UBS Acquires Wealthfront for $1.4B

Re:UBS Acquires Wealthfront for $1.4B by zefhous on Wednesday January 26, 2022 @01:15PM (#30089380)

I mean that’s literally where the money ends up anyway. I have a small amount in Wealthfront to check it out. With my “10/10” risk allocation, my money is all in vanguard funds.

    45% VTI
    20% VEA
    19% VWO
    14% VIG
    2%  VETB

They do also offer some services such as “tax loss harvesting” that you can’t really do on your own, but I don’t really know if it’s worth their fee.

Really, I think one of the best investing strategies is to buy and hold a variety of Vanguard funds and stop thinking about it.

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Re:UBS Acquires Wealthfront for $1.4B by lotsofpulp on Wednesday January 26, 2022 @01:18PM (#30089433)

You do not even have to hold a variety of Vanguard funds, just figure out the year you aim to retire in and buy the target date retirement fund.

https://investor.vanguard.com/investment-products/mutual-fun...

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Re:UBS Acquires Wealthfront for $1.4B by Graphguy on Wednesday January 26, 2022 @02:27PM (#30090451)

Target Retirement Funds sometimes hold non-ideal amount of cash. Also, make sure you are holding these in a tax-advantaged account https://401kspecialistmag.com/target-date-fund-providers-inv....

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Re:UBS Acquires Wealthfront for $1.4B by throwawaysea on Thursday January 27, 2022 @03:02AM (#30097601)

I don’t quite understand the issue. Is there an ELI5 explanation?

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Re:UBS Acquires Wealthfront for $1.4B by brokensegue on Wednesday January 26, 2022 @01:24PM (#30089533)

this is a fine approach. but you can beat it because of tax/fee reasons

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Re:UBS Acquires Wealthfront for $1.4B by pinkfairy on Wednesday January 26, 2022 @03:43PM (#30091490)

you can easily do tax loss harvesting on your own

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