44: Self Directed Investing vs. Roboadvisors

When it comes to investing, being in the market is key. But once you're in, how do you decide who gets to manage your money? Are roboadvisors enough? Let's discuss this and more in this week's episode of Money Feels!

We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance.

In today's episode, we discuss the following:

• Why you need to invest
• The cost between self-directed vs having someone else invest for you
• Stock market crashes and recoveries
• Bonds vs equities
• The reality of the roboadvisor portfolio
• Personalization of investing
• Risk tolerance and understanding why risk is relevant to age
• The benefits of self-directed investing

Resources:
Bridget's Six-Figure Stock Portfolio

Thanks for listening to our final episode in season 4! If you want bonus episodes while we're off until January, you can join our Patreon! Until then, follow us on Instagram @mixedupmoney, @bridgiecasey and @moneyfeelspodcast, and we’ll see you next time!