Money and Finance Because you have to save money to spend it on new paintball stuff!

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Old 02-12-2017, 12:50 AM   #1 (permalink)
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Deus Machina's Avatar
Join Date: May 2006
Location: Brandon, Florida

Anyone's experiences with the 'robo investors'?

Got around to filing my taxes. Not enough to do anything really fun or erase my debts, not little enough to blow without guilt.
So I'm adulting a little and going to invest it in one of the new services, rather than the low return of a basic savings account.

So it comes down to which service. Acorns, Clink, Betterment, Wealthfront...
I don't have, or make, enough to put big chunks away to sit on. The current goal is a higher return for relatively short-term savings. I intend to keep things in them, but this isn't with retirement in mind yet; those funds will be, for now, separate.

So anyone have an recommendations, or use multiple ones they can compare?
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Last edited by Deus Machina; 02-12-2017 at 01:45 AM.
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Old 02-15-2017, 02:22 PM   #2 (permalink)
Bad Juju
Join Date: Nov 2011
Location: Wichita, KS

I've been using Betterment for a little more than a year to invest some extra money. It has been pretty painless to move money in and out (I set up something fully liquid for this reason), and they don't send too many emails, which is nice. Usually just one telling me my auto-deduct is about to happen, and one whenever they reinvest dividends for me.

When you start out they'll ask you some questions to get a picture of you, and what your goals are, and then they'll make suggestions for how you might want to invest.

I don't have experience with the others, but I haven't found anything with Betterment that would keep me from recommending it.
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