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A comment on UBS, Wealthfront Cancel $1.4B Deal. Parent comment

Re:UBS, Wealthfront Cancel $1.4B Deal by synu on Saturday September 03, 2022 @05:14AM (#32700121)
Even simpler than that, is there any reason not to go with something like a Vanguard Lifestrategy which implements something quite close to a Bogleheads mix? Asking sincerely as that’s what I’m using now, and it’s just so easy it feels like there must be some unanticipated downside.
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Re:UBS, Wealthfront Cancel $1.4B Deal by readams on Saturday September 03, 2022 @07:31AM (#32700809)
Those funds have higher costs. If you want to do that (and it's a good idea) look at the portfolio allocation and then buy the ETF version of the underlying assets.
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Re:UBS, Wealthfront Cancel $1.4B Deal by bombcar on Saturday September 03, 2022 @08:49AM (#32701366)
This is really the only downside (beyond them being perhaps too conservative - but you can adjust by selecting a different “year”).
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Re:UBS, Wealthfront Cancel $1.4B Deal by benjaminwootton on Saturday September 03, 2022 @05:27AM (#32700177)
I agree. Buy some low cost diversified funds through Vanguard. I cannot understand why the average investor needs anyone else in the loop.
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