Betterment Invest & Save Money

Betterment Invest & Save Money Software


Company Name:

About: Better.com is a home ownership company that provides direct mortgage loans.
Headquarters: New York, New York, United States.

 
  2024-01-04

Betterment Invest Save Money Overview


What is Betterment Invest Save Money?

Betterment is an investing app that offers a personalized experience to fit the needs of both novice and experienced investors. With a low annual fee of 0.25%, users can invest in expert-built portfolios of global companies with a minimum deposit of $10. The app also offers automated trading tools, tax-saving automation, and personalized financial planning to help users achieve their savings goals. Betterment also provides additional features such as Checking, Cash Reserve, and retirement savings options.



Features


- Personalized investing experience

- Expert-built portfolios of global companies

- Low annual fee of 0.25%

- Automated trading tools

- Tax-saving automation

- No minimum balance

- Financial advice that puts your best interest first

- Investment tools built for all levels of experience

- Customize your stock-and-bond risk level

- Invest in socially responsible options

- Checking account and Betterment Visa Debit Card provided by nbkc bank

- Cash Reserve to earn interest on cash

- Retirement savings options including IRA and 401(k) plans

- Financial advisor upgrade for more personal service from an expert.



Official Screenshots


         


Product Details and Description of



Invest better with Betterment. Investing apps are a dime a dozen, right? So, you might be wondering why you should download this investing app. It’s simple: Betterment is built to make investing easy, with a personalized experience that fits your needs whether you’re an investor-in-training or a stock market guru. Invest your money for the things you want most, so you can live better. Join the 700,000+ people who entrust us with over $32 billion. See important disclosures in the final image above. Investments made easy, because you’ve got a lot going on - Sign up in 3 minutes - Invest in expert-built portfolios of global companies - Start investing with a $10 min deposit - No minimum balance - One low, annual fee of 0.25% Save more money because duh - Automated trading tools - Tax saving automation - Investments are safe and secure - Connect outside accounts to see your big picture - Financial advice that puts your best interest first Personalized financial planning, because we like you just the way you are - Investing designed for your personal savings goals - Investment tools built for all levels of experience - Customize your stock-and-bond risk level - Invest in our socially responsible options - Financial advisor - Upgrade for more personal service from an expert Get more with Betterment - Manage money for everyday spending with Checking - Rewards on 1000s of brands with the Betterment Visa® Debit Card1 - Save money and earn interest on your cash with Cash Reserve - Retirement saving with an IRA (Roth, Traditional) - Retirement planning with a 401(k) plan for your business The proof is in the numbers (we like those around here) - 7000,000+ clients - $32 billion managed See what we’re all about: - Instagram: @Betterment - Twitter: @Betterment About us: Welcome to the Betterment app! If you’re interested in saving and investing, you’re in the right place. We’re more than just a delightful investing experience with a hopeful name. Here’s why we think our saving and investing app is so much better. As an independent digital investment advisor and fiduciary, Betterment’s mission is to help you do what’s best for your money so you can live better. Getting started takes minutes, there’s no minimum balance. You can save for specific goals or keep it general. Then you’ll invest in an expert-built stock-and-bond ETF portfolio. Once you set up your investment goals, you can trust us to handle the details. Or, if you prefer a more hands-on approach, you can customize your portfolio, select your own ETFs, and more. And, as your financial advisor, we’ll give you guidance on how to make smart decisions to work toward achieving your financial savings goals along the way: - We recommend how to invest your money and fund your savings goals over time. - If you’re ever behind on your saving, we provide helpful nudges to get you back on track. We also provide features that can help you save money on taxes, so you can keep more of your hard-earned money. You can also make an impact with your investment portfolio. Our Socially Responsible Investing ESG portfolio options (Broad Impact, Social Impact, and Climate Impact) enable you to invest in stock-and-bond ETFs that support minority empowerment and gender diversity, lower carbon emissions, and the funding of green projects. Keep track of your financial life across your short and long-term savings goals with one easy-to-use app. Start investing with Betterment today, for a better tomorrow. --- Checking accounts and the Betterment Visa Debit Card provided and issued by nbkc bank, Member FDIC. Checking made available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any of their affiliates, is a bank. Betterment Financial LLC reimburses ATM fees and the Visa® 1% foreign transaction fee worldwide, everywhere Visa is accepted. Higher bond allocations in your portfolio decreases the percentage attributable to socially responsible ETFs.




Top Reviews

By Ursokj

Great Product

Betterment makes it easy to save for retirement or any other goal. The individual goals you can create are really nice to see how much you have saved towards each one instead of just having one large pot of money. The iOS app is super simple to use and makes depositing money or seeing performance easy. I have not had an account long enough to really compare the returns to other investments. They recently added a much simpler view to see your annualized returns vs benchmarks on the website which should make comparisons easier moving forward. With Betterment you are using their robo advisor so don’t expect to pick your own funds. I believe that Betterment leans a little heavier on foreign fund than other similar robo advisors. But that doesn’t really matter as you set your stock/bond percentage that matches your desired risk level and Betterment does the rest. Betterment posts many helpful/interesting articles, but do take everything with a little grain of salt as many things are geared towards why they are right or how you can’t compare directly to other benchmarks. All in all I have loved this investing/savings tool. I have seen good returns and low fees. The app and web interface are clean and easy to use. Recommend for anyone looking to start investing/saving. If you are a more hands on investor, Betterment might not be for you, and you might want to look else where.

By hotcrossfitdad

Great for New Investors or Those with Little Time

If I had the time, or the money, I would love to do all the trading myself. However, i simply don’t have the time. With the extremely low account management fees and the simple portfolio selection process, I’ve been able to place small weekly sums of money into my betterment account and I haven’t had to worry about investing it myself. This has definitely made saving/planning much easier and convenient and I am excited about the future. I’d definitely recommend this to any young individual (high school or college especially) who wants to start saving for retirement but hasn’t yet because they don’t have the time. It took 20 minutes to set up and the application is extremely user friendly.

By Jimmy Mysic

WHY DO YOU KEEP CHANGING THE UI

Why in the world would you take away the different time views of the graph reflecting the performance of your investments..???? Why do you guys constantly feel the need to change the design of this app for the worse? It was at it’s most user-friendly/ most informative 3 years ago. It just keeps having features stripped away and it’s abysmal. More than market crashes or anything else, THIS has made me want to switch investment platforms more than anything else. EDIT(in response to the dev response): Why would you not at least make mention of this ‘slow transition of changes’ in the patch notes and save yourself from all the angry poor ratings? Great explanation, but it could have come a lot sooner.





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