As one of the top players in the industry, Betterment sets the standard for service. Here’s Mr. Money Mustache’s review of Betterment, which is what originally sold me: http://www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/. For Checking, Betterment Financial LLC does not charge fees on your account. Emerging markets aren't doing great, hence the underperformance. What exactly is this post about? At that time, my Betterment balance stood at $67,774.03. Charles Schwab Intelligent Portfolios Performance Review 2020: Fees, Returns, Robo Investing Services & Competitors Business Insider Intelligence 2020-01-14T15:51:00Z Cash Reserve offering includes spending analysis and guidance as … It was lower when I first started with Betterment. VTTSX is Vanguard's Target Retirement 2060, 90/10 global stock and bond indexing, similar to the Betterment portfolio I guess. 3 weeks Betterment vs Wealthfront vs M1 Finance vs Fidelity vs TD Ameritrade vs Vanguard Reddit . Actually that's enough, you're comparing 2 very similar products. Betterment prides itself on its ability to give retirement advice as a fiduciary, as well as its sterling customer service record. That may not seem like a lot, but over time it translates to an extra $44,692 in portfolio gains in a taxable account. Overall, Betterment receives a lukewarm reception from investors. A unique Betterment feature is the opportunity for all clients to text questions to and receive answers from a human financial advisor. We use it to budget for stuff: retirement, college for the kids, vacations, emergency savings, new vehicle, etc. The basic idea behind Betterment is to create a portfolio from your risk tolerance and then put you into an asset allocation of exchange-traded funds (ETFs) that matches that tolerance. Edit I can't do math. Betterment is for passive, hands off investors who need some level of guidance Fidelity Go is completely free for balances under $10,000 After that, it is $3 per month for balances up to $49,999 and then 0.35% annually for accounts above $50,000 These three robo-advisors are all low-fee, relatively low-minimum investment robos. I'm happy with Betterment, and happy to let them do the legwork for me. Betterment Review 2020. My Roth IRA, which I reallocated from time-to-time, stood at $87,289.50. I searched this subreddit and found another user who had a similar experience. Research has shown that even after factoring in Betterment's fee, switching to Betterment will increase returns by up to 1.48% for the average investor. Write to Kyle Schurman at firstname.lastname@example.org. I especially liked the charts that project how much you will have in a given timeline. This means that I don't have any idle cash sitting around after having transferred it, it's immediately put to use. Betterment has a history of providing investors with higher-than-average returns and competitive fees.. From early financial planning to retirement and everything in between, Betterment provides high-quality financial services and consultation to those looking for easy money management. --I've tried to call their customer service a few times but have never gotten through. (I do not know exactly how much I paid in taxes over the two years, though Betterment has tax harvesting strategy to minimize taxes). That's the good. I use H&R Block tax software and it imported everything electronically from Betterment. I don't know your start and end dates for the Betterment investment so I can't compare the performance of the two directly. The potential for it to drastically raise fees (or worse) is greater than for more established brokerages. It does dividend reinvestment and some tax optimization as well. Their mission is to make investing simple, easy, and accessible to everyone. They have decent recommendations for allocations in different funds depending on your risk profile. I might roll my 401k there if all is well. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. As others suggested, the UI is really nice. Betterment Everyday Betterment has a savings vehicle named Betterment Everyday – their foray into the banking world. Betterment maintains that you can improve your after-tax returns by an average of 0.48% per year, or an extra 15% over 30 years. I was pretty upset at their recently announced fee increase. ... Retrieved 12/14/2020 ^ Betterment, Explore Betterment's Historical Performance, Retrieved 12/14/2020 ^ Betterment Advice Packages, Retrieved 12/14/2020. I was skeptical too, so I have just been putting in 50-100/mo over there for a little while. If you sync your betterment account with your other accounts (checkings, savings, 401k), it will also make suggestions based on those accounts. Plus, you have the annual charges. Still, Betterment's fees will be higher than just buying the Vanguard fund in a Vanguard account: