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'Millionaire Teacher' advice for investing on auto-pilot


What is a robo-advisor?
An intelligent investment firm, or
robo-advisor
, manages your portfolio with as little human intervention as possible, protecting your money from your own self-sabotaging instincts, along with those of your money manager. The company puts decisions into the hands of computer algorithms, which are much more resilient in the face of volatility and uncertainty than we short-sighted humans. 
The way I think of it, it s a bit like sending a robot grocery shopping. While
you might get into the aisles and abandon your carefully-tailored meal plan at the first sign of a stomach rumble, your robot companion will never reach for junk food or tabloids at the register. It knows what s good for you, and will stick to the plan you agreed upon together, in your stronger moments  dutifully returning home with spinach and quinoa no matter ....

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Investment Product and Service Launches


Nuveen Expands TDF Solutions With New Series
Nuveen, the global investment manager of TIAA, has expanded its target-date fund (TDF) solutions offering with the addition of the Nuveen TIAA Lifecycle Index CIT series.
The new collective investment trust (CIT) series will further complement the firm’s existing TDF suite, which includes an offering of active, passive and blended strategies. The trustee for the CIT is SEI Trust Co., a wholly owned subsidiary of SEI Investments Co. SEI maintains ultimate fiduciary authority over the management of and the investments made in the CIT, with Nuveen acting as the adviser. 
With the launch of the Nuveen TIAA Lifecycle Index CIT series, the firm will now offer a passive target-date strategy in both mutual fund (TIAA-CREF Lifecycle Index Funds) and CIT solutions. The latest CIT series will also be managed by Nuveen’s mixed assets portfolio management team, which was recognized for its management of mutual funds for the fifth ....

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