Financial technology, or fintech, is revolutionising the financial world in terms of processes and services, and one of the products of fintech is the robo-advisory. On the investment front, robo-advisories, or robo-advisors, would help you craft your investment portfolio according to your needs, preferences, and risk profiles. The robo-advisor would then, if you want, automatically maintain your investment portfolio, which includes rebalancing. If you are a passive Bedokian Portfolio investor, this would mean an even more hassle-free maintenance of your portfolio. However, before jumping into this, there are a few points that you may need to consider. Costs Robo-advisors do charge a small fee in managing your portfolio, and this fee is usually a percentage of your portfolio and may include an annual fee. On top of it, there could be transaction costs in transacting the securities in your portfolio as well during rebalancing. Do make a comparison of these ......