Is Passive Investing Right For You?
Investing money is something we all know we should be doing but most of us don’t even know where to start.
I’m going to show you the easiest way to invest your money. Investing is different from picking stocks, you no longer need to be a financial expert to manage a portfolio and grow your money on your own.
Subscribe to this YouTube channel
Bonus: Are the investments you’re making today going to pay off long-term? Click here to find out how you use your money impacts your future.
My Wealthfront Experience
I’ve been using Wealthfront since late 2015. My risk tolerance level is set to 8.5 which is pretty aggressive. In general, my account will advance and decline in the market. If the market isn’t doing great like it did for me early 2016 the portfolio will dip. The good news is you can expect to see long-term growth.
What to Expect
Wealthfront’s methodology includes giving investors a questionnaire to assess risk tolerance, then investing your money in exchange-traded funds in up to 11 asset classes based on your results.
Put simply; they take your money & invest it, and you don’t have to lift a finger.
As sophisticated as that sounds you probably imagine this kind of investing would be expensive.
It isn’t.
Wealthfront costs just .25% per year for management fees. If you use my link below you’ll get your first $5,000 managed for free.
To get started the only thing that is required is a $500 minimum to invest (for free because you used my link) and the results of my risk tolerance quiz.
What Wealthfront has to offer
•Traditional 401(k)’s and Roth
•Automatic rebalancing: a balanced portfolio is one that mitigates risk. You will be better protected against swings in the market
•Tax loss harvesting: if you lose money on a security it is sold so you can offset taxes
•529 College Savings plans for yourself or your kids
Wealthfront is the easiest way I’ve ever invested my money. No research, no picking stocks, no hands-on management at all.
They even have an app where you can manage it all from your phone.