Investment beginner

Okay, so I have done a lot of research these past few months. I wanted to do something more than just put money in a savings account. I wanted to get some kind of investment going but knew minimal of what to do. My bank offers investment services but their fees are high. I did some reviews, comparisons, and read articles and found the company to use. They are called Betterment (click to be redirected) and have some of the lowest fees in the industry. The best part? No minimum deposit to set up an account. A few companies offer lower fees but it may take $1,000 just to start.

How does it work?

With betterment you link your bank account after signing up. After it's activated - usually after 3 days - you are able to deposit. Deposits. It has advice on what to do in what order. You start an account (IRA, Safety Net, Wealth, Big Purchase, etc) and answer some questions. Afterwards, you will get some suggested allocations which is the ratio of stocks and bonds. It suggested I begin with a Safety Net. Well, I've been transferring money into my savings for the last 3 months or so, but this would be a good way to learn how it works. I didn't change the allocations to test it out. You can change your allocations once a day. It was a 60/40 Bond to stock ratio. It's safe, but takes longer for money to gain. I kept it like that for about 2 weeks with a $100 deposit. After 2 weeks, I had gained 4 cents. Now, this is faster than most savings accounts, but like I said, this is a trial run. Next thing I did was change it to 50/50; which from reading, is the best way to grow your savings. It's diversified so the chance of you taking big losses is slim for extended periods of time. I am currently invested in miniscule parts of hundreds of stocks.

The next step is an IRA. I am going to stop the deposits in my safety net goal for the time being. I still have auto deposits into my savings account, and that account should be high enough to maintain itself and grow or I may withdraw it. My IRA will receive my deposits going into my current account to grow. This will be something that I will not stop once I start. I will also keep money going into my savings account to be backed up for emergencies.

This is, like I said, a beginner strategy that I developed.