Startup cost: $500 - $3k

Setup costs range from $500 to $3,000 for starting a Robo Investing side hustle. At a minimum, you'll need to cover expenses like platform fees, basic software tools, and initial marketing budget. Opting for a more comprehensive approach could involve investing in premium automation software, advanced analytics tools, and targeted advertising campaigns. It's essential to have a reliable internet connection and a computer or laptop. Hidden costs may include subscription fees for specialized investment algorithms or additional training resources. In online discussions, some mention that costs can escalate once you commit to scaling up your operations. To take this seriously, I'd advise a friend to budget around $2,000 to ensure they have the necessary resources to launch and grow their Robo Investing business effectively.