SERIOUSLY SIMPLE INVESTINGTM
Beanstox can help you automate your wealth
KEVIN O'LEARY
BEANSTOX CHAIRMAN
Watch the video of Kevin O'Leary, Beanstox Chairman & Shark Tank Investor.
“We teach young people everything: geography, math, sex education… but we don’t teach them about investing.”
- Kevin on the Steve Harvey Show.
How can Beanstox help me invest?
When you download and sign up for Beanstox, we will ask you a few questions to determine your investment goals and risk tolerance and help us propose a portfolio for your first goal. We’ll do the same for your other goals.
All for just
$5 per month!
Get a diversified portfolio managed by professionals
Create multiple goals under one account – for a vacation, a home down payment, etc.
Set up automatic recurring deposits for your different goals
Automatic rebalancing
What am I Investing in?
Beanstox develops model portfolios designed to address various investment goals and risk tolerance levels. Model portfolios consists of Exchange Traded Funds (ETFs) selected from a universe of ETFs listed on the U.S. public markets and selected by Beanstox to provide appropriate asset classes, securities to represent these asset classes, and allocation within each asset class for identified risk levels.
What’s an Exchange Traded Fund (ETF)?
An ETF is a publicly traded security which can hold a basket of hundreds of individual securities. They are typically tracking an underlying index.
Some of the benefits of ETF’s are:
Intraday Trading
ETF’s can be bought and sold during market hours just like stocks.
Lower Fees
ETF’s generally have lower management fees than other funds such as mutual funds.
Tax Efficiency
ETFs may reduce capital gains tax for investors. Authorized participants may conduct what is referred to as an in-kind transaction. They may redeem shares and receive a basket of stocks representing the portfolio. This is a non-taxable event.
Flexibility
The ETF market, for many ETFs, has grown and matured over the last few decades. Trillions of dollars are now invested in ETFs. The result is a market that is extremely liquid and gives holders the ability to adjust their portfolios quickly.
Diversification
An ETF is essentially a basket comprised of stocks or bonds. This feature allows investors to hold a diversified portfolio by simply purchasing one ticker. One ETF may hold hundreds of securities.
Reduced Risk of Style Drift
The ETFs we invest in follow a passive or active index, usually according to defined rules. Investors can generally be confident that the investment objectives of the ETF are being adhered to.