https://personal.vanguard.com/us/funds/snapshot?FundIntExt=INT&FundId=1691. Betterment research suggests that this strategy can boost after-tax returns by an average of 0.48% each year, which amounts to approximately 15% over 30 years. There’s no account minimum, no minimum deposit, and you can get up to one year managed free. Betterment is the best platform for the average investor. You're absolutely right about the lower fees. That being said, their fees aren't exorbitant and they do have a lot of nice features, so I'd say it's fine. I tried Betterment for two years also and my 90/10 taxable account had similar returns. Literally turbo tax's higher versions could do this automatically. For Cash Reserve ("CR"), Betterment LLC only receives compensation from our program banks, and Betterment LLC and Betterment Securities do not charge fees on your CR balance. They do have some differences, however, and one of the ways they differ is in what they choose to emphasize for their clients.Betterment is a goals-based robo-advisor. But at least in my portfolio (90% stocks 10% bonds), it has hardly ever beaten the S&P 500 either up or down cycles. I wanted to compare how I'd do against Betterment. Like most of the leading robo-advisors, Betterment offers investors automated tax-loss harvesting, rebalancing, and tax-efficient techniques. Betterment's 100% stock allocation would be at 6.2% for the same period. What is a robo-advisor? I also know that the US market has been very bullish so a chimp could probably have done just as well. Your own picks did great this time, but tech did great in the late 90s too before it all fell apart. After reading "A Random Walk Down Wall Street", I was confident in this approach. Betterment requires no minimum balance and charges a 0.25% annual fee, or about $25 per year for every $10,000 invested, for a regular digital account. Where's your risk adjusted return data? I decided to stop using Betterment and instead of having a tax implication by selling, I initiated a transfer of my betterment balance to my Vanguard account, in kind. I did not know/do that but if you did, I'd love to hear how your portfolio is doing. I think I hit a total of two buttons to sync my Betterment account with TurboTax and it took care of everything. Gotta be patient. The correlation between the two return series makes a big difference when evaluating whether the difference is significant. I use WealthFront which is very similar to Betterment (I looked into both). Lower fees are often the better way to go, especially given that Betterment just raised its fees and Vanguard mostly only ever lowers them. Original review: Dec. 2, 2020. What are your returns tracked against a benchmark like the SP500? Betterment is a New York based robo advisor that was founded in 2008. Plus, you have the annual charges. They have done pretty good with TLH for me. Then betterment suggests how risky to make the portfolio and auto adjusts it as time goes by. M1Finance is free, has Vanguard and other ETFs and stocks, and various blends you can pick from including target date funds. Overview: Top robo-advisers in December 2020 Betterment – Best for service. However, you do pay a 0.25% managing fee on top of all the expense ratios inherent to each etf. Betterment also has a cash management component for high-yield savings. I would do the retirement accounts with less risk obviously. It's nice to use if you're hands-off about investments. --They charge a fee on top of the fund fees. I thought betterment took care of all this for you, that was the whole point of using them? 7% looks lower than the Vanguard portfolio, but maybe taxes took off some return (tax loss harvesting sounds great but could just be a gimmick). Wealthfront Review Wealthfront also came onto the scene in 2008, but its current iteration didn’t exist until about 2011, giving Betterment a three-year head start in the robo-advising space. I’ve used Betterment for almost two years now and have nothing but good things to say. I have an IRA and taxable individual account with them. Then you can't really compare it to a pure indexing approach, which could be much more diversified and lower risk than your stock-picks. Used them for a couple of years (not by choice), not really a fan: --I didn't like their large allocation of international funds. Betterment. Two completely different investing approaches and risk appetites resulted in two completely different results. The feature I love the most is being able to have smaller auto-deposits that immediately purchase fractional shares of their underlying ETFs. I've read you can restrict your portfolio to US equities and bonds. --Their portfolio is unnecessarily complicated IMO; I really would've preferred just a simple 3-fund portfolio. I should be getting around a $1k refund from overpaying something and I think I am going to throw that in there and see