kahunaburger

Early in June, I signed up for an account at Betterment after reading about their recent launch. Betterment is one of the new breed of online investment tools. Your money is spread between a pool of stocks and treasury bonds and you decide what percentage is going towards one or the other. When stocks don’t do well, then bonds usually do and vice versa. You can change the percentage allocation at any time without incurring extra cost.

My initial $500 test deposit didn’t do too well, but now it seems that things have turned around. I did not change the allocation since I first set it at around 60% for stocks and 40% towards bonds.

Betterment has some neat tools that allow you to graph your money in a lot of different ways and play through “what if” scenarios, where you can see what different allocations would have yielded.

Just yesterday I received a “refer a friend” email from them and if you are planning to sign up for an account, get in touch with me and I may be able to get you a $25 credit for a new account with a minimum deposit of $500.