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ColbyDavis comments on A Guide to Rational Investing - Less Wrong Discussion

27 Post author: ColbyDavis 15 September 2014 02:36AM

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Comment author: ColbyDavis 15 September 2014 08:12:13PM *  4 points [-]

This confuses me a little since the vast majority of the funds they invest in are Vanguard ETFs. Maybe you mean >something more specific that I'm missing?

Haha, ok. So you can just go buy a Vanguard target-date retirement fund and let the fund's internal structure take care of the asset allocation for you, or you can go talk to somebody at Vanguard who will either give you some straightforward advice about how to build your own portfolio for a one-time fee or build your portfolio for you for an ongoing fee, or go to Betterment where they will build you a portfolio out of Vanguard funds, or you can build it yourself using some of the insights you gleaned from this article. All of these are reasonable solutions.

Comment author: blashimov 27 January 2015 08:02:39PM 1 point [-]

So what I'm getting is that if I already am investing in Vanguard, and being reasonable, the added value of betterment if any isn't worth my time? This is what I was trying to figure out today.