Many professionals, young and old, are looking at investing their money in different areas. Some would choose investing on a start-up or banking it all on mutual funds. But there is one way people can invest their money for the "Betterment."
Investing for the future should be what everyone else is doing. Right now, the rates are low everywhere when it comes to interest rates. It is not enough to leave your money in the usual basic savings account and expect it to grow. Which is why Robo-advisors like "Betterment" might just be help Americans figure out what you can do with your money.
According to Business Insider, this is the only way most people should be investing their money. Betterment is one of the most popular financial robo-advisors in the market right now. It has $4 billion under management automating investments through modern Portfolio Theory. It creates a diversified portfolio and its main goal is to minimize risks while outperforming the market.
When it comes to the long run, Betterment is found to be a valuable tool for many reasons. It manages your savings automatically - so you do not have to. You can be passively investing. Chill out during the day knowing that robo-advisor is making money for you.
It is much more affordable compared to hiring a financial professional fund manager. Account managers' management fees can range between 1.3% to 1.5% while Betterment only charges 0.15% to 0.35%.
What are you going to invest on using this service? Betterment invests in Exchange Traded Funds. These are tax-efficient investment products that pools small investors' money to purchase shares or bonds coming from multiple companies. Betterment's theme is to provide investors with a diverse and safe porfolio where earning money is established for the long run.
Visit Betterment if you are interested in investing your money for the long run.