Money Hacks Ep 62: What is a robo-advisory?

10:15 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down actionable financial tips.

Robo-advisers are becoming more common in Singapore, but just what is a robo-advisory and how is it different from traditional investing methods?

Chris Lim hosts Evy Wee, head of financial planning & personal investing at DBS, who explains the basics:

1. What is a robo-advisory? (0:24)

2. Are robo-advisers easier for people who are starting their investing journey? (1:16)

3. What kind of fees are involved? (4:20)

4. Equities vs ETF portfolios: what are the basic considerations? (7:57)

Produced by: Chris Lim and Lee Kim Siang

Edited by: Adam Azlee

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