Hey has anybody tried to invest with Wealthfront?
Looks pretty safe for me, but if someone with more experience could give me his two cents it would be very appreciated.
>Wealthfront charges no fees on the first $15,000 and a 0.25% annual management fee for amounts above $15,000.
>Wealthfront accounts are insured by the Securities Investor Protection Corporation(SiPC) for up to $500,000 per entity.
>Wealthfront charges zero fees on transactions such as account rebalancing and dividend reinvesting
>Wealthfront charges $0 in account management fees on the first $15,000 invested in your account
Looks better than Vanguard or Bitcoin. Good find OP!
>>1464370
Opened it up and it looks like they set up your portfolio for you? Or am I just retarded?
>>1464382
Apparently so. No commission is too good to be true.
>>1464391
do you think this is trustworthy?
>>1464398
Probably not. I wouldn't fuck with it.
>>1464370
https://medium.com/@blakeross/wealthfront-silicon-valley-tech-at-wall-street-prices-fdd2e5f54905#.1q5ao9cnr
>>1464370
I put like 750 in when I got some bonds from a deceased relative.
Took it out when it was 850 to pay for something. Pretty good.
>>1464481
but I guess investing by yourself is still more profitable?
>>1464370
I transferred $800 I wasn't using from a scottrade account recently. I set it to maximum risk. They just bought some schwab and vanguard etfs and a few bonds. maybe a few individual stocks. it's up like $25 in 2 months. I would say the biggest benefit of it is the automated tax loss harvesting if you're investing a large sum of money.