MyMoney Online, The Personal Finance series with Warren Ingram

Robots are already replacing financial advisors right here in South Africa

Computers are slowly starting to replace humans in the financial industry.

Robo-advisors are already available, and may soon do the job of financial planners.

Algorithms manage unit trusts, and cryptocurrencies may soon replace fiat ones.

The future is now.

The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram, who discussed the following:

  • What you, as an investor, should do about all this.

  • Costs to consider.

  • The question of independence of the robo-advisors or other high-tech services.

  • Whether a service is real, or a disguised product push.

Listen to the discussion in the audio below (and/or scroll down for quotes from it).

A lot of us have very similar questions… and that can very easily be done by a well-trained algorithm.

Warren Ingram, Galileo Capital

Some people… want to sit across the table from somebody…

Warren Ingram, Galileo Capital

You get a natural sounding answer…

Warren Ingram, Galileo Capital

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
South Africa’s draft Mining Charter 3 for dummies (highly intelligent ones)

South Africa’s draft Mining Charter 3 for dummies (highly intelligent ones)

The Money Show’s Bruce Whitfield interviews Strata Legal (Pty) Ltd Director Brandon Irsigler.

MTN, Vodacom spend gazillions to convince us they’re awesome. Are you convinced?

MTN, Vodacom spend gazillions to convince us they’re awesome. Are you convinced?

Ad expert Andy Rice slams what he calls “MTN and Vodacom’s childish fight as to which one has the better network”.

'A million people are waiting for housing in Addis Ababa'

'A million people are waiting for housing in Addis Ababa'

The Money Show’s Bruce Whitfield interviews Lee Kasumba, who is in Addis Ababa, Ethiopia’s booming capital city.

'If Bitcoin goes to pot, we’ll blame the HODLers'

This and other insights on fintech from Rand Merchant Investments Senior Investment Executive Dominique Collett.

How tech is threatening banks in South Africa (and changing money, forever)

Financial institutions, adapt or die! Rand Merchant Investments’ Dominique Collett discusses 2017's major "fintech" developments.

Is the investment industry about to be ‘Ubered’?

From platforms that provide low-cost access to the JSE, to “robo-advisors” - the times they are a-changin’…

Popular articles
If all goes as planned, there will be no load shedding this week - Eskom

If all goes as planned, there will be no load shedding this week - Eskom

Eskom spokesperson Khulu Phasiwe says there will be no load shedding this week as Eskom looks to get back to normal.

This video doorbell let's homeowners check on the front door from their phones

This video doorbell let's homeowners check on the front door from their phones

On Technobyte this week the traditional doorbell goes hi-tech, Uber wants to fly you and Google is launching an AI lab in Ghana.

[WATCH] Eusebius Mckaiser: I call BS on Malema's racism targeting Indians

[WATCH] Eusebius Mckaiser: I call BS on Malema's racism targeting Indians

Show host Eusebius McKaiser says EFF's leader Julius Malema's comments on Indians are grossly unacceptable and irresponsible.

[WATCH] Portuguese commentator goes wild over Christiano Ronaldo

[WATCH] Portuguese commentator goes wild over Christiano Ronaldo

Check out the latest tweets and social posts on What's Gone viral with Khabazela...

[LISTEN] State capture crippled our economy - Pravin Gordhan

[LISTEN] State capture crippled our economy - Pravin Gordhan

Minister of Public Entreprises Pravin Gordhan explains the condition of state owned enterprises and the changes he is making.

WCED objects to education dept making history compulsory

WCED objects to education dept making history compulsory

MEC of Education in the WC Debbie Schäfer says South Africa doesn't need more historians but children should be economy savvy.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Stage 1 load s​hedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.

Man who dumped body of family dog in street demoted at top JHB law firm

Man who dumped body of family dog in street demoted at top JHB law firm

Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.

Don’t earn much? How to best invest tiny amounts...

Don’t earn much? How to best invest tiny amounts...

Earn peanuts, but want to start investing? You can now buy even tiny fractions of a share at a time. And it's very simple!