What do you really want?
What are your actual financial goals?
A post-pandemic dream vacation?
A healthy college fund for the kid?
To reach your goals, youre probably going to need to invest.
Thats because just sticking your cash in a savings account wont do much for you anymore.
These days, youll likely earn practically zero interest on your savings that way.
Now, whats the best way for you to get started investing?
If youre new at this or even if youre not you should look into an investing platform calledBetterment.
No Interest Til Almost 2027?
How does it work?
you’re free to set up auto-deposits to steadily feed your investments.
Dont Miss:
Get Paid $225/Month While Watching Movie Previews
New to investing?
you could start slow, if you want.
A lot of investing apps require you to keep $1,000 in your account at all times.
Plus, this is an affordable way to invest.
Betterment charges an annual management fee of 0.25% of the balance of your investments.
For example, if you invest $1,000, you pay them $2.50 a year to manage it.
Thats a fraction of what traditional investment advisors charge.
How does Betterment do this?
It uses technology to steer your investments.
Their platform is built for long-term investors who want a professionally managed portfolio at a low fee.
Dont know what any of that means?
You dont have to.
This is a set it and forget it strategy, and we mean that in the best possible way.
You get the ball rolling and then let Betterment do its work.
Of course, you’ve got the option to invest for other goals besides just retirement.
And heres where Betterment can shine.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
You better believe he invests.
*Investing involves risk.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
