Saturday, December 21, 2019

Fundrise is known for opening the door

Fundrise is known for opening the doors of commercial real estate to ordinary investors. You can also invest in their eREITS through a tax-advantaged IRA. The minimum investment is $1,000. That may seem high compared to a traditional brokerage or robo-advisor, but it’s actually a low threshold for most commercial real estate investment opportunities.

Fees and partner. Fundrise’s IRAs are managed by a company called Millennium Trust Company. You’ll pay $75 a year for each eREIT in which you invest, although the total is capped at $125. On top of that, there’s a 0.15% advisory fee and a 0.85% management fee. 

Cheapest Option for Your IRA: Ally Invest

Cheapest Option for Your IRA: Ally Invest
Ally Invest is an online broker known for providing great value: Ally’s commissions  are among the lowest in the industry at $4.95 per stock or options trade, and customers who either keep a $100,000+ balance or make at least 30 trades per quarter pay just $3.95 per trade.

Ally Invest won’t hold your hand as much as the other full-service brokers, so their IRA account is more for self-directed investors and people looking to save money on trading costs. The savings can really add up over time even if you’re just making a few trades each year.

Best for Long-View Investors: Wealthfront

Best for Long-View Investors: Wealthfront

is one of the largest and fastest-growing online financial advisors in the industry, and that’s partly due to the many benefits it offers. In addition to tax-loss harvesting and automatic portfolio rebalancing, Wealthfront has a single-stock diversification program: Selling Plan, a service that’s unique to Wealthfront. This service helps anyone with public company stock sell his or her shares tax efficiently and commission-free.
Wealthfront charges customers one flat rate of 0.25%, no matter the size of their portfolios. Wealthfront does not let you trade individual stocks, but instead offers low-cost ETFs that give an investor broad diversification and exposure.

Betterment IRA is Best For:

 Betterment IRA is Best For:

  • Knowledgeable investors who want to “set it and forget it.”
  • Those who want to rollover a 401k.
  • Novices who want to learn as they go.
  • Investors who want help formulating retirement goals.

5 Reasons to Open a Betterment Account:

5 Reasons to Open a Betterment Account:

  • Five-minute account set-up.
  • No account minimum, plus no minimum for withdrawals or deposits.
  • Access to the RetireGuide, plus long-term investing tools.
  • Automated tax loss harvesting and portfolio rebalancing.
  • Access to low-cost, liquid ETFs.

Fundrise is known for opening the door

Fundrise is known for opening the doors of commercial real estate to ordinary investors. You can also invest in their eREITS through a tax-...