Tuesday, February 10, 2015

Betterment - Set Your Investments on Autopilot


Name: Betterment
By: Betterment
Price: FREE (iOS) | FREE (Android) + Paid Service
Category: Finance

Betterment makes it easy for anyone to invest in a low-cost, globally diversified portfolio based on Nobel Prize-winning investment theories. Sure, you could spend your own time setting up a diversified portfolio, or you could hire an investment manager to do it for you, but Betterment offers a third option that saves both time and money.  






Betterment streamlines the process of investing your money wisely. The intuitive web interface allows you to customize your risk and strategy to target specific goals, such as building wealth for a long-term retirement fund or accruing a short term safety net, and always stay on track through automated deposits and performance analysis. It also offers automatic rebalancing, dividend reinvestment, tax optimization, and fractional shares, making sure all of your money is working towards maximum returns.

Once you initially set up your goals, risk level, and auto-deposits, you can sit back and track your progress through their app, which offers an in-depth breakdown of your portfolio, returns, activity, and allows you to make bank transfers to or from your account. 

Fees are structured as a low percentage of your overall funds, ranging from 0.15-0.35% per year and are charged on a quarterly basis. This means you can make as many deposits and withdrawals as you'd like without paying processing fees that most other services charge.  This makes your Betterment funds extremely liquid - simply transfer cash back to your bank account whenever you need it.  Sign up now for a free 30 day trial!

I trust Betterment to manage my investments and highly recommend that you explore their service for yourself.




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