How much should I invest on Wealthfront?
We believe you should set aside a “rainy day fund” in cash to cover at least six months of expenses to handle any unforeseen emergencies that might arise in your life and if you are fortunate enough, a discretionary fund to invest in opportunities in which you have high conviction like a particular stock or angel investment. The rest of your money should be invested for the long term in a responsible, diversified strategy of the type offered by Wealthfront. However, we understand if you want to start with less.
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Wealthfront offers a free software-based financial advice engine that delivers automated financial planning tools to help users achieve better outcomes. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC registered investment adviser, and brokerage related products are provided by Wealthfront Brokerage LLC, a member of FINRA/SIPC.
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