Source: Taken at Raffles Place MRT

Introduction

I saw a question on the Seedly Facebook Group recently that really got me thinking:

“Hi everyone, I would like to find out which mode of investment stands a higher chance to make money? Robo advisor or conventional methods like financial advisor? I’m looking at 10% annually.”

Now this statement is wrong is wrong on so many levels. Firstly, the historical, multi-decade return for equities is about 7%. 10% is simply unachievable without taking outsized risks that opens you up to complete loss of your initial capita. Secondly, a person who can achieve a 10% return consistently should no longer be running a robo or