KaChing’s Investment Amateurs
On Monday, KaChing, an investment management site, introduced its new business model. KaChing will allow investors to link their investment portfolios to the recommendations of…
On Monday, KaChing, an investment management site, introduced its new business model. KaChing will allow investors to link their investment portfolios to the recommendations of professional and amateur investment advisors. Those advisors will charge fees up to 3% of assets, and KaChing will take a 25% cut of the fees. It’s an interesting model, one that is sure to appeal to some investors. Claire Cain Miller has the scoop in the New York Times. We congratulate KaChing on their launch.
Both Betterment and KaChing are attempts to make investing more transparent and simple, but Betterment pushes further on simplicity. We help investors focus on the single best portfolio, rather than giving them more portfolios to chose from. We believe (as do most experts) that the total market portfolio is best, rather more risky niche investment strategies. KaChing is a good new choice for those who value greater choice, more data, and more risk. Betterment is better for long-term investors who want something simple and smart.
Should I Speak With A Financial Advisor?
As a robo-advisor, we give you automated advice that’s accessible through our website and mobile app. We also have a team of CERTIFIED FINANCIAL PLANNER® professionals who can help answer your burning financial questions.
Is Betterment Worth It? Estimating the Added Value of a Robo-Advisor
Based on our estimation, using Betterment’s retirement recommendations could earn you 38.8% more after-tax money in retirement compared to investing on your own.
Do More With Our Redesigned Mobile App
Manage your financial life with our completely redesigned mobile app. We took feedback from customers like you and turned our app into a hub for your financial life.
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.