Frequently Asked Questions

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1. This website has great tools. Should I still consult my financial advisor?
   Yes, you should. Investopresto is not a substitute for a financial advisor. It is a tool to help you make informed decisions about your investments. It is for information only purposes.
   
   
2. Is it safe to use this website? Will my personal information get circulated on the web?
   Yes, the website is safe to use. Only you will have contol over which information can be shared and with which users. Please read our Privacy Policy for further details.
   
   
3. What algorithms do you use and how credible are they?

   For Risk Profiling and Asset Allocation, we use our proprietary algorithms developed inhouse. These algorithms attempt to combine the best of industry practices with sound common sense.

   Risk profiling is almost always done empirically by financial advisors and portfolio managers. We use similar heuristics that are commonly used industry-wide, to come up with the risk profiles of users, namely – age, liquidity constraints, financial status, mental make-up, unique circumstances, etc.

   
   
4. What features do you plan to offer?

   We will soon offer a suite of web based Portfolio Management and Risk Management tools with strong social features. We also plan to have tools for financial planning and financial education.

   
   
5. When are these new features going to be available?

   What we have released in our first alpha release represents a small percentage of what we have already developed. We are also constantly developing more features. We plan to release these features iteratively over the course of a few months.

   
   
6. Why should I use your tool instead of going to a Private Wealth Manager?

   As mentioned earlier, Investopresto is to be used for informational purposes only and should not be considered a substitute for your financial advisor.