Hey PH!
We launched the first version of Penny on PH over a year ago and were blown away by the feedback and encouragement. In fact, that launch was the deciding factor in us choosing to turn Penny into an actual business. We’re pumped to be back, this time with version 2.0!
Quick refresher: We’re building an easy way for people to keep track of their fina…See more
@dontmitch Congrats on launching 2.0! As one of the new features, how does Penny encourage investing extra money? Does it favor a specific institution, investing style, or just general good sense?
@slowlight We try to tailor it to the person. If you're just getting started, Penny might recommend a service like Acorns which slowly trickles money into an index fund. If you already have some money you want to invest, something like Vanguard, Wealthfront or Betterment might be a good fit. If there's a unifying strategy, it's a diversified portfolio with l…See more