Jun 18, 2019

Should Investors be wary of automated robo-advice online? According to research published in the Wall Street Journal, people tend to think suggestions from algorithms are always more “objective” than advice from humans. But...they’re wrong according to noted researcher Dr. Nazil Packin with the Zicklin School of Business in New York City.   Her Wall Street Journal-published-report points out that many of us routinely—and even BLINDLY—rely on the advice of ALGORITHMS  in all aspects of our lives, from choosing the fastest route to the airport to deciding how to invest our retirement savings. ….But should we trust algorithms as much as we do? Research suggests maybe we shouldn’t, especially when it comes to high-stakes financial decisions. Today we'll review the surprising research findings from the Journal with advice on building retirement wealth the SMART way. MASTERING MONEY is on the air!!