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Thanks for your feedback! If you want to stick to more traditional indexing approaches, that’s supported. For example, one user has stayed very close to VTI, b

Thanks for your feedback! If you want to stick to more traditional indexing approaches, that’s supported. For example, one user has stayed very close to VTI, but made some modifications to customize VTI to her goals and existing portfolio (https://enombic.com/abby/VTI-15 https://enombic.com/abby/VTI-15). We also have some users who want an easier way to automate their investments into a classic Vanguard basket (https://enombic.com/aml/lazy https://enombic.com/aml/lazy). Everything on the app is DIY. So, alternatively, if you want to be more active, and test a thesis you may have, that’s supported as well.

bww 6y ago
I think OP's concern (which I don't necessarily share, but which I think is valid) is that indexes are generally considered to be relatively safe investments but if you're personally choosing the securities in the "index" you're essentially just choosing individual stocks, which is generally considered to be a bad idea for most people. So it could be argued that you're essentially presenting choosing individual stocks, a highly risky investment strategy, as index funds, a different, much more conservative kind of investment.
- doggosphere 6y ago
  Who cares? We put warning labels on cigarettes, we even tax them to offset the social cost of the badness of them. But we still have the freedom to consume them if we so choose. Risky investments are the same. We don't need overbearing protectionist policies other than to ensure people aren't being outright cheated/scammed. If the kids want to YOLO GME, who are we to say otherwise.
autoditype 6y ago
I find that even more disingenous than OP. That first link shows the Top 15 picks of the $VTI, but IIRC the $VTI is an index of 3,000 companies across the whole market. Picking 15 heavy-weight stocks is not even the same realm as an index fund. She weights APPLE at 18.7% while VTI weights VTI weights the top 10 holdings for a total of 23% of the portfolio.

bww 6y ago

I think OP's concern (which I don't necessarily share, but which I think is valid) is that indexes are generally considered to be relatively safe investments but if you're personally choosing the securities in the "index" you're essentially just choosing individual stocks, which is generally considered to be a bad idea for most people. So it could be argued that you're essentially presenting choosing individual stocks, a highly risky investment strategy, as index funds, a different, much more conservative kind of investment.

doggosphere 6y ago
Who cares? We put warning labels on cigarettes, we even tax them to offset the social cost of the badness of them. But we still have the freedom to consume them if we so choose. Risky investments are the same. We don't need overbearing protectionist policies other than to ensure people aren't being outright cheated/scammed. If the kids want to YOLO GME, who are we to say otherwise.

autoditype 6y ago

I find that even more disingenous than OP. That first link shows the Top 15 picks of the $VTI, but IIRC the $VTI is an index of 3,000 companies across the whole market. Picking 15 heavy-weight stocks is not even the same realm as an index fund. She weights APPLE at 18.7% while VTI weights VTI weights the top 10 holdings for a total of 23% of the portfolio.