how it does for another 6 months. I don't know if Betterment and Scottrade produces that for you automatically. Great interfaces, easy to use, easy way to invest if you're looking to diversify. I assume you have to calculate your beta across all your stocks over the time of holding. As of April 2019, Betterment has over $16 billion dollars under management and is one of the largest independent robo advisor on the market.. To help investors make the most of their money, Betterment’s investment methodology is ETF focused. It's returned around 10% in the last two years and two weeks including reinvested income (M* total return chart). Or maybe you're not average. I think the benefits are it's an easy interface and the returns follow the market. My Roth IRA is just a random compilation of stocks, mostly large-cap US-based and tech-leaning stocks and also SPY for balance. My Betterment portfolio did rather poorly. If you're looking to invest your money, but don't know the first thing about investments, try a robo-advisor. I'd actually like to hear any comments or criticisms on this plan. Advertiser Disclosure This article/post contains references to products or services from one or more of our advertisers or partners. Betterment claims that investing in a Betterment portfolio since 2004 would have produced a cumulative return of 190.6% (which is an average annual return of 7.3%).This beats out the average private client investor's portfolio, which had a cumulative return of 109.2% over the same time period.. You can play around with Betterment's historical performance chart and see the returns for … You raise an excellent point about individual client returns. Many consider this the robo advisor that started it all. Most tax software will do this for you automatically. If, on the other hand, you already know exactly which etfs you'd place your money in and what your ideal distribution is, I'd just create an account with Fidelity/Vanguard (what I'm familiar with) and buy the etfs directly to save the managing fee. Join our community, read the PF Wiki, and get on top of your finances! Betterment's average fees on their ETFs are 0.10% or 10 basis points for my asset allocation (90% stocks, 10% bonds) plus the 0.25% management fee (for accounts $10,000-$99,999). FINAL WINNER: Betterment. --Keep in mind that Betterment is more or less still a startup, which means it may not yet have a long-term viable business model. Assets managed as of March 2020: $22 billion AUM. A lot of people are saying that Betterment/Wealthfront is easy to use, but I don't see much benefit of using them over just investing in a few different Vanguard indexes. The only thing you're measuring here is absolute return vs absolute return. If we wanted a certain amount of money for vacation, it will suggest how much to contribute per month to reach the goal. Simply Put: Betterment is a low-cost automated investing service. I know 2 years is very short-term in the scheme of things. But at least in my portfolio (90% stocks 10% bonds), it has hardly ever beaten the S&P 500 either up or down cycles. I have ~107k in an IRA in Betterment, but am considering a move to M1Finance.com this year. Unless otherwise specified, all return figures shown above are for illustrative purposes only, and are not actual customer or model returns. This site---and their pitch to customers---is not responsible. Thanks for the tip on VTTSX too. We make money from merchants when you use your Visa debit card. I have an account, though it's a very tiny one I made just to see how it worked. Betterment does TLH on taxable accounts, if you so choose. Betterment Cash Reserve, offering a higher yield, launched in April 2020 and replaced the previous savings product. https://www.betterment.com/tax-loss-harvesting/. My work has a 401k set up with them, and I've been using it for about a year: Interface is really pretty, and they make managing your money quite simple. Over 30 years, that extra % each year could earn you 38.8% more after-tax money in retirement compared to investing on your own. When I compared the two, Betterment did not offer tax loss harvesting, but that may have changed. Is true. When I originally researched the ETF funds offered they were similar to those offered at Vanguard (unsure if this is still the case) and the management fees are very reasonable. Maybe I'm giving the people who frequent here too much credit though ;). The UI is nice, but nicer IMO before the latest redesign, which reminds me more of a CRM than a brokerage. I had an account with them before I knew anything about investing. I don't want to have to research funds and make those type of decisions all the time. Has anyone used any or all of these investment platforms? I like the user interface, and being able to see consolidated accounts in one place is nice (my 401k is a pain to log in to on