2018-03-26

Betterment betterment

If you are an American, have some of your savings in robot investments with Betterment, and don't want that money to work in support of, say, military weapons, civilian firearms, alcohol, or tobacco, here is how you make it no longer so:
  1. Grab a computer (at least the iOS app doesn't seem to expose these settings)
  2. Log on to betterment.com
  3. Go to the Portfolio → Betterment Portfolios page:
  4. For each of your portfolios, walk them through these steps to change your allocation to the Socially Responsible Investing strategy:
    1. Click the Edit Portfolio link:
    2. Click the Betterment SRI → "Review Strategy" button, which will walk you through next steps to eventually change to that investment strategy. (If there isn't a blue button next to it, but is for each of the other strategies available, you're already done – good work!)
    3. Scroll through the page and click "Review and refine" at the bottom:
    4. Same thing, and click "Continue":
    5. Clicking "Finish Setup" changes this portfolio's allocation:
    6. This confirms the money in your portfolio no longer helps killing people – keep going until you run out of portfolios:
If you don't use Betterment for any investments, but would want to, grab somebody's referral link to treat yourself to the first ninety days' of it free of charge. It's a pretty convenient, high-yield way of growing your savings for little to no effort. And don't forget the guide above, as it probably defaults to investing in everything, indiscriminately.