2Yr·

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.


#roboadvisor
#scalablecapital

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18 Comments

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I finished my 3 year experiment with a Robo Advisor in November 22 - Conclusion: could not keep up with the performance of a World ETF by far. The robo was essentially always too late - no matter what he did, whether stocks, bonds, commodities or real estate - motto Buy high - Sell low!
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@TomTurboInvest which one did you use?
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@TomTurboInvest Agrees - unfortunately - with my experience. Just in the Corona crash: When it fell much too late rebalanced, then rebalanced below and the direct recovery not taken - perfect 👻 Have then after 2 years also drangegeben.
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@TomTurboInvest thanks for the insight!
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I have had a Riester fund savings plan with DWS for a long time. Even though it's not called that, it works like a robo and rebalances regularly. I have not yet been able to see any sense in the reallocation dates (e.g. selling the equity fund at the low point of the Coronacrash 🥴) and the performance is rather modest. For people who care even a little bit about their investments, robos are useless and expensive. 1% for rebalancing 🤡! Or in other words: Robos are old wine (active management) in new bottles (ETFs + mysterious algorithm stuff).
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@randomdude i actually agree with that. but with Scalable i still want to try it out a bit, because i find Scalable a bit more innovative. but of course i don't expect an excess return 😅
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I also think it's good to keep your eyes open. Doesn't SC have two models - one that didn't handle the Corona dip very well and then something new, more refined?
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@randomdude good question🤔 you can now choose from 6 plans, depending on risk
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Do not know if that makes sense by savings plan, distorts something or? Keep us up to date please🫡
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@Minusgeschaeft not really, only money is paid in via a savings plan. The algo then decides when to buy. It can happen that the money is just lying around for a few days. I do this 🫡
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Does it also show what he has bought?
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@Koenigmidas yes sir Current weighting can be displayed and all transactions
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@Der_Dividenden_Monteur then make there nevertheless times a list
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Had also considered a few times to test this. Keep us up to date
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I had also tried the Robo Advisor once, in the downward phases it reacted much too slowly.
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@ETFJUNKIE which plan did you choose?
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LEVEL 20, but the promise was there that he would react, he was about minus 20% and he didn't react. In addition, the constant trading has annoyed me. 1 times a month is sold and bought. For me that was nothing.
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