also, free startup idea: 401k administrator that offers index funds with 10 basis point fees. enough high-fee low-performing mutual funds.

Apr 10, 2014 · 11:01 PM UTC

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Replying to @sama
@sama Employee Fiduciary does this employeefiduciary.com
Replying to @sama
@sama yes please
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Replying to @sama
@sama wealthfront !
Replying to @sama
@sama we kind of applied with this idea to YC S14 already. though we added some bells and whistles)
Replying to @sama
@sama sounds like a job for @wealthfront
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Replying to @sama
@sama and low entry costs.. sucks having to get 5 to 15k+ to get into nice low fee index funds for beginning investors.
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Replying to @Betterment
@Betterment well this looks cool, i can invest in VTI and do a "drip" 100/month without having to save up 5k or 15k to buy direct from vg?
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Replying to @sama
@sama I use @Betterment for this betterment.com/401k-and-ira-… $13/mo fir $100k balance and invests 401k in index funds
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Replying to @sama
@sama how about just using Vanguard?
Replying to @sama
@sama Index funds? Dividend returned or reinvested?
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