Betterment 13F Snapshot

I’ve been doing some research and thought I’d share this. Disclaimers… Not investment advice, not necessarily free of errors. Using Morningstar and latest 13F (as of 12/31/14). Benchmarked against S&P 500 (total return)

 Betterment 13F

Robo-Advisors: The Logical Next Step

As a watcher, creator within, and critic of the robo-advising space, I’ve seen the future unfolding firsthand for a long time now. I’ve written about why I think this robot movement is going to be big. I’ve also written about why I don’t think it’s going to work in its current iteration for many of these firms, in the near-term, as well.

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Financial Advisors: Publish or Perish

Financial Advisors…I don’t know if you noticed it but something happened in our industry, particularly, within the financial blogosphere this last year:

  1. I quit blogging (or did I?)
  2. The bloggers who stayed have started becoming big. Like “household name” big

…Like, have a ‘Brand’ big…

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Paint By Numbers: RoboAdvisors

They say art is in the eye of the beholder so I want to get your take on something I painted in my studio today. I think it’s pretty good, way better than the macaroni art I made last week.

The subjects of this picture are three firms using algorithms to manage your portfolio auto-magically, also generally known as RoboAdvisors: Betterment, Wealthfront, and FutureAdvisor.

I’ve got a working title…”The Robots Are Coming To Eat Your Face Off, And Kill You, Or Maybe Probably Not.” This is my second series about RoboAdvisors. Series one was here, in case you missed it. So, let your eyes behold…

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What’s it like to be really rich?

What’s it like to be really rich? Henry James’, Wings of the Dove…

Milly, the last heiress of all ages, is a girl free from all earthly ties, and as pure as Alpine air. She has never thought about the cruelty or sordidness to which money or the absence of money reduces people. On the contrary, her fabulous money seems to purify and mystify her, as if she were a princess into whose court life nothing disagreeable penetrates. But in reality, the girl couldn’t get away from her wealth…She couldn’t dress it away, nor walk it away, nor read it away, nor think it away;…She couldn’t have lost it if she had tried — that was what it was to be really rich. It had to be the thing you were…”