Nutmeg is a new online investment tool based in the UK that is injecting spice into the retail investment market and makes managing your investment portfolio as easy as pie.
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I too was excited about trying out Nutmeg and seeing how their system works, but I am also in the US and am now waiting until this fall to see how everything works. I suspect it is going to go well, but I won't know for sure until I get to try it out.
The good news is that I really like their algorithim that makes life so much easier for you that Nutmeg seems to offer. The bad news is that I'm a US resident and they currently aren't available to anyone outside of the UK. Their website says I have to wait until this Autumn (2015), so I'm waiting impatiently!
As some have mentioned, this is a little sci fi for me, too, but I have to say that their algorithim actually works! At least for me. I put in my particulars, including investment risk, and they spewed out the perfect mix for me. I'm interested to see how things continue to play out.
Like some others have mentioned here, I was a little worried about putting my money into the hands/gears of a machine, but I've found the computerized help I've gotten from Nutmeg to be much more efficient than the human help from my broker. I'm seeing a good return on my investment.
Using Nutmeg, I'm saving a ton of money compared to working with my investment advisor. I'm not telling him,but not paying those high fees is heavenly. This company was started to open investing up to us little folks, and I think they're doing a great job of it.
I was a little leery at first about working with what is essentially an automated system for investing, but once I got the hang of it I'm hooked and don't want to go back to traditional investing! Nutmeg knows what they're doing in terms of their advice. My investments are doing amazing!
I've invested with other investment houses, and I have to say that I really don't like the research aspect of investing. So when I heard about Nutmeg, I knew that I had found the solution to my investing dilemma. I have been really pleased with what their algorithim has come up with.
I'm not a seasoned investor who understands all of the nuances involved in successful investing--and I know that. That's why I was thrilled to find Nutmeg. They walk you through the process and explain things so well that I am becoming more and more seasoned everyday.
Nice transparent process here that makes so much sense. I am always glad when a company comes up with products that benefit everyone--from large and small investors--and I have to say that Nutmeg does just that. I will be investing a lot more with them.
Wow, never thought I'd be taking the advice of a robot computer when it comes to my life savings, but I have to say that Nutmeg knows what its talking about. My investments are doing terrific and it's all up to the advice I got from a machine.
This is the way to invest! You select your risk profile and then are led to the absolute best investments for your situation. It's pretty no brainer and really easy to use the system. I'm thrilled that I found them and glad to see that my investments are doing well so far.
I'm all for automation and letting computers figure things out for me, so that I can do the things I really like to do. So when I heard about Nutmeg, I was pretty stoked about trying it out. Well, I did find that it is critical that you make sure and put the right info in first. If you do that, their system will provide you with great investment options for you.
Love this place. All I had to do was tell them about my financial situation in terms of how much I have to invest and a time frame. They did all of the rest for me! I just sat back and waited for them to compute the best actions for me to take regarding my money.
Nutmeg opens the world of automated investment companies to the UK and the rest of the world. Non-US residents cannot invest in SigFig, Wealthfront, Betterment and most of the other robo-investment companies. However, Nutmeg is not just a British clone of those companies. It actually manages to provide additional value by including more hands-on involvement by professional investment managers for a similar price.
Really like the transparency and ease of using Nutmeg. They are also really inexpensive when you're talking less than 1 percent and no more than that. You put in what you want to get out and your risk tolerance and their computer tells you which way to go. Couldn't really be any easier.
I suspect that eventually a lot of brokerge houses are going to go for this model. It cuts out a lot of requirements, including customer service. Although I'm sure you might have to phone someone at some point, you don't often have to because the system figures things out for you.
Interesting tool. They provide similar services to those offered by Wealthfront and SigFig, but offers more choice and agility when determining the composition of your portfolio. The main selling point of Nutmeg is its transparency and flexibility. If you are currently using a discretionary manager or a financial advisor, the lower fees of Nutmeg could help you save a lot of money in management costs.
I was pretty terrified to try an investment company that was run by computers--think George Jetson! But I decided to give it a try with the bare minimum. Really happy I did. The investment mix that the computer picked out for me is totally up my alley, and it's working out great.
No idea where the name comes from, but don't care. I have been having really good luck with the investments that have been made thorugh this automated investment company.They are definitely transparent. You know what is going on every step of the way.
Good, good stuff here! If you want to invest without all of the strings attached, this is the place to go. No more high advisor fees for me. I'm using Nutmeg's automated service and loving every minute of it. Don't think I've ever felt so in control of my finances.
Transparency is the name of the game with Nutmeg. That and cuting through the crap so you can get to what really matters. I love their no nonsense approach. You get to understand what's going on with your investments and then you make the best choice for you.
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