What you MUST know about Acorns Investing скачать в хорошем качестве

What you MUST know about Acorns Investing

Lets discuss and review Acorns Investment App, go over all of its features, and whether or not it’s actually a good value - Enjoy! Add me on Instagram: GPStephan | Sign up for Acorns and get $20 Bonus: https://acorns.com/graham/ The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000): https://act.webull.com/k/Vowbik9Tm5he... My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamste... What is Acorns? The basic premise is that they’re an app that helps automate your investing. And their most notable feature, in my opinion, would be their “round up” feature - this lets you invest the spare change from what you spend, and you can just “round up” every single purchase to the nearest dollar to invest the difference. They also give you the option to setup recurring investments on a daily, weekly, or monthly basis… again, the entire purpose of this app is just to help automate regular and consistent investing. They’ll also let you see, real time, what your investments COULD be worth depending on your contributions…so it’s really meant to get you thinking about the long term. Now in terms of WHAT they invest in, they say “Your investments are then diversified across more than 7,000 stocks and bonds and automatically rebalanced when the market fluctuates.” So basically, they’re investing in broad funds that track the market, very similar to the vanguard index funds I always talk about on the channel. And when it comes to this, Acorns is what’s called a Robo-Advisor - this has definitely gained some popularity lately with other companies like Wealthfront, Bettermint, and M1 Finance to name a few. If we go to their pricing tier, we can see that their basic service begins at $1 per month: With that, you get the Automated investing where they round up the charge and invest the difference Then, for $2 per month, you get access to all of that, plus Acorns Later - which is their IRA. And finally…for $3 per month, you’ll get access to their checking account with debit card. So overall, looking through everything on Acorns and spending way too much time on this…here are my thoughts and what I REALLY think of it: Acorns simplifies investing and making it incredibly easy, to the point where you don’t need to think about it. The concept of rounding up is clever, it’s gimmicky, and I can see how it works. If Americans aren’t going to think about investment, they can just invest on Autopilot without making any difference whatsoever except for setting up an Acorns account. So from that perspective, I really like it. HOWEVER…what I consider a negative for Acorns, is that if you just want to straight up invest a small amount of money into an index fund…and what to do it for TOTALLY FREE, you can do that with Fidelity. If you’re investing with more money, Acorns slowly becomes more and more worth it as the $1 fee becomes a smaller percentage of the total amount you have invested. BUT…I’ll admit, using Acorns is WAY better than doing nothing. For people who just can’t seem to save and invest any money, or don’t really take an interest to investing…this is BY FAR better than the alternative of just not investing. Just my opinion, not financial advice. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]