Scalable Robo Advisor
I'm testing Scalable Wealth since August (so far only with 50 Euro per month)
Right now I find it interesting that on Jan 4th 100% Invested,
in December the ratio before the Fed meeting was 75% stocks and 25% overnight money.
Let's see if the algo is right.
My chosen product is the Megatrend Portfolio.
Return after costs so far at +0.23%.
My first conclusion after 4 months:
Is not as bad as I thought, am positively surprised that the return is still above the costs. +0.23% return is of course not mega but satisfactory for a Robo Advisor in the market environment.
I must also say that it is actually intended for a one-time investment, but I invest per savings plan.
In August, I will then decide whether I invest a larger amount or let it continue to run per savings plan.