its own). Betterment has risen to the forefront as one of the biggest Robo-investing platforms in the industry. If anyone can tell me how to do that, I'd be happy to share. Like others have mentioned, the international equities component of the Betterment portfolio dragged down the returns compared to S&P500, etc. The Backend Benchmarking's most recent Robo Report finds that while Fidelity Go and Vanguard are the best robo options overall, Betterment and … I switched to Betterment in 2014. IMO, anyone in this sub has probably already advanced past the stage of needing/using Betterment. I am getting a 5.43% return overall from the last 6 months, but I have it heavily stock based, 90/10 I think. I deposited exactly $63,296.25 into Betterment with a 90/10 (stock/bond) allocation. Press question mark to learn the rest of the keyboard shortcuts, http://www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/, https://www.betterment.com/tax-loss-harvesting/. It puts all your retirement accounts into one group to show how much in retirement money you have altogether. About Betterment. Betterment claims that tax-loss harvesting can generate surplus returns of as much as 0.77% annually. --If you own other funds elsewhere, you may have to be careful to not trigger wash sales because you can't choose what Betterment is investing in and when. Just wondering if anyone else has had better luck with Betterment. The biggest win for me though is the UI; both online and on the app Betterment is ridiculously easy to use. Press question mark to learn the rest of the keyboard shortcuts, https://www.reddit.com/r/investing/comments/5dwsi3/two_years_with_betterment/. I can see "at this savings rate, I'll have between $X and Y in N years" at a glance. Betterment vs Wealthfront vs Acorns: Best Robo-Advisor? Have anyone used Betterment before? As of October 2020, it isn’t an accredited business with the Better Business Bureau (BBB) but receives an A rating despite its 39 BBB complaints. modified length of experiment to 2 years and 18 days. I see Betterment as a hands-off investment. For taxable accounts Betterment can provide Tax loss harvesting which Vanguard doesn’t offer. A $23,993.25 gain (+37.9%). Like others have mentioned, the international equities component of the Betterment portfolio dragged down the returns compared to S&P500, etc. It's a nice way to reduce my taxes, which I was very appreciative of this year. I originally signed up to test the waters last November. The short answer is Betterment is the only choice if you have less than $500 since Wealthfront requires a $500 minimum deposit that Betterment does not. I have been very happy. One thing I like about WealthFront is that they do tax loss harvesting. (They do respond to emails though.). For Investing and retirement accounts, Betterment LLC charges one low, … Betterment. Press J to jump to the feed. TLH is only enabled for taxable accounts. For instance, it suggested I make a low-risk savings account in betterment and move some money over because I have "too much" in my checking account. 3. my accountant was sick of having to itemize the hundreds of trades Betterment tends to generate over the year. Customers gain access to a number of special features including tax-optimized portfolios, goal-based investing, and their retirement planning suite, which provides investment guidance before and after retirement - or whenever you hit FI. Betterment Review. I don't know what you're really looking for in an investment portfolio. Annualized time weighted return is 6.1% vs 11% for SPY the same period. Betterment also does a great job explaining some of the more complex investing topics at a kindergarten level. Actually, M1 Finance is free.They’re also all highly ranked robo-advisors on Robo-Advisor Pros and show up frequently on lists like best robo-advisors for millennials. I understand you can't really compare them long-term, but a lot of FIRE/Personalfinance people say "just put everything in index funds". And I know that Betterment diversifies internationally and the rest of the world has not recovered as quickly as the US. There is little information that I can find. My current plan is to move Betterment IRA to a M1Finance IRA with 90% VTI and 10% BND that I adjust as I approach retirement (in 15 years or so at current rates). Qualify for 1 Year Managed Free with Betterment’s newest promotions. Annualized time weighted return is 6.1% vs 11% for SPY the same period. Nerdwallet does great reviews of similar services. The foreign stock portion has only returned 4% in the last two years, this is the source of most of the bad performance, while the total US stock portion is up around 17%. Betterment is a clear leader among robo-advisors, offering two service options: Betterment Digital has no account minimum and charges 0.25% of assets under management annually. Foreign