Investment machines Roboadvisors are a class of financial advisors that provide electronic portfolio management services with minimal human intervention. They make use of algorithms such as Modern Portfolio Theory to conduct portfolio management. Their main task is to perform 'cookbook' financial investment management through a computer...

It is important for young people who are interested in investing to adopt the diversified approach. Diversification of investment platforms is necessary for minimizing the level of risk exposure.   Diversification implies spreading financial resources across several investments; for example, stocks, cash savings, mutual funds, and bonds....