Grow Dough Challenge: March Update

TL;DR

Debt-free Millennial Justine showcases her Betterment investment, earning $129.40 in 90 days with a 12.4% return.

Transcript

q1 is finally in the books and in this video I'm going to be showing you exactly how my investment with betterment has performed as part of the Gerudo challenge with wealth hacker Jeff rose hey what's up it's Justine with debt-free Millennials the channel are all things millennial money and debt-free living if you want to learn how to live a debt-f... Read More

Key Insights

• 🥳 Betterment investment yielded $129.40 with a 12.4% return in 90 days.
• 🎚️ Drift feature in Betterment assists in maintaining the intended risk level in portfolios.
• ❓ Justine's portfolio comprises 91% stocks and 9% bonds, aligning with her aggressive investment strategy.
• 😘 Betterment's low fund fees and access to Vanguard funds make investing convenient and cost-effective.
• ↩️ Automated portfolio adjustments in Betterment ensure optimal returns without constant monitoring.
• 🤗 Justine emphasizes the simplicity and effectiveness of using Betterment for hands-off investing.
• 🥶 Affiliate link offers 90 days managed free for new Betterment users, enhancing investment opportunities.

Questions & Answers

Q: How has Justine's $1,000 investment with Betterment performed in the last 90 days?

Justine's investment has earned $129.40 with a cumulative return of 12.4% in the last 90 days, showcasing the effectiveness of Betterment's automated portfolio adjustments.

Q: What is the drift feature in Betterment and how does it benefit Justine's portfolio?

The drift feature in Betterment helps keep Justine's portfolio at the intended risk level by automatically rebalancing her assets based on market fluctuations, ensuring her portfolio aligns with her aggressive strategy.

Q: How does Justine's portfolio composition look like in Betterment?

Justine's portfolio in Betterment consists of 91% stocks and 9% bonds, reflecting her preference for a more aggressive investment strategy to capitalize on market upswings and downturns.

Q: What are the advantages of using Betterment for investing, according to Justine?

Justine highlights Betterment's low fund fees, ease of investing in Vanguard funds, and the platform's automated portfolio adjustments as key advantages that make investing hassle-free and cost-effective.

Summary & Key Takeaways

• Justine shares her $1,000 investment with Betterment as part of the Gerudo challenge.

• Her portfolio has earned $129.40 with a 12.4% return in just 90 days.

• Justine explains the drift feature in Betterment that keeps her portfolio at the intended risk level.