Re:Robinhood now valued at $11.2B with new fund backing
by brundolf on Monday August 17, 2020 @05:10PM
(#24192137)
> you can do better by using Robinhood and invest into S&P 500 tracking stock like IVV
That's an interesting idea I hadn't considered. I believe robo-advisers tend to beat the market by a little bit, but I could be wrong on that. I started investing in force at the end of 2016 and the time-weighted, annualized returns on the stock portion of my portfolio are 6.39%. So make of that what you will
> They put a lot of your money into bonds and similar sub-2% investements while in the last 50 years S&P returned 8% on average
Betterment lets you pick your percentage of stocks vs bonds; you can set it to whatever you want and your portfolio gets re-allocated to match. I'm young, so mine's set at 90% stocks. I imagine I'll gradually decrease that over time.
That's an interesting idea I hadn't considered. I believe robo-advisers tend to beat the market by a little bit, but I could be wrong on that. I started investing in force at the end of 2016 and the time-weighted, annualized returns on the stock portion of my portfolio are 6.39%. So make of that what you will
> They put a lot of your money into bonds and similar sub-2% investements while in the last 50 years S&P returned 8% on average
Betterment lets you pick your percentage of stocks vs bonds; you can set it to whatever you want and your portfolio gets re-allocated to match. I'm young, so mine's set at 90% stocks. I imagine I'll gradually decrease that over time.