Schwab's Intelligent Portfolio vs Other Robo investors

[zagguru]

Anyone here use it? I want to have funds automatically withdrawn from my account on a monthly basis and invested. Sort of like set it and forget it strategy. I have been using Betterment for about 2-3 years now. Thinking of setting up an additional account with Schwab now.

Any feedback would be great

[ushdadude]

you don't need a robo investor to automate investments. I have it through vanguard and it goes straight into a targeted retirement fund. I have a betterment account too and it under-performs in comparison

[zagguru]

you don't need a robo investor to automate investments. I have it through vanguard and it goes straight into a targeted retirement fund. I have a betterment account too and it under-performs in comparison

I am not trying to invest for retirement though. You believe all Robo's under-perform and arent worth it?

[ushdadude]

I am not trying to invest for retirement though. You believe all Robo's under-perform and arent worth it?

so pick a different fund that lines up with your goals

I'm not saying that. I'm saying that if your main goal is to automate investments, there are cheaper ways and that IME the robo actually under-performed. But other people may feel differently

[gozalim]

you don't need a robo investor to automate investments. I have it through vanguard and it goes straight into a targeted retirement fund. I have a betterment account too and it under-performs in comparison

are vanguard's funds free in their own account? seem to have a $75 load charge in other banks

[aygart]

Any fund company can auto debit your account monthly and can go into any fund of theirs including index funds

[ushdadude]

are vanguard's funds free in their own account? seem to have a $75 load charge in other banks

They have very very low expense ratio within vanguard for both their mutual funds and ETFs

Some brokerage firms charge to load other brokerages' funds into your account. There can also be a difference in fee depending on whether you pick an ETF or mutual fund