Attention!
For those interested in long-term investments, I now wholeheartedly recommend Bitcoin as the primary option to consider.
However, it’s essential to educate yourself about this digital asset before diving in, as it can take time to fully grasp its intricacies and potential.
A fantastic starting point is the book “The Bitcoin Standard” (Amazon), which provides an in-depth look at the history, principles, and technology behind Bitcoin.
Once you’re ready to invest, most major exchanges offer similar fees and services, so choose one that best suits your needs. Personally, I use Crypto.com.
It’s crucial to transfer your Bitcoin to a secure wallet once you’ve made your purchase, as leaving it on an exchange can pose risks.
To truly make the most of your investment in Bitcoin, take the time to study and understand its workings. Your financial journey will benefit from a well-informed approach.
I wish you the best in your endeavors.
Sincerely
Michael J. Peterson
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You are here because
- You want to invest an amount between $5,000 and $50,000.
- You just want to set up your investment goals and let the robo do the work for you.
- You want (dedicated) human support
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Results
We think that Betterment, Schwab Intelligent Portfolios or Ellevest all make for great choices. Our favorite is Schwab, the only downside is that tax loss harvesting will only be available from $50,000 but we think that is negatable as it still seems like a better deal as the management fee doesn’t increase once you hit a certain threshold.
Please review all the details thoroughly and be aware of all the pros and cons when it comes to making your final decision.
If you are still unsure about which robo to go for, the following articles may be of interest: