2/6/2015 – Should you let a robo-adviser invest for you? (NPR Marketplace)

As the economy picks up strength, more people are heading back to work and some are even seeing their wages tick upward. That means the lucky among us might find ourselves with extra cash and wondering what to do with it – after building up savings for emergency expenses and contributing to 401ks, of course.

An increasingly popular option for many want-to-be investors, especially millennials, are robo-advisers – online services that help people through a variety of financial decisions, such as how to invest a lump sum of money or provide feedback on the current mix of assets in their portfolios. Interfaces range from completely online and automated to those that may offer occasional video chats with human advisers. Many begin with a questionnaire for customers.

Read the full article at NPR Marketplace.