A California native transplanted in southern Illinois.Have you heard about Betterment? It is a newish company, they offer taxable investment accounts with very low minimums. They have two investment funds, both made of ETFs, one is treasury bonds and the other is stocks. You choose your allocation between the funds in increments of 10%, anywhere from 100% stocks / 0% bonds to 0% stocks / 100% bonds. The minimum to open an account is $10. There are no fees other than the underlying fund expense ratio of .9%.
InBox Dollars has an offer for Betterment. InBox Dollars will pay you $1 to open an account, Betterment will pay you a bonus of $20 to open an account. Yesterday, I opened an account with $10.
I don't have any specific plans for the account at this moment, I just wanted my free $21. I think I will just keep the account open awhile and think about it.
Opened a Betterment Account
June 5th, 2011 at 05:34 pm