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804 Review
74 Karma

Review on Betterment by Jonathan Bennett

Revainrating 4 out of 5

Great hybrid investment account for long term goals

I like that you are investing in more than just index funds; it's nice being able see your asset allocation changing over time as well! There should be ways of getting better insights into our portfolio without actually having access at any given moment (ease/convenience). That said - not too much has changed since my last post so perhaps they have made things easier? It used feel cumbersome back then but maybe now its less confusing or even self service if thats what we need haha good luck with this one!! Investing through their platform only recently came out here where i live which was great because before there wasn't anything local available yet :).

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Pros
  • Easy to use, user friendly
  • Can create an account very quickly.
  • The ability for instant deposits is really cool when working from home :)
Cons
  • No options around tax implications
  • Not clear how assets get reallocated
  • This probably does come down mostly due do lack information about taxes though