Wealthfront is one of the leading robo advisers that use modern technology to automatically balance your portfolio and risk exposure without the emotional input for human financial advisors.
- 2.24% High Yield Cash Account
- Low 0.25% APY fees on inde funds
- Portfolio Line of Credit for accounts with $25,000+
I Love the 2.24% APY Cash Account
One of the major benefits of having a Wealthfront account are the high yield 2.24% APY cash account that pays 20x as much as a traditional savings account along with the robo managed investment allocation services.
I signed up for the Wealthfront Cash account and it only took 5 minutes to setup. You will receive two small deposits into your linked checking accounts to confirm everything. Once you confirm these deposits, you can transfer funds from your checking into your cash account easily.
Invest in Low Cost Index Funds
While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.