Investing is a critical part of financial health today. If you want to create a better future for you and your family then you need to invest wisely. The upside is that technology has brought more options for investing to individuals than any other time in history. It also had made it easier. We are going to discuss one of these investments platforms. We want to help you in learning more about the Betterment investing platform.
What is Betterment?
You have probably seen the commercials for several online investing platforms. The most widely advertised one is E-trade. Betterment offers much the same features with some very specific differences. They are an automated investment tool. This allows individuals to quickly and easily manage their investments all in one place.
Proven Track Record
Anytime that you consider an investment platform; you want to look at their track record. This provides you an overview with how well they have performed for other investors. You want to find one that has consistently provided great results. Betterment currently boasts over 120,000 active investors. These investors are using this service to manage over $3 billion. That is quite a successful track record.
You don’t just want an automated service that makes it easy to invest but doesn’t provide much help. This service provides you with many tools to help you with your investing. You can put in your current age and the age that you want to retire at. They then will provide suggestions on the best investment strategy to achieve your goals.
High Level of Security
Anytime that you are doing financial transactions online, you want to make sure that every transaction is secured. This website provides more than just a secure connection. They also adhere to all current regulatory standards and industry best practices for safety and security. This makes sure that your personal and financial information won’t wind up in the wrong hands.
Same Platform as Charles Schwab
This company is built off of a proven business model. They are a custodial financial investment company. This is the same type of company setup as Charles Schwab and Fidelity. They not only handle your money themselves and provide a huge amount of oversite but are also subject to the same government regulations as these other firms. This means that you can rest assured that you are dealing with a reputable company.
Protected From Emergencies
You want to know that your investments are protected should the unthinkable happen. Our current world state has shown that things we thought wouldn’t happen can and do. Investments through Betterment are protected under the Securities Investors Protection Corporation. That means each investor is protected up to $500,000 should anything happen with the company. While this is a worst case scenario, it is still a great protection to have.
Technology has made it easier for individual investors. But, you still want to choose an online investment company that offers security, options, is regulated, and has a proven track record. These are all reasons that you should consider using the Betterment System.