The bank's auto investment tool actually beat my self-managed picks last quarter

I started with Schwab's roboadvisor last January just to park $3,000 I didn't want to think about. Kept my main account at Fidelity for individual stocks. For six months I figured the robo was just shuffling my money into boring index funds, which it was. But when I compared the numbers in July, the robo was up 4.2% while my own picks were down 1.8%. That's mainly because I kept chasing biotech names and got burned twice. The robo didn't do anything clever, it just rebalanced every month and never panic sold. I still don't trust it with my retirement, but it made me question whether my 'research' is worth the time. Anyone else split their money between a broker's automated service and their own trades, and see the boring side win more often than they expected?

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