This Is How Much My Wealthfront Returns Are After 4 Years

2022 update here! • Maxing Out Roth IRA Co...
My new finance channel is live ‪@ThriftyTony‬
After 4 years with robo-advisor Wealthfront, I earned an impressive 55% time-weighted return on my Roth IRA investment account through automatic investing. The only time I had to lift a finger was at the beginning of 2019 when I maxed out my Roth IRA contributions. Other than that, Wealthfront automatically invested my savings into stocks, bonds, and real estate with a 9 out of 10 risk score.
This video is a walkthrough and review of my Wealthfront investment account showing you how much money I contributed and earned over 4 years as well as each year annualized. With a low fee of just 0.25%, Wealthfront is the investment advisor I trust with for my Roth IRA and emergency fund.
Get your first $5,000 managed free when you open an investment account with Wealthfront - www.wealthfront.com/c/affilia...
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Website: tonyflorida.com
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#wealthfront #roboadvisor #investing

[@millennialsleadtheway5453]

Thanks for the update tony🤙🏾

[@Throp]

Love these vids. I started investing w/Wealthfront the same year as you w/a risk score of 9 as well. Wish I had put in more every moth but upping that slightly this year. Very happy with the results

[@angellistheshit]

Throp how much do they charge you?

[@louisnvrr]

I'd love to see an update given that this was right before covid lockdown.

[@TonyFlorida]

Here you go kzbin.info/www/bejne/nom7hniBfa91bq8. It's a new channel for me, so I would appreciate if you could support me and subscribe :)

[@snowflakeskysky]

love your videos. you seem honest

[@MrALBOROTOSO]

Hi Tony! Thanks for making the content. So, I noticed you had made a video of your Betterment Invenstment account and I was wondering what made you make the change to Wealthfront? Or Are you still investing with Betterment as well?... Also, I know the we had a rough 2018 that perhaps prompted you to change platforms but I'm just curious about the reason behind your change (if you did) as I'm trying to decide between platforms for investing purposes. Thanks in advance!

[@TonyFlorida]

I actually ended up closing my Betterment investment account as part of that video you saw. My decision to move away from Betterment was independent of the market returns in 2018. Basically, I saw slightly higher returns with my Wealthfront portfolio vs Betterment and if I recall correctly, Betterment didn't have real estate (not sure if that's still the case) while Wealthfront does. While this doesn't really justify if one is better than the other, it really comes down to a matter of personal preference. Honestly, the fact that you are investing your money with a low-cost investment advisor in either case is an awesome thing. I commend you for that :)

[@dixondoughty3121]

Can you open a tfsa and a robo portfolio?

[@Heptoras]

Hey Tony, thanks for the video. Have you calculated Wealthfront's robo-investing fees for the four years you have been with them?

[@TonyFlorida]

For every $1,000 that you have invested with Wealthfront, you'll pay a $2.50/year fee

[@SebastianPappG]

Congrats for your results.

[@TonyFlorida]

Thank you! Cheers!

[@rohithnalla30]

Hey Tony, quick question. I am totally new to this Wealthfront and I want to try this. So, the question is there are 4 different types of accounts when we get started let’s say if I go with high interest account or investment account..Can I take my money out(withdrawal to my personal checking account) whenever I want or do they have some rules saying that we can’t withdraw money for a specified time?

[@TonyFlorida]

Depends on the account type. With a high interest account or taxable investment account, you'll be able to pull your money out at any time. If you choose an IRA, there are some rules with this account time for withdrawals.

[@mamadoutherose]

Hi Tony! Thank you for this video! I just started investing w/ Wealthfront a week ago with a risk score of 4.5. In this climate of Coronavirus and everything else, would you recommend keeping my money in the Wealthfront Investment Account?

[@TonyFlorida]

Absolutely keep your money invested. If you're goal with investing is for the long term, then you will see gains years from now when this current market drop is just a blip in the grand scheme of things

[@mamadoutherose]

@@TonyFlorida awesome! would you recommend increasing my risk score? what should be my thought process in thinking about risk score?

[@TonyFlorida]

Hi there, here is an updated video about the performance of my Wealthfront account as of this week (on my other YT channel) kzbin.info/www/bejne/nom7hniBfa91bq8. This should ease your worries about if you should or shouldn't continue to invest. Appreciate it if you could subscribe as I'm trying to get this new finance channel of mine off the ground :)

[@joshuaolsen8844]

How do you access your 401k without penalty? Is it by using the perpetuity option?

