You have a friend named Sipho. Sipho is 25 years old, he has recently graduated from UKZN (in 2022), and he has been working at Unilever from 1 January 2023. He recently inherited R100 000 from his grandmother, and would like to invest this money.

Sipho has approached you for advice, on whether he should use a robo-advisor to assist him with investing this money, or whether he should approach a professional money manager.