I put $500 into a Wealthfront Individual Investment account and $500 into an Etrade Core Portfolio investment account at the same time. Let's see which performs better! #weathfront #etrade #FinancialHealth2020
The Etrade account is 99% stocks, based on a moderate high to high risk profile. The Wealthfront account has an internal Risk Score of 10 (most risky), which I imagine is similar to my risk profile at Etrade.
Etrade down to $493 this morning, Wealthfront still in the process of transferring funds. Probably that is good timing, to get it funded when the market is down a bit.
Perfect timing for this experiment😳, both accounts down around 10%, with Wealthfront slightly in the lead, probably due to the fact it was funded a couple days after Etrade.
Etrade at $485, Wealthfront at $509. Wealthfront the clear leader at this point and finally in the black.
#etrade at $505, #wealthfront at $531. Kind of want to transfer my etrade balance over, but would like to see how a year affects the balances. Give each one a fair shake.
You can follow @JamesJKaplan.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: