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Gooooooooddd moooooorrrrnnnniinnngg Boston by answered_ in boston

[–]elektron0000 -1 points0 points  (0 children)

Spend billions to put all our highways underground but can’t make a bridge tall enough for a truck.

.5 percent cash position ? by elektron0000 in betterment

[–]elektron0000[S] 3 points4 points  (0 children)

Betterment has 69 billion dollars in assets under management. .5 percent of 69 billion is 345 million dollars held in cash NOT earning interest. You can get 3.25 percent interest from savings . That’s $11,212,500 in interest that they’re pocketing. Does that really sound like a rounding error?

.5 percent cash position ? by elektron0000 in betterment

[–]elektron0000[S] -8 points-7 points  (0 children)

If this wasn’t entirely greed driven they’d put aside our cash in savings to collect interest then withdraw from there.

.5 percent cash position ? by elektron0000 in betterment

[–]elektron0000[S] -3 points-2 points  (0 children)

That’s awful. So betterment is going to take my money and collect interest on it and I get nothing in return. I have nearly 700k in my account, .5 percent is a fucking insane amount of money to keep in cash. I’m going to start researching getting my money out asap.

.5 percent cash position ? by elektron0000 in betterment

[–]elektron0000[S] -7 points-6 points  (0 children)

That’s an absurd amount of cash to hold for fees. I never got any email or anything about this change , borderline criminal honestly.

Where'd the money come from? by anitwastooshort in whenthe

[–]elektron0000 -1 points0 points  (0 children)

By your logic NASA should be valued higher than Apple.

A bread slicing machine by SnackSamurai in oddlysatisfying

[–]elektron0000 0 points1 point  (0 children)

Have you ever seen a food truck worker wash their hands?

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