Over the past few years we've seen a lot of publicity and news about the advent of the "robo advisor." These “robo advisors” are not like the robots that can clean your house or perform surgical procedures. The term  “Robo advisor” is probably a misnomer. The accurate description would be a  "low-cost, automated asset ALLOCATION program."   A robo allocation system creates an asset allocation from data it is fed by humans. It then makes trades via algorithm. Ironically robo advisors base their allocations 100% on past performance and  thirty year AVERAGES from the past! The problem: A thirty year average could be meaningless when it comes to navigating the NEXT five or ten years. We'll review what you need to know,  Don't miss today's show, MASTERING MONEY is on the air!