3.11 EXIT TICKET- Modern Investing Exit Ticket

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1. Investors report this as being one of the biggest downfalls of robo-advisors when compared to human managers:

• Higher fees
• Lack of personal touch
• Lower returns
• Harder to use

2. Which of the following BEST explains how a spare-change app works to invest your money?

• The app transfers a small amount of money from your savings account to your checking account each month
• The app rounds up purchases you make through your bank account and automatically invests your change
• The app adds money to your checking account to make your balance a whole number
• The app transfers a small amount of money from your savings account to an investment account each month

3. With micro-investing, you are…

• Investing large amounts of money over short periods of time
• Manually rebalancing your investments to reach your goals
• Delaying investing until you have a large sum of money
• Investing small amounts of money consistently into the market