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Are robo-advisors safe and secure for my investments?

Curious about robo-advisor

Are robo-advisors safe and secure for my investments?

Roboadvisors are generally considered safe and secure for investments. They are regulated by financial authorities and are required to comply with strict security and privacy standards to protect their clients' information and investments. However, as with any investment, there is always some level of risk involved. It is important to choose a reputable and trustworthy roboadvisor, and to carefully review their security and privacy policies before investing with them. Additionally, investors should ensure that their account is protected with a strong password and twofactor authentication, and should regularly monitor their investments for any unusual activity.

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