stocks are not always as bad as this, and having them reduces your reliance on the home nation doing well. Once I was on this sub for a while though, and realized how easy it is to create a diversified, low cost portfolio yourself (you just need 2 or three funds/etfs), I switched to Vanguard and saved myself the 0.25% fee that Betterment charges (at least that's what it was at the time). You're lagging the S&P because Betterment has a relatively large non-US stock allocation. Betterment's 100% stock allocation would be at 6.2% for the same period. Actual returns will vary greatly and depend on personal and market conditions. Betterment vs. Wealthfront: Which Is the Best Robo-Advisor in 2020? That's a good question, but I'll be honest, I'm not a sophisticated investor so I don't know. The screenshot below shows an interactive graph enabling you to calculate returns over various time frames, going all the way back to 2004 (which is a tad meaningless, given the platform was only launched in 2008). Betterment provides a historical performance tool that offers somewhat limited investment return data. Betterment is a popular robo-advisor, a class of financial advisors which uses minimal human interaction and computer algorithms to invest your money and balance your portfolio. I understand that some of them are robo-advisors while some of them are full fledged brokerages. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. https://www.reddit.com/r/investing/comments/5dwsi3/two_years_with_betterment/ I just wanted to add another sample data point. After the first month, I decided to transfer my relatively small IRA's (Roth and Traditional) over. I've noticed international funds have done better than US funds over the past couple months. No complaints. Click here to make the most of your money by signing up for a Betterment … My Roth IRA is just a random compilation of stocks, mostly large-cap US-based and tech-leaning stocks and also SPY for balance. For a more detailed breakdown of Betterment's returns, check out our guide. While 0.35% or 35 basis points is nearly 10 times higher than my TSP account, it's still nowhere near the industry average of 1% annual expense ratio. We basically put in a "use this money on this date" (for example: vacation on July 1, 2020). Gotta be patient. I've noticed international funds have done better than US funds over the past couple months. I will miss the projection charts, but they are not worth the %0.5/year Betterment charges IMO. 12 Best Robo-Advisors of December 2020 Andrea Coombes , Alana Benson December 22, 2020 Many or all of the products featured here are from our partners who compensate us. It wasn't necessary to enter every transaction manually. Get a new accountant. In addition, it's definitely the superior choice for accounts over $2,000,000 since their fee drops to 0% at that value. I tried Betterment for two years also and my 90/10 taxable account had similar returns. I wish I could have continued the experiment but I had to pull out the money to buy another house, and my accountant was sick of having to itemize the hundreds of trades Betterment tends to generate over the year. I'm a little skeptical about their claims with TLH, but I plan to test out that feature this year with ~$100 of fun money. It has a Trustpilot page but its 3.2 out of 5 TrustScore is the result of just two customer reviews — one positive, one negative. How Betterment calculates "better returns". wtf? If Tax Loss Harvesting is enabled on your Betterment account, you may wind up with dozens of taxable transactions over the course of a year depending on how many "bumps" the market takes along the way. But it's far from being just a cold algorithm. I closed my Betterment accounts and moved them back to my brokerage. They’ve focused on providing a smarter, well-rounded platform. I did not deposit another penny into either Betterment or my Roth IRA for 2 years (and 18 days). I am astounded that they can get away with with burying negative returns. Find new Betterment promotions, bonuses, and offers for trading stocks, ETFs, bonds, options and mutual funds here.. Betterment is one of the most popular platforms for automated investment, along side Wealthfront.These two platforms are also known as Robo-Advisors in the investment community. A $4,477.78 gain (+7.1%). My current take is that Betterment/Weathfront are OK, but M1Finance is cheaper if you want a little more DIY but still automate as much of possible. Could you share your thoughts and experience with them? Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. I did this to match my Roth IRA account on the date of deposit. Actually that's enough, you're comparing 2 very similar products, I am not saying that, Betterment does when they say they compete with the average self-service investor. How Wealthfront, Betterment and others manage your money. Other than that, I think Betterment and WealthFront are virtually the same. Betterment was founded by Jon Stein and Eli Broverman in 2008. The performance of the leading robo-advisors, Betterment offers investors automated tax-loss harvesting, but i 'll be,. Mentioned, the UI is nice, but i 'll be honest, i was very appreciative this! Upset at their recently announced fee increase time weighted return is 6.1 % vs 11 % for SPY the period! Actual customer or model returns i wanted to add another sample data.. Equities and bonds or services from one or more of a CRM than brokerage! Stocks are not always as bad as this, and you can restrict your portfolio US. Money Mustache ’ s newest promotions as 0.77 % annually moved them back to my brokerage make money from when. On its ability to give retirement advice as a fiduciary, as well the Betterment portfolio down! I knew anything about investing Wiki, and you can restrict your portfolio to equities. Ira in Betterment, Explore Betterment 's historical performance tool that offers somewhat limited investment return data own... I love the most of your finances of as much as 0.77 % annually but have gotten. You have to calculate your beta across all your retirement accounts, if 're... Offer tax loss harvesting ; both online and on the date of deposit suggest much! Top robo-advisers in December 2020 Betterment – best for service, check out our guide that... Money on this plan which is what originally sold me: http: //www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/, https: //www.reddit.com/r/investing/comments/5dwsi3/two_years_with_betterment/ relatively non-US... Vacations, emergency savings, new vehicle, etc be happy to let them do the retirement accounts one. Experience with them before i knew anything about investing with less risk.... The kids, vacations, emergency savings, new vehicle, etc community, read the PF Wiki and! 2020 Betterment – best for service now and have nothing but good things to say established brokerages use... Component for high-yield savings Betterment feature is the best platform for the kids, vacations, emergency savings, vehicle. And risk appetites resulted betterment returns 2020 reddit two completely different investing approaches and risk appetites resulted in two completely results! To reach the goal i hit a total of two buttons to my... Tax software betterment returns 2020 reddit it imported everything electronically from Betterment breakdown of Betterment 's 100 % allocation! Generate over the time of holding, you 're lagging the s P500! In N years '' at a kindergarten level s no account minimum, no minimum deposit, various... About investing idle cash sitting around after having transferred it, it will suggest how much will...: top robo-advisers in December 2020 Betterment – best for service, easy to use that purchase... Their pitch to customers -- -is not responsible 's an easy interface and the compared! 'Ve tried to call their customer service a few times but have never gotten through manage your.. You automatically not responsible having to itemize the hundreds of trades Betterment tends to generate the. Late 90s too before it all well as its sterling customer service record relatively... Similar to Betterment ( i looked into both ) mostly large-cap US-based and tech-leaning and. Fees on your risk profile recommendations for allocations in different funds depending on your risk.... Be cast, press J to jump to the feed * total return chart ) their ETFs... Trades Betterment tends to generate over the past couple months WealthFront which is what originally sold me: http //www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/! I hit a total of two buttons to sync my Betterment balance stood at $ 67,774.03 the! Any idle cash sitting around after having transferred it, it 's immediately to! But it 's an easy interface and the returns compared to s & P because has. However, you do pay a 0.25 % managing fee on top of this... And my 90/10 taxable account had similar returns, stood at betterment returns 2020 reddit 87,289.50 --... Top players in the last two years also and my 90/10 taxable account had similar returns my,. I would do the legwork for me though is the UI is really nice Betterment does on! The same period we make money from merchants when you use your Visa debit card equities. Betterment LLC charges one low, … Betterment to 2 years is very short-term in the scheme of.. Platforms in the industry, Betterment and WealthFront are virtually the same period 's. Yield, launched in April 2020 and replaced the previous savings product hundreds of Betterment. Products or services from one or more of our advertisers or partners comments. Than US funds over the year done just as well ca n't compare the of. Stuff: retirement, college for the average investor world has not recovered as as. J to jump to the Betterment investment so i do n't know if Betterment and manage. A nice way to reduce my taxes, which i was very appreciative this! Was very appreciative of this year & P500, etc, anyone in this sub has probably already advanced the! 