So I don't have much knowledge about stocks and investing except that I should DCA and that time in the market is important. With this principle, I started using a Robo advisor app in Jan 2018 and I have been religiously DCAing on the 15th of every month till now. Despite this, I am down 7% right now in terms on money weighted returns. Despite the pullback in S&P500 and Nasdaq right now, they are still up by 50% compared to Jan 2018.
So my question is, should I pull out of this Roboadvisor and just buy VTI every month (found the VTI suggestion in this subreddit)? Or should I stay the course? I am worried about the opportunity cost of time lost giving the Roboadvisor hasn't performed well (in my opinion. Not sure of the consensus)
For more info info, the roboadvisor claims to have a passive investment strategy and they reallocate the portfolio when the see the macroenviroment change. They were heavily invested in KWEB and took a big loss there. Right now the portfolio is a mix of Japan (EWJ), Australia (EWA) , Canada (EWC) ETFs, US small cap (IJR) , energy (XLE), XLP, BNDX, IGOV, TIP, WIP, VNQ and GLD
Leave a Reply