Wealthfront

[The kitchen sink]

Can anyone share their experience with Wealthfront investing?

It’s a robo investor, they take 0.25% yearly, mostly investing in low expense ratio index funds

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[tartesos]

Can anyone share their experience with Wealthfront investing?

It’s a robo investor, they take 0.25% yearly, mostly investing in low expense ratio index funds

Something you could easily do yourself and earn 0.25%

 

[Groove]

Just about all of the major brokers do robo investing and a pretty good job of it after surveying your risk tolerance and goals. Schwab has a good one. If you're planning on doing basic index fund investing, you really don't need anyone to help you do that.

Most of the brokers will have basic free robo investing +/- paid/free access to any of the brokerage financial advisors that is probably just as profitable as Wealthfront for a lower cost of entry.

 

[The kitchen sink]

Just about all of the major brokers do robo investing and a pretty good job of it after surveying your risk tolerance and goals. Schwab has a good one. If you're planning on doing basic index fund investing, you really don't need anyone to help you do that.

Most of the brokers will have basic free robo investing +/- paid/free access to any of the brokerage financial advisors that is probably just as profitable as Wealthfront for a lower cost of entry.

Are you referring to the Scwab s&p 500 mutual fund SWPXX ?

 

[Groove]

Are you referring to the Scwab s&p 500 mutual fund SWPXX ?

No, I'm referring to any of the major brokerage services. There's nothing magical about Wealthfront. It's a newer company and it's standard automated robo investing after you fill out a risk tolerance questionnaire. There are lots of threads about it on reddit if you want to search. All the major brokerages have automated robo investing these days. Plus, you get all the wealth of benefits and additional services and products that a brokerage brings. You'd have better luck using Schwab, Fidelity, Vanguard, etc.. Or yet...just do a basic 3 fund boglehead approach if you are not particularly interested in investing and want to keep it simple.

 

[The kitchen sink]

No, I'm referring to any of the major brokerage services. There's nothing magical about Wealthfront. It's a newer company and it's standard automated robo investing after you fill out a risk tolerance questionnaire. There are lots of threads about it on reddit if you want to search. All the major brokerages have automated robo investing these days. Plus, you get all the wealth of benefits and additional services and products that a brokerage brings. You'd have better luck using Schwab, Fidelity, Vanguard, etc.. Or yet...just do a basic 3 fund boglehead approach if you are not particularly interested in investing and want to keep it simple.

True true

 

[wamcp]

Can anyone share their experience with Wealthfront investing?

It’s a robo investor, they take 0.25% yearly, mostly investing in low expense ratio index funds

Waste of fees
Use fidelity brokerage
Buy SPY or IVV with fractional shares if needed to use every cent
Hold
Retire later

 

[The kitchen sink]

Waste of fees
Use fidelity brokerage
Buy SPY or IVV with fractional shares if needed to use every cent
Hold
Retire later

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