Hi Friendos, Last week I claimed that “nobody advertises boring” when it comes to personal finance. This week I want to talk about something that is advertised: overly complicated investment portfolios. I’m going to pick on Wealthfront because it has such a pretty website, but it’s just one example among many. First, Wealthfront wants you […]
Tag: robo-advisor
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The Boring Newsletter, 11/5/2023
Hi Friendos, I recently saw a couple ads for investment firms that reminded me: Nobody Advertises Boring. Here is one example: Wealthfront says: “How should you invest your money? Whether you’ve got millions or are just starting out, Wealthfront is the best way.” I say: hmm, investing into a regular brokerage account is “best”…maybe, maybe […]