Betterment Reviews and details

Social recommendations and mentions

• What to do with extra $13k as a 20 year old

  Go to betterment.com and put it in their cash reserve. You'll get a good interest rate that should help at least reduce some inflation risk. Source: 11 months ago

• Financially illiterate

  If you want a less frightening way to invest, betterment.com was my gateway into investing. It has a pre-selected basket of index funds and bonds, and you can just select your risk tolerance, set up a deposit schedule, and they take care of the rest. I started with $10/paycheck 11 years ago, and now I have almost $20,000 invested as I kept increasing my automated deposits as my salary grew. Source: about 1 year ago

• Weekly note about a direct competitor outdoing M1+

  Also about Betterment: they too started offering crypto at exactly the wrong time, but unlike M1 they have the decency to hide it from view! If I go to betterment.com now, I don't see any reference to crypto on the main page unless you scroll all the way down to the site map at the bottom. That's something else that M1+ could offer:. Source: over 1 year ago

• Moving out at 18, no idea how to be an adult.

  Lastly sign up for a free investment app like acorns, betterment.com, robin hood etc. Once you've got your budget setup dump everything else into those when combined with your credit card buffer you can always pull back out or preferrably reduce next months investments if you find yourself low on funds one month. Source: over 1 year ago

• Newbie Question - Investment Account

  There are muuuuuuch better options today that Edward Jones. Your "local guy" makes a living adding maintenance costs to your account. The original poster here could do really well by checking out betterment.com and just following the on-screen prompts (they offer IRAs, too). Next time you meet with your local guy, ask him how much (the exact dollar amount) he's made from the fees on your investment account...and... Source: almost 2 years ago

• Should I be sitting on cash in savings?

  I can withdraw all my funds from my 8%+ betterment.com return portfolio in 4 days or less. With tax penalties, but if you need 3 months of cash for an emergency, you aren't worried about taxes. Source: over 2 years ago

• If you invested $1000 per month where would you put it and where should I put it?

  Set up an account at betterment.com and let them manage your portfolio. Source: over 2 years ago

• Now that you have $160M cash -- PLEASE integrate Betterment 401k with Gusto

  According to the note on betterment.com, "The additional [$160M] funding will be used to accelerate the record growth Betterment has delivered year-to-date across its core retail investment products and advisor solutions, and particularly its rapidly growing 401(k) offering for small and medium sized businesses.". Source: over 2 years ago

• $1 million or $6?

  I use Betterment personally, but there are others that do "virtual advisor" sorts of models. Source: almost 3 years ago

• Purchasing power of one US dollar (USD) in every year from 1635 to 2020

  > I could not disagree more. For much of human history, and most of American history, saving currency was exactly how you saved value. For much of human history we pooped in the street and murdered each other with reckless abandon. That may have been how we did things in the past, but there's no reason to couple a medium of exchange (short term) and a store of value (long term). There's really no justification for... - Source: Hacker News / almost 3 years ago

• Thought on my $10/ day investment plan?

  Check out Betterment. Real diversification (not just the SP500). Very low fees. Tax loss harvesting. Source: about 3 years ago