At Betterment, we’re constantly sharing content around the office — now we share it with you in a list of weekend reading. If you found an article insightful, helpful, or interesting during the week, let us know on Twitter or Facebook. You may find your name on the Betterment blog.
From around the web:
One Answer to the Index Fund: Build a Better Index (New York Times)
We love index funds, so this piece caught our attention. It starts with a brief history of indexing and where some fund managers are taking the concept. Jack Bogle, however, is sticking with his original idea, especially the part about keeping costs low.
Revolving credit, which the government first started tracking in 1968, is melting away. This data-rich story about credit cards provides information regarding the CARD Act, which according to a recent study is saving American consumers an estimated $20.8 billion per year.
Secrets of the 401(k) millionaires (Market Watch)
How are people killing it in their retirement accounts? Saving early, saving enough, and not pulling out of the markets. These, and other not-so-secret tips for being a successful investor.
How to Fire Your Financial Adviser (Wall Street Journal)
This piece was published a couple months ago, but worth the inclusion. If you’re breaking up with your financial adviser, there are some things you need to cross off your list first (like making sure you’re not writing a big check to the IRS).
Don’t miss these on the Betterment blog:
Betterment philosophy synthesizes the lifelong work of two recent Nobel laureates.
Our new banking hours will provide increased cash-flow flexibility and access to your assets.
Have a great weekend and happy reading!
Betterment’s Approach to Financial Advice: An Overview
Achieving your financial goals is only possible if you plan effectively. Saving enough, choosing the right accounts, deciding when you can buy a house or when to retire—all of these are essential decisions even before you build an optimal portfolio.
The Senate Is Planning a Tax Hike on Retail Investors. It Should Be Removed.
The Senate’s current tax bill includes a mandate that would be punitive for everyday investors. Without a doubt, the FIFO mandate should be removed from consideration.
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.
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