Where to invest other than Wealthfront?
Feb 14, 2019
14 Comments
I’m a Recent Grad and was advised to drop some money in Wealthfront and don’t think about it. So I dropped $30k of my signing bonus last year and I came back exactly a year after and it’s down like 2%. This might not be much to some of y’all but I’m not optimistic about this silly app over the next year. Not only am I losing money due to the losses but also due to inflation.
Where else can I invest my money? I’ve already maxed 401k, Roth IRA for last year and already invest in individual stocks.
comments
You should always dollar cost average if you’re sensitive. The stock market hasn’t been great since Septemberish, but if your investment horizon is more than 3-5 years you should absolutely leave the money in stocks. Imo it’s not unreasonable to follow the same advice for shorter horizons in the current climate (stocks are still down from their highs)