I Invested $50 Month for 2 Years and Here's What Happened | Summary and Q&A

TL;DR

In this video, the content creator shares their experience and earnings from investing $50 per month in a Betterment investing account over the past two years.

Key Insights

• 🥺 Investing small amounts regularly can lead to significant returns over time.
• 🤱 Betterment's platform offers a user-friendly dashboard and transparent fee structure.
• 🤩 Staying patient and not changing investment amounts or strategy is key to long-term success.
• ❓ Different portfolio strategies are available on Betterment, including socially responsible investing and innovative technology.
• 💯 The content creator used a core portfolio strategy with a mix of 90% stocks and 10% bonds.
• 😫 Automatic contributions can be set up to maximize the potential growth of investments.
• 💪 Betterment's funds often include Vanguard funds, which have a strong reputation.

Transcript

okay a while back here on the channel i did an investing experiment where i put one thousand dollars into an investing account with betterment and i didn't contribute any more money for the entire year the next year i decided to contribute 50 per month and then the next year i decided to do the same thing so how much money have i actually earned in... Read More

Questions & Answers

Q: What was the initial investment amount in the Betterment account?

The content creator invested $1,000 in the Betterment account at the start of the experiment.

Q: How much did the content creator contribute each month to the Betterment account?

The content creator contributed $50 per month to the Betterment account for two years.

Q: Did the content creator experience losses during the experiment?

Yes, the content creator initially experienced losses during the start of the pandemic but eventually saw positive returns.

Q: What were the fees involved in using Betterment?

Betterment has a 0.25% management fee, along with fund fees, which the content creator mentions were transparent and amounted to just $5 for using the platform.

Q: What was the annualized investment return at the end of the two-year period?

The content creator achieved an annualized investment return of 14.6% over the two-year period.

Summary & Key Takeaways

• The content creator conducted an investing experiment by putting $1,000 into a Betterment account and then contributing $50 per month for two years.

• The Betterment dashboard showed the performance of the account, including fluctuations in balance due to market changes and contributions.

• After two years, the content creator earned a return of $630.66, despite experiencing some losses initially during the pandemic.