Robo-Advisors & Automated Investing

Post date: August 8, 2023 8:30 AM

Robo-Advisors and Automated Investing: A Beginners's Guide

If you have achieved your emergency fund savings goal, it's time to invest! In today's fast-paced world, technology has revolutionized the way we manage our finances and invest our money. Robo-advisors, an innovative approach to investing, have gained significant popularity in recent years. 

 Designed to simplify the investment process and make it accessible to all, these digital platforms offer a hands-off and automated approach to growing your wealth. In this beginner's guide, we'll explore what robo-advisors are, how they work, and why Wealthfront, a leading robo-advisor platform, stands out from the crowd. This post contains referral links.

What are Robo-Advisors?

Robo-advisors are online platforms that use algorithms and computer-based algorithms to manage and optimize investment portfolios. These automated systems analyze your financial goals, risk tolerance, and investment time horizon to create a diversified and personalized portfolio. Unlike traditional financial advisors, robo-advisors eliminate human bias and emotions from the decision-making process, providing a cost-effective and efficient way to invest.

How Do Robo-Advisors Work?

Why Choose Wealthfront?

Among the plethora of robo-advisors available, I choose to work with Wealthfront. They garnered a reputation as a leading platform for several reasons:

1. Diversified Investment Strategies: Wealthfront offers a well-diversified portfolio that includes low-cost exchange-traded funds (ETFs) from various asset classes, helping to spread risk and improve potential returns.

2. Tax-Loss Harvesting: One of Wealthfront's key features is its tax-loss harvesting service. This intelligent strategy aims to offset capital gains taxes by selling losing positions and replacing them with similar assets.

3. Direct Indexing: Wealthfront's direct indexing option allows investors to own individual stocks directly, which can further enhance tax efficiency and customization.

4. Low Fees: Robo-advisors are known for their cost-effectiveness, and Wealthfront is no exception. The platform charges competitive fees, making it an attractive choice for investors looking to keep costs in check.

5. User-Friendly Interface: Wealthfront's intuitive and user-friendly interface makes it easy for beginners to navigate and manage their investments with confidence.


Robo-advisors have transformed the world of investing, making it accessible, automated, and cost-effective. Wealthfront, as a leading robo-advisor, offers diversified portfolios, tax optimization, and low fees, making it a top choice for investors of all levels. Whether you're a seasoned investor or a beginner taking your first steps into the world of finance, Wealthfront's intelligent algorithms and user-friendly platform can help you build a successful and automated investment strategy for long-term wealth building. So, why wait? Start your investment journey with Wealthfront today and experience the power of robo-advisors at your fingertips.

Be sure to use my referral link to get your first $5,000 managed free: 

After you completed your savings phase, the amount you were sending to savings, should now transfer to investments. You choose to keep your auto savings transfer and auto-transfer the same amount from savings to investments or to stop the savings transfers and auto-transfer from your checking to investments. How much should you invest? If you're paying a mortgage or saving for a house, I suggest limiting investing to 15% of your income and putting any extra toward housing or other goals. 

Ask me how - Contact me now for your free coaching evaluation!  

After watching his Netflix series, I read I Will Teach You to B Rich by Ramit Sethi and learned that I already implemented his automation techniques in my money management. Personal finance works best when it's automated and boring. Setting up automation may not be enough. You might need coaching to stay on track or to get out of a bad financial situation. Contact me to set up a free coaching evaluation. How can I help you?

Coach Jeff Wagner has been a licensed mortgage loan originator, a personal banker, and a certified tax preparer. Call or text Jeff at 805-874-2829.

His opinions are not to be taken as health, financial, or investment advice but as motivation to start or continue your path toward success.