I got into robo-brokering lately. I started a wealthfront account last week to diversify in mutual funds at an extremely low cost.
There are other companies that do the same thing, Betterment is another big one. CS is coming out with one as well.
There are benefits to each company. So far happy with wealthfront. If anyone would like an invite so they get an additional $5000 managed for free, PM me.
[quote=“ninerID, post:261, topic:22797”]I got into robo-brokering lately. I started a wealthfront account last week to diversify in mutual funds at an extremely low cost.
There are other companies that do the same thing, Betterment is another big one. CS is coming out with one as well.
There are benefits to each company. So far happy with wealthfront. If anyone would like an invite so they get an additional $5000 managed for free, PM me.[/quote]
I have never heard of this, could you explain a little bit to some of us dumb people what this is?
Kenny - you just need to contact compliance and explain. They can make exceptions. Just have to make sure that they can get copies of everything.[/quote]
Not gonna happen.
Kenny - you just need to contact compliance and explain. They can make exceptions. Just have to make sure that they can get copies of everything.[/quote]
Not gonna happen.[/quote]
LOL Not with people like you running the show.
[quote=“Jimmyhat49er, post:262, topic:22797”][quote=“ninerID, post:261, topic:22797”]I got into robo-brokering lately. I started a wealthfront account last week to diversify in mutual funds at an extremely low cost.
There are other companies that do the same thing, Betterment is another big one. CS is coming out with one as well.
There are benefits to each company. So far happy with wealthfront. If anyone would like an invite so they get an additional $5000 managed for free, PM me.[/quote]
I have never heard of this, could you explain a little bit to some of us dumb people what this is?[/quote]
You answer a few questions that help breakdown your appetite (age, salary, savings, risk tolerance, etc.). You then get a strategy by the company of different funds (i’m 35% US stocks, 25% foreign developed markets, 25% emerging, then some in bonds, dividend funds, commodities). This is all based on ETFs, mostly vanguard funds through wealthfront.
I had an initial deposit, and then you can add more weekly, bi weekly, monthly, or another one time. You can change your strategy monthly. If say US stocks outpace other funds, they’ll rebalance (not sure what the break point is).
There are no commissions or trade fees. ETFs have very small fees. The service has a very small fee as well.
They have an IRA setup as well, but I’m doing this in a taxable fund. It’s very much a set it and forget it deal. I’ve done large company stocks similar, but this allows me to diversify.
Kenny - you just need to contact compliance and explain. They can make exceptions. Just have to make sure that they can get copies of everything.[/quote]
Not gonna happen.[/quote]
LOL Not with people like you running the show.[/quote]
haha… They make it such a pain in the ass to do it most people just give up…
HUSA.
Buy it and drive the price up.
I a moving into the petroleum energy sector. It is taking a beating for now, but I don’t see the Saudi’s riding this oil slide past mid-2015.
wealthfront lowered their minimum to $500 today. It’s great when services normally only available to folks like gamer and Over come to the masses.
PM me for an invite though 
I haven’t seen anyone posting on the historic stock market events of late. It is very interesting when you follow the money how intertwined these hedge fund companies are with each other and with our economy in general.
clt says buy AAL!!!
Only wish Soros hadn’t gotten out of the Hedge Fund business and put his company private and with family only. It would have been great if he had gotten the same medicine he dished out on the British currency. He may have but since they are private we will probably never know.
Love seeing the Hedge Funds take a little bit on the chin and the little guy make out.
clt says it is time again to discuss stonks
This current dip in the market feels like no other. Yea, I know the makets always eventually recover, but the time frame might be very long due to stupidity.
I’m pondering retirement possibly as early as Jan 2026. Gonna have to keep an eye on this
DCA all day every day!
Mr Chainsaw just needs to fire a few more employees and everything will be fine.
