What is a robo-advisor?
A robo-advisor is a fancy term for an advisor that automates the process of financial planning.
6 min read
Oct 09, 2024
James Royal, Ph.D.
Principal writer, Investing and wealth management
EXPERTISE
- Investing
- Wealth management
- Behavioral finance
- Stock analysis
EDUCATION
- Bachelor of Science in management, University of Florida
- Master of Arts in English, University of Florida
- Doctorate in English, University of Florida
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
About the author
Bankrate principal writer and editor James F. Royal, Ph.D. covers investing and wealth management. His work has been cited across major media, including CNBC, the Washington Post, The New York Times and the Associated Press. Royal believes in the power of education to help individuals make smart financial decisions that can positively and significantly improve their lives.
Experience
James is the author of The Zen of Thrift Conversions. He’s a veteran writer and stock analyst with a history of working in the financial-services industry, including at the Motley Fool and Bankrate.
Education
Royal has a bachelor’s degree in management as well as master’s and doctoral degrees in English earned at the University of Florida.
Media mentions
CNBC
Yahoo Finance
Reuters
Cheddar TV
Forbes
Barron’s
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
James's latest articles
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What is options trading? A basic overview
Here’s how options work, the benefits and risks of options and how to start trading options.
8 min read Oct 08, 2024 -
9 retirement investing mistakes to avoid
A financially secure retirement won’t just happen to you. Craft a carefully considered plan and stick to it.
7 min read Oct 08, 2024 -
Here’s what a crypto smart contract is and how it works
Smart contracts use blockchain technology to fulfill a pre-programmed contract.
4 min read Oct 07, 2024 -
5 popular investment strategies for beginners
A good investment strategy minimizes your risks while optimizing your potential returns.
6 min read Oct 07, 2024 -
Should you retire in New York? It ranks as the second-worst state for retirees, here’s why
New York’s lack of affordability pushed the state to 49th in Bankrate’s rankings.
5 min read Oct 07, 2024 -
The 2024 election and your retirement: How to stay financially prepared regardless of who wins
Retirees must stay up to date on changes and how those changes affect their plans.
6 min read Oct 04, 2024 -
The best dividend mutual funds
The best dividend mutual funds are an attractive prospect for any investor, but especially for retirees.
3 min read Oct 03, 2024
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9 biggest 401(k) mistakes to avoid
Don’t make these errors when using a 401(k) to save for retirement.
5 min read Nov 20, 2024 -
Stock market holidays in 2024: US markets are closed on these days
When is the stock market closed? Here’s a list of days when the major exchanges observe holidays.
1 min read Nov 11, 2024 -
What is the Dow Jones Industrial Average?
These companies make up the popular Dow Jones Industrial Average.
3 min read Nov 04, 2024 -
Elon Musk in 2024: What to know about the world’s richest person
Learn which investments helped make Elon Musk the richest person in the world.
8 min read Nov 04, 2024 -
What to do if your Social Security payment is late
Is your Social Security check late? Here’s what to do.
2 min read Oct 29, 2024 -
Best time of the year to retire for tax purposes
When you retire can potentially have a big impact on your retirement income and the taxes you owe.
4 min read Oct 24, 2024 -
Warren Buffett: Top investing lessons and advice from Berkshire’s legendary CEO
Here’s what else you should know about Warren Buffett, his investment approach and largest holdings.
8 min read Oct 22, 2024 -
What is Bitcoin mining and how does it work?
Here are the basics on how Bitcoin mining works and some key risks to be aware of.
5 min read Oct 21, 2024