So it's been a while since I've done an update on Investor Joar. So I wanted to provide a quick update on where things finished up for 2016.
Overall, 2016 ended up with a big win for the Robo-Adviser portfolio, with a total return for that portfolio of 8.03% compared to 5.02% for my big fancy adviser managed portfolio. That being said, the adviser managed portfolio finished up the fourth quarter with a strong performance with a return of 1.04% compared to 0.48% for the robo-adviser.
So far in 2017, the reverse is true, with the adviser managed portfolio turning in a return of 1.97% compared to a return of 1.84% for the robo-portfolio for the month of January.
While the robo-portfolio finished better off for last year overall, the two portfolios went back and forth a few times during the year with the adviser doing better in Q2 and Q4.
So the experiment continues into 2017.
