For beginners who get intimidated by investing jargon or too many choices, this is an excellent place to get started.
Your investment choices are extremely limited, so this is NOT a trading platform.
BETTERMENT: The platform makes saving and investing simple and even fun, but this will be "to a fault" for investors who want more options. Your investment choices are extremely limited, so this is NOT a trading platform. For beginners who get intimidated by investing jargon or too many choices, this is an excellent place to get started.
BETTERMENT Investing Platform Review
BETTERMENT Investing Platform is a leader in automated investing with low fees and tax loss harvesting.
Betterment offers no-fee investment management to all investors. Betterment is unique in its ability to manage portfolios with low fees, automatically rebalancing investments to keep a portfolio optimized for your specific needs and tastes.
Betterment tax optimization service also leverages the use of ETFs, mutual funds and other passively managed securities on our platform, helping you minimize taxable gains even further. We’re able to do this simply by managing your assets via automated software – we don’t have any employees or commission agents selling or buying individual stocks or negotiating large trades with brokers for you.
What is Betterment?
Betterment is better for beginners and cash management.
Betterment is a performance-based savings plan that uses compound interest to help you build wealth over time. Betterment automatically transfers money from your checking account, credit card or savings accounts into an investment account where it grows tax-free. You don’t have to do anything and you can even forget about the process if you want.
How Does Betterment Work?
The goal of Betterment is to help you make simple, low-fee investments that can have a big impact on your retirement. With our automated investing services and tools, we’ll do the work for you so you can focus on what matters most – spending time with family and friends or enjoying life more fully after retirement.
Account minimum is $0 for Betterment Digital
There is no minimum account balance required to open a Betterment account. All you need is $100 or more to open an account. You can fund your account with a debit card, and we will automatically transfer the money into your Betterment Account.