Monday, December 12, 2011

Is opening a Betterment (Online Investing Account) a good, safe and lucrative idea -- what have you heard pls?

"...Savings accounts offer paltry interest rates that don鈥檛 keep up


with inflation. And investing in the stock market through traditional investing sites is risky鈥攁nd complicated. Using a financial advisor often means high minimum deposits and management fees that eat away at your returns.





What鈥檚 the solution?





Betterment offers a better way鈥攖o save and invest your money. Betterment is the first secure online investing site that allows you to invest in a portfolio of stocks and bonds that鈥檚 tailored to you and your goals.











It鈥檚 straightforward. No prior investment experience is needed. Betterment takes the mystery out of the investing process by showing you how to invest your money in a portfolio of stocks and bonds in a blend that you tailor to your own preferences and goals.


It鈥檚 convenient. You can set up your Betterment account in minutes and add links to your bank account for easy transfers.


There's no minimum. If you don't have thousands of dollars to invest, that's fine. Start with whatever amount is comfortable for you鈥攚hether that鈥檚 $10 or $10,000.


It鈥檚 low cost and flexible. Transfers and trades are always free, and you can withdraw your money at any time."





Betterment.com








I am not advertising for them. I am actually curious about investing with them. This was taken from an investing group.|||It does not look good. I would be suspicious of the phrase "tailored for you" - it just means they will saddle you with high commission products so they get to earn the commission.





If you really want safe and secure investing, go and buy a Mutual Fund that tracks the S%26amp;P from Fidelity or Vanguard. They are solid, reputable companies that do what these guys claim, without the risk of being cheated.|||a good, safe and lucrative idea


If I'm looking for something good %26amp; safe, I don't pick a company I've never heard of before!!

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