Test Accounts Week 10

Week 10 had up and down days, but the S&P 500 index finished nicely, up 2.7%. As usual, the two robo advisors finished up by a smaller amount. Their bond components damp down the swings. Betterment was up 2.1% and Wealthfront was up 2.0%.

Folio Investing gained 3.5%, but this was more of a reflection of comparing it to the 3.4% drop the week before. You may recall that the $290 annual trading fee came out the week before causing this drop.

Meanwhile Lending Club keeps marching along gaining another 0.2%. This kind of reminds me of the tortoise and the hare saga.

W/E	S&P 500	BTRMNT	WLTFRNT	FOLIO	LND CLB
16-Jan	-1.2%	0.0%	0.4%	-0.2%	0.0%
23-Jan	1.6%	1.1%	0.7%	2.0%	0.0%
30-Jan	-2.8%	-1.5%	-0.9%	-2.0%	0.0%
6-Feb	3.0%	1.0%	1.0%	0.9%	0.0%
14-Feb	2.0%	1.0%	0.8%	1.8%	0.0%
21-Feb	0.6%	0.6%	0.4%	0.5%	0.0%
28-Feb	-0.3%	0.2%	0.2%	0.3%	0.7%
6-Mar	-1.6%	-1.6%	-1.8%	-0.9%	0.3%
13-Mar	-0.9%	-0.1%	-0.3%	-3.4%	0.2%
20-Mar	2.7%	2.1%	2.0%	3.5%	0.2%

I’ve spent a lot of time looking at the Schwab Intelligent Portfolios operations. I’m working on a couple of posts about this. I’ll let you know via Twitter @billlanke when these posts are made.