I must admit, prior to learning about Betterment, I was a champion Certificate-of-Deposit-saver. Back then (i.e. 3 months ago!), CDs were an easy way to “invest” my money. Now, I can’t wait for these CDs to be up so that I can put that money in my Betterment account!
Still intrigued by the email, I clicked through to learn more. The fine print:
- Minimum Balance to Open: $10,000
- Annual Percentage Yield: 0.25%
So, if I put $10,000 into a Breakable Certificate of Deposit, I would see a return of $25 for 1 year. That doesn’t really sound like my money is “working” very hard for me.
Seems like this “Breakable” Certificate of Deposit is … Broken!
Optimizing Performance in Lower Risk Betterment Portfolios
In this methodology, we provide insight into how we optimize the performance of the lower risk bonds in Betterment's portfolios, including Smart Saver.
Jon Stein on “How I Built This:” Reflecting on Our Story
Jon Stein joins NPR’s Guy Raz for an episode of “How I Built This” to look back at how Betterment started, what mistakes were made, and how they turned into learnings for the robo-advisor we are today.
Redesigning How You Manage Your Finances at Betterment
Our new design represents a synthesis of a large body of customer feedback. We hope it meets your expectations.
Explore your first goal
This is a great place to start—an emergency fund for life's unplanned hiccups. A safety net is a conservative portfolio.
Whether it's a long way off or just around the corner, we'll help you save for the retirement you deserve.
If you want to invest and build wealth over time, then this is the goal for you. This is an excellent goal type for unknown future needs or money you plan to pass to future generations.
How would you like to get started?
Your first step toward a smarter investing future starts here.
Create a Betterment account
Go ahead and join the smart, modern way to invest.
See what we can do for you
Tell us a bit about yourself, and we'll show you the benefits of investing with us.
Get a free investing checkup
Help us get a sense of your investing approach and see how you could improve.
Transfer a 401(k) or an IRA
Move an existing retirement account into a Betterment IRA.
Download the mobile app
Enjoy the Betterment experience anywhere on the go.