Betterment.com Review | TigerDroppings.com
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bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
27097 posts

Betterment.com Review

Has anyone used this?

LINK


I saw an ad for it on my mint account... thinking about giving it a god... Seems like a poor mans hedge fund.


foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
31948 posts

re: Betterment.com Review
It actually looks like they just take your money and invest in a couple of index funds. You can do this for free yourself, it isn't complicated at all.

There's nothing wrong with what they are doing, it's just that it isn't worth even a low fee.


bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
27097 posts

re: Betterment.com Review
quote:

There's nothing wrong with what they are doing, it's just that it isn't worth even a low fee.


don't most brokerage houses charge fees for trades?


foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
31948 posts

re: Betterment.com Review
quote:

don't most brokerage houses charge fees for trades?


I buy index funds through Schwab and have yet to pay a fee for a trade. Not all the funds they offer qualify for no-fee trading but plenty do, more than enough to do an index portfolio.


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