Worry free Investment at WealthFront
I am not good at investing in stocks. I was trying to see what is the best option for me to invest without the need for detailed research. I recently came across WealthFront. It is like a broker that manages your finances for you for a minimal free, much less than the normal fee charged by most people and services. For those who joined and funded before April 1, 2018, the first $10,000 is managed for free and very nominal fee above that. Also you don't have to pay for commissions and transactions on the trade placed on your behalf. The money gets invested automatically in stocks, bonds, mutual funds. It is diversified in many respects including geographic diversification. The type of investments depends on the risk level you choose. You can either answer a few questions to define the risk factor or set the value in the risk meter thats in the range of 1 to 10, 10 being highly risk tolerant. With 10, you are asking WealthFront to invest aggressively and 1 being very safe. The profi...