Print Page - Any Betterment or Wealthfront users?

Title: Any Betterment or Wealthfront users?
Post by: reinko on April 13, 2016, 06:35:06 AM

Any opinions, pro's/con's on automated investment services?

Title: Re: Any Betterment or Wealthfront users?
Post by: Jay Bee on April 13, 2016, 07:01:34 AM

Quote from: reinko on April 13, 2016, 06:35:06 AM
Any opinions, pro's/con's on automated investment services?

The bolded part.

Title: Re: Any Betterment or Wealthfront users?
Post by: Skatastrophy on April 13, 2016, 07:19:48 AM

https://medium.com/@blakeross/wealthfront-silicon-valley-tech-at-wall-street-prices-fdd2e5f54905#.r47ah8nl1

Title: Re: Any Betterment or Wealthfront users?
Post by: Coleman on April 13, 2016, 08:25:12 AM

I know Betterment is all the rage with my generation (millenials), but I highly doubt they can top the expense ratio I get with a Vanguard index fund. I don't see the appeal.

Title: Re: Any Betterment or Wealthfront users?
Post by: Hards Alumni on April 13, 2016, 10:13:14 AM

Quote from: Coleman on April 13, 2016, 08:25:12 AM
I know Betterment is all the rage with my generation (millenials), but I highly doubt they can top the expense ratio I get with a Vanguard index fund. I don't see the appeal.

because it sounds too good to be true, and millennials put way too much of their faith in technology, apps, the internet.

MUScoop

MUScoop => The Superbar => Topic started by: reinko on April 13, 2016, 06:35:06 AM