In my Betterment review I talked about how they make investing easy for someone who wants to start investing but doesn’t know where to start. Now they are adding a cool incentive to their program:
Get a $25 account bonus when a user opens up a Betterment account!
In order to qualify for the bonus you need to make an initial deposit of $250 when you open your account.
Investing with Betterment is an easy way to get invested in a broad range of stocks and treasuries with little confusion and no transactions fees (their fee is 0.3% to 0.9% of your overall account based on your overall balance – the average mutual fund is 1.4%).
See, Betterment has TWO options to invest in – One for stocks and one for Treasuries (simple, right?). Your biggest decisions will be how much you want to invest and how much of each investing basket you want. Simple. There’s also advice and support you can look to on their site to see how others in your age range invest and they show you the trade-offs in investing in either of the two funds. And if you have any questions, feel free to give them a call!
For the investor that knows a little bit (or more) and isn’t afraid to get their feet wet investing on their own, Betterment may not be the best place to invest. But the truth is, a LOT of people don’t invest because they don’t know where to start. They just have too many choices and don’t want to make a bad move. If that sounds like you then take a look at Betterment!
Right now you have a great incentive, a $25 account bonus, to open up an account and start investing for your future.