in normal stockmarkets. Might be a starting point.

 

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