Re:The Rich Are Already Using Robo-Advisers, and That Scares...
by morgante on Monday February 08, 2016 @02:46AM
(#11056841)
> $50m is about 100x more than I could ever need
That's precisely why wealthy investors want to minimize volatility. They don't need their wealth to grow (they already have more than they need), but they definitely don't want it to disappear.
Also, I must say that $500k really isn't that much money—it's not even enough to retire.
That's precisely why wealthy investors want to minimize volatility. They don't need their wealth to grow (they already have more than they need), but they definitely don't want it to disappear.
Also, I must say that $500k really isn't that much money—it's not even enough to retire.