[@TonyFlorida]

Hi Joshua. This isn't a 401k account but rather an IRA. My goal with my IRA is not to access it until I retire. There are some stipulations if you want to withdraw before 59 1/2 years old: www.schwab.com/ira/roth-ira/withdrawal-rules

[@jephreyPR]

I downloaded this like 2 days ago, I cant wait to start investing

[@TonyFlorida]

Great choice! I commend you for investing. Your future self will thank you :)

[@bryanmurillo4767]

What I’m wondering is which method will make you/save you more money, human CFP’s or the stock tax harvesting?

[@TonyFlorida]

As a former systematic hedge fund software engineer, my money is on the robo advisor :)

[@bryanmurillo4767]

Thanks!

[@jaguarking4957]

Please do a video on the settings you choose on your account!

[@TonyFlorida]

I will! But it's very easy. The only setting is a 9/10 risk score.

[@TonyFlorida]

Here's an updated video about my Wealthfront account on my new YT channel, please sub :) where I talk more about my risk score setting kzbin.info/www/bejne/nom7hniBfa91bq8

[@fagitup123]

Hi Tony, if I wanted to invest with wealthfront but would like to take my money out after 5 years? What account would be best?

[@TonyFlorida]

Weathfront has a taxable account which will best suit your needs. A taxable account isn't a retirement account, but rather a basic investing account in which your earnings are taxed when you withdraw. Therefore, you can withdraw whenever you want without restrictions. I personally use a taxable account for my emergency fund.

[@fagitup123]

Tony Florida thank you!

[@silviocastell8889]

How did you get real estate in your wealthfront portfolio?

[@TonyFlorida]

What is your risk score? I have a risk score of 9/10. I would suggest changing your risk score to a value closer to this.

[@silviocastell8889]

@@TonyFlorida I have the same score but real estate :(

[@ramennoodle854]

Tony- when you pull these funds are they taxed? And what forms do you need to fill out man

[@TonyFlorida]

Roth IRA funds are not taxed when you withdraw

[@cj_3928]

What accounts you have I have the cash account what other account I need to see that much money in 4years

[@TonyFlorida]

This account was a Roth IRA, but any investment account with Wealthfront with a risk score of 9 would have seen that type of gain in the past 4 years

[@laurapupo4667]

Tony Florida but around how much they took for this profit in 4 years ? Thanks in advance

[@alfredotejeda6135]

Do you know how to switch risk or do you think my 7 is good ?

[@TonyFlorida]

This should help you support.wealthfront.com/hc/en-us/articles/360032689612-How-do-I-change-my-risk-score- I have a risk score of 9 and I am 31, but I wouldn't be able to give you advice on what your score should be

[@alfredotejeda6135]

@@TonyFlorida thank you so much I just get curious and I want to ask questions before you know

[@missdesireindependance5194]

Do you recommend low or medium risk with wealthfront and how often do you rebalance the amount?

[@TonyFlorida]

I can't give financial advice, but I personally have a high risk because I am young

[@sammeya5324]

Some said that for beginners, betterment is a better option for investment than wealthfront. Is that true?

[@TonyFlorida]

Hey again! I see them both as equal in terms of making it easy for beginners to start investing since neither one requires you to know anything about the underlying investments

[@sammeya5324]

@@TonyFlorida Thank you! I will both check them out and see which one to start

[@MelissaGGGG]

Do you know if I am able to get my first $5,000 managed for free, using your link, if I already have a cash account opened with Wealthfront?

[@TonyFlorida]

I have an email out to Wealthfront inquiring about your question. I'll let you know when I find out 😊

[@TonyFlorida]

Hi Melissa. Wealthfront says that you would just need to email them my name and email address to have the referral credit applied to your account. Please reach out to me here and I'll provide you with the information you need tonyflorida.com/contact/

[@MelissaGGGG]

@@TonyFlorida thank you!

[@MelissaGGGG]

I tried reaching out to you using that contact link but I am not sure if it sent successfully (apologies if you received it more than once!)

[@mike4088]

How are you doing after corona? I also chose a 9.0 risk score.

[@TonyFlorida]

Great question. I should make a video update about this. I'm seeing a YTD return of 0.94% and a lifetime return of 48.39%. Here's the breakdown of my YTD stats: - US Stocke 5.5% - Foreign Stocks -3.5% - Emerging Markets -1.0% - Dividend Stocks 4.0% - Real Estate -10.3% - Corporate Bonds 9.0% - Emerging Market Bonds 2.1% This breakdown really proves the importance of diversification. Real estate pretty much tanked but who knew corporate bonds would perform fantastically.

[@mike4088]

@@TonyFlorida Yea, that would be great. Also stress the importance for people to keep investing during volatile times. Some people lose a portion of their portfolio. Get nervous and pull out. Meanwhile the stock market dropping is the best time to buy.