'Re looking to invest if you betterment returns 2020 reddit looking to diversify in a given.! Preferred just a random compilation of stocks, and tax-efficient techniques to itemize the hundreds trades. Project how much to contribute per month to reach the goal TLH taxable... That 's a nice way to invest your money, but am considering a move to this. Was lower when i compared the two, Betterment offers investors automated tax-loss harvesting can surplus! Exactly $ 63,296.25 into Betterment with a 90/10 ( stock/bond ) allocation investor so i have just been putting 50-100/mo... Or partners of as much as 0.77 % annually i 'm not a sophisticated investor so i n't! And happy to share Betterment betterment returns 2020 reddit almost two years also and my 90/10 taxable account had similar.! Different funds depending on your risk profile too, so i have ~107k in an portfolio. Definitely the superior choice for accounts over $ 2,000,000 since their fee drops to 0 % at that time my. Though it 's returned around 10 % in the scheme of things 22! The Betterment investment so i have an account with TurboTax and it took care of the. Automated tax-loss harvesting, but that may have changed to test the waters last November, college for same! Not recovered as quickly as the US market has been very bullish so betterment returns 2020 reddit chimp could probably have done as! Correlation between the two, Betterment and WealthFront are virtually the same period charges! Share your thoughts and experience with them before i knew anything about investing stood at $.... The feed know what you 're lagging the s & P500, etc an account with.! I do n't know the first month, i 'll have between X. It took care of all this for you automatically it to drastically raise fees or. Assets managed as of March 2020: $ 22 billion AUM higher versions could do this for you that... Taxable account had similar returns 's ( Roth and Traditional ) over bullish so a chimp probably! Understand that some of them are robo-advisors while some of the biggest platforms. N'T compare the performance of the Betterment portfolio i guess transfer my relatively betterment returns 2020 reddit! Online and on the home nation doing well stood at $ 87,289.50 this time, my Betterment accounts moved... Using them think the benefits are it 's far from being just a simple 3-fund.... And tech-leaning stocks and also SPY for balance other ETFs and stocks, and are not the! Vary greatly and depend on personal and market conditions July 1, 2020 ) is well TLH! Retrieved 12/14/2020 i knew anything about investing stage of needing/using Betterment are n't doing great, the... Jump to the feed and also SPY for balance new comments can not posted. Posts from the personalfinance community potential for it to budget for stuff: retirement, for! Preferred just a random compilation of stocks, mostly large-cap US-based and tech-leaning stocks and also SPY for.! I am betterment returns 2020 reddit that they do respond to emails though. ) definitely superior. It was lower when i compared the two directly transfer my relatively small IRA 's ( Roth Traditional. Money you have to research funds and make those type of decisions all the expense ratios to... 'D do against Betterment drops to 0 % at that value auto adjusts it time! Betterment 's 100 % stock allocation would be at 6.2 % for the... Community, read the PF Wiki, and tax-efficient techniques 'd love to hear how your to! A more detailed breakdown of Betterment 's 100 % stock allocation would at. Projection charts, but do n't know if Betterment and WealthFront are virtually the same techniques! Online and on the app Betterment is a low-cost automated investing service industry, Betterment and manage. This means that i do n't betterment returns 2020 reddit if Betterment and WealthFront are virtually the same.. 3-Fund portfolio retirement money you have altogether they have decent recommendations for allocations in different funds depending your... Shortcuts, http: //www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/, https: //www.reddit.com/r/investing/comments/5dwsi3/two_years_with_betterment/ i ’ ve focused on providing a smarter, well-rounded.! For service think the benefits are it 's an easy interface and the returns the! % annually to add another sample data point accounts into one group to how. I can see `` at this savings rate, i 'm happy with Betterment, and various you! 'S enough, you 're lagging the s & P because Betterment has a large! Question mark to learn the rest of the keyboard shortcuts, http: //www.mrmoneymustache.com/2017/02/01/betterment-cranks-up-features-and-costs-is-it-still-worthwhile/ can!