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| Posted by | Message | bryso 
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| Betterment.com Review (Posted on 11/29/12 at 3:22 pm)
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.
| | Back to top | Share on  | foshizzle 
LSU Fan
Member since Mar 2008
25082 posts
| re: Betterment.com Review (Posted on 11/29/12 at 6:18 pm to bryso)
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.
| | Back to top | | bryso
Clemson Fan
The Real Death Valley
Member since Dec 2006
26768 posts
| re: Betterment.com Review (Posted on 11/29/12 at 7:13 pm to foshizzle)
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?
| | Back to top | | foshizzle
LSU Fan
Member since Mar 2008
25082 posts
| re: Betterment.com Review (Posted on 11/29/12 at 8:34 pm to bryso)
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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