The little book of robo investing : how to make money while you sleep / Elizabeth Macbride, Qian Liu.

Title :

The little book of robo investing : how to make money while you sleep

Author:

Format:

Books

Summary:

"A robo-advisor (also sometimes spelled as roboadvisor) is a digital platform that provides automated, algorithm-driven financial planning and investment services with little to no human supervision. A typical robo-advisor asks questions about your financial situation and future goals through an online survey. It then uses the data to offer advice and automatically invest for you"--

Language:

English

ISBN - ISSN:

9781394225224

1394225229

Physical Description:

xxviii, 259 pages ; 19 cm

General Note:

Includes index.

Contents:

Section 1: the science, business and art of robo investing -- Make investing work for you -- A brief history of indexing and robo investing -- The philosophy of robo investment advice: avoid the gimmicks, embrace the science -- Section 2: what the platforms do -- Diversify and de-risk investments -- Increase your return over time with lower fees -- Lower tax bills -- Technology brings it home -- Section 3: how to use a robo platform -- Be self-aware about money -- Investing is dating for the long term -- Budgeting and wealth building -- Understand risk and pick the right risk tolerance -- Live for the present, invest for the future -- Section 4: where do you begin -- Is a robo investment platform right for you? -- Find the right platform -- Now I've finished the book and so what?

Subject:

Financial services industry -- Technological innovations.

Financial engineering.

First Title value, for Searching:

The little book of robo investing : how to make money while you sleep / Elizabeth Macbride, Qian Liu.

Holds: Copies:

Available:*

Library	Audience	Home Location	Material Type	Shelf Number	Status
Searching... Central	Adult	Non-fiction	New books	332.10285 M119	Searching... Unknown

Bound With These Titles

On Order

Summary

"This gem of a book should be required reading for everyone seeking to enhance their financial security."
-Burton G. Malkiel, author of A Random Walk Down Wall Street (50th anniversary edition, 2023)

Explore easy, automated, and low-cost ways to invest using online platforms

In The Little Book of Robo Investing: How to Make Money While You Sleep , a pair of long-time investors and founding team members at the pioneering and award-winning online investment platform Wealthfront deliver a fun, invaluable, and simple roadmap to making your money make money. You'll learn how to start investing with the easy, automated, and low-cost strategies that robo investment advisors have made super accessible to everyday people.

You don't need a ton of detailed knowledge about the financial and investment sectors to make impressive returns. The authors walk you through how to use techniques like automation, diversification and indexing to manage your risk and keep things absurdly simple. You'll also learn:

The most common mistakes that new investors make when they're just getting started in the markets and how to avoid them Strategies for getting the ball rolling and investing your first dollar Valuable insights from behavioral economics and psychology to help you steer clear of major investing errors that even experienced and knowledgeable investors tend to make

Perfect for working professionals, members of young and growing families, and people beginning to think about their retirement plans, The Little Book of Robo Investing is a straightforward, engaging, and fun read that will get you ready to put your money to work intelligently and responsibly.

Author Notes

Elizabeth MacBride is a journalist and an internationally known finance writer who crafted the language that launched the robo investment movement. She has written or edited for Newsweek, MIT Tech Review, Forbes magazine, Atlantic.com, Stanford GSB, CNBC and many others. She is the co-author, previously, of The New Builders: Face to Face With The True Future of Business .

Qian Liu is the Chief Data Officer at Guideline, an online investment platform that manages small business 401(k) plans. Prior to this position, Qian was the Head of Data at GoFundMe. Qian was also previously the Director of Research at Wealthfront where she led the research and development of automated investment products.

Foreword	xi
Acknowledgments	xix
Introduction	xxi
Section 1 The Science, Business, and Art of Robo Investing	1
Chapter 1 Make Investing Work for You	3
Chapter 2 A Brief History of Indexing and Robo Investing	25
Chapter 3 The Philosophy of Robo Investment Advice: Avoid the Gimmicks, Embrace The Science	45
Section 2 What the Platforms Do	63
Chapter 4 Diversify and De-risk Investments	65
Chapter 5 Increase Your Return Over Time with Lower Fees	81
Chapter 6 Lower Tax Bills	97
Chapter 7 Technology Brings It Home	117
Section 3 How to Use a Robo Platform	129
Chapter 8 Be Self-Aware about Money	131
Chapter 9 Investing Is Dating for the Long Term	143
Chapter 10 Budgeting and Wealth Building	155
Chapter 11 Understand Risk and Pick the Right Risk Tolerance	169
Chapter 12 Live for the Present, Invest for the Future	185
Section 4 Where You Begin	199
Chapter 13 Is a Robo Investment Platform Right for You?	201
Chapter 14 Find the Right Platform	215
Chapter 15 Now I've Finished the Book and So What?	235
References	249
About the Authors	257

Available:*

Bound With These Titles

On Order

Summary

Summary

Author Notes

Table of Contents