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by aphextron 3368 days ago
I tried out these services, and it just freaks me out too much having $50,000 sitting in an iPhone app. I get that they are insured and legit, but it's just too much money for me to hand over to a startup.
2 comments

Every single one of my brokerage accounts and banking accounts has an iPhone app. You probably know this, but the money doesn't actually "[sit] in the app", whatever that would mean. It is invested in stocks, bonds, mutual funds, etc -- the app simply gives you a view into where it all is and the current value. :)
Don't you have a broker, or a 401k?
Yes, I have Vanguard but decided to give Betterment a try when they first launched.
I think twblalock is trying to say there's an app for that: Vanguard by The Vanguard Group, Inc. https://appsto.re/us/HKO-t.i