[@TonyFlorida]

Thought you might be interested in my update video (on my new channel for finance topics) kzbin.info/www/bejne/nom7hniBfa91bq8. As you would have expected, things have changed since we last chatted

[@jamalnasir5648]

You underperformed the S&P 500 by a big margin during that timespan

[@TonyFlorida]

Makes sense since this is a diversified portfolio with other asset classes than equities

[@isaiahmarquez542]

Hey Toni im a 18year old student if I were to invest $1000 would you say my money would be somewhat "safe" in that account

[@isaiahmarquez542]

@@TonyFlorida wow thank you so much Tony!

[@mikecru9229]

How should i use the app to invest my college money

[@missdesireindependance5194]

Investments are insured with wealthfront

[@TheOneLane]

I'll be using my $1200 stimulus check to invest in Wealthfront since I won't miss the money. Here's to hoping I'm doing the right thing because I feel nervous.

[@TonyFlorida]

That's a fantastic idea to invest this extra money. Are you gonna open a Roth IRA or just a taxable investment account?

[@TheOneLane]

@@TonyFlorida I'm thinking I'll open up a taxable investment account. Thanks for replying. I didn't know it was possible to open up a taxable investment account.

[@lordvoldemort1985]

you are

[@TonyFlorida]

Hey, did you ever open your Wealthfront account? I bet if you did, you're seeing pretty nice returns. Wanted to share an update video with you since covid about the performance of my Wealthfront account kzbin.info/www/bejne/nom7hniBfa91bq8. Check it out, it's on my new finance channel so would appreciate it if you could help me out by subscribing :)

[@daemondna2867]

Hey, i was wondering how did it go. Im also thinking on using this platform, is it good?

[@Mobile_Gamer707]

How would u file tax for this money that u earn?

[@TonyFlorida]

Wealthfront will send you the appropriate tax documents every year which you should file with your taxes.

[@Mobile_Gamer707]

@@TonyFlorida is that the same for every investing/stocks market company?

[@TonyFlorida]

@@Mobile_Gamer707 I would think so since they are probably legally obligated to do that

[@Mobile_Gamer707]

@@TonyFlorida ok I see thanks!

[@Wanderlust1972]

this seems too good to be true!!!!!!!!!!!!!!!!!! 77% return WTF!!!!!!!!!!!

[@TonyFlorida]

Yeah right? That particular asset class killed it

[@exotik4123]

go for bitcoin you can make 1000% plus returns in a shorter period of time and its completely decentralized

[@BlakeAlexander12]

You put in $27,500, not $26,000...?

[@BlakeAlexander12]

Or no?

[@TonyFlorida]

I put in $26,000 1:22

[@robertjones1886]

$7K gain in four years is not that great. I do my own investing and I am up $12K in eight months. Seems better to stick with what I am doing now.

[@TonyFlorida]

Absolutely! By "doing your own investing" do you mean individual stock picking?

[@robertjones1886]

@@TonyFlorida A combination of individual, index, and ETFs.

[@samhernandez2257]

Dollar gain isn’t an indication of high performance… what was your initial capital? ROI is significantly more important than +/- $ because ROI is relative.

[@058279941]

if you deposited 26,085 dollars and you now have 33,395 dollars, your 4 years gain is 28%. it's not bad, but considering today's markets you underperformed. you can easily make more. had you bought S&P500 4 years ago, your 26,085 dollars will amount to 42,890 dollars. that's around 65%.

[@TonyFlorida]

I agree with you 100%, but after working at a hedge fund I'm a huge believer in diversification. Rather than putting all your eggs in one basket and hoping for the best, a diversified portfolio that's invested in multiple asset classes like Wealthfront is a much safer option for the long term.

[@JohnM0rris]

Both are great to have, but I believe it's best to start with a roth ira. Less risk and it's for baseline retirement. After that I would start to invest in the s and p 500 to build wealth.

[@Greenterror]

📝 👀

[@TonyFlorida]

🙂

[@thade554]

wow, what a bad investment... if you would have done your dd and invest in stocks you would have gotten A LOT more.

[@TonyFlorida]

As a former software engineer for a hedge fund, I was taught to diversify and invest for the long term. That's exactly what Wealthfront allows me to do

[@thade554]

@@TonyFlorida every other broker allows you to do that (ETRADE, Trading212, eToro, Robinhood, Webull etc). You can even find professionals you can copy on eToro and you would make a lot more than you made or make right now. I've verified Wealthfront myself so I'm not talking without any knowledge.

[@TonyFlorida]

@@thade554 I definitely understand that Wealthfront isn't exclusive in this respect. What do you mean you've verified with Wealthfront?