Book Review: The Little Book of Robo Investing – by Qian Lui and Elizabeth Macbride

The subtitle “How to Make Money While You Sleep” makes it sound like this is a get-rich-quick book with some shady theme. Not at all.

The authors are seasoned professionals in the investment industry who have collaborated for many years and worked at a number of investment companies.

If you are a seasoned investor and you want to learn about the modern, automated online platforms for portfolio investing, this is your book. You can read it in a few hours and know exactly what your next steps should be.

If you do not know about investing but you realize you should start putting money aside and start building wealth, or at a minimum start saving for retirement, this book is absolutely written for you. It teaches about assets and asset classes, diversification, minimizing fees and taxes, and leveraging the power of compounding. If you think investing is buying stocks in companies directly, this will teach you what the risks are with that, and why diversified portfolios, in the long term, always beat the market.

If there is a modern book on Investing 101 – this is it. You should buy this book, work through it, and no matter how much or how little money you have to start with, you should pick one of the recommended platforms and sign up. It takes 20 minutes. You will see your money grow immediately and daily. You will feel like you know what you’re talking about and you will be comfortable with the process.

Most importantly, you will be on your way to a healthy financial future.

Enjoy Robo Investing.

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