Acorns - Invest Spare Change from Purchases
By Acorns
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Description
►WELCOME TO MICRO INVESTING◄
Investing was for the wealthy. Now it's for everyone! Acorns helps you save and invest small amounts regularly into your own diversified portfolio. Start with just your spare change and join over 1 million who have taken steps to improve their future. It only takes minutes!
►FEATURES◄
○ Painlessly invest your spare change into a diversified portfolio of ETFs of over 7,000 stocks and bonds automatically
○ Easily invest more - with Recurring Investments (daily/weekly/monthly), One-Time Investments, Referrals, and Found Money!
○ Watch your progress – check in on your account from anywhere
○ SIPC Protected – up to $500,000 is protected against fraud so your money is secure
○ Stay educated – Gain access to our online personal finance publication, Grow Magazine
○ Withdraw anytime – at no charge.
►WHAT THE WORLD IS SAYING◄
FORBES: “The app makes investing effortless.”[1]
ABC NEWS: “If you set aside just $5 every couple of days you would have set aside $1,000 in a year.”[2]
WIRED: “Acorns simplified the often tedious and complex process of investing.”[3]
US NEWS: “Acorns offers a unique solution to overcoming the mental barrier: ‘I just don’t have enough money to be investing.’”[4]
►TRUSTED AND INTELLIGENT◄
○ 256-bit encryption to keep your information safe and secure
○ Automatically rebalances your portfolio
○ Automatically re-invests your dividends for you
○ Diversified Portfolio includes hundreds of international companies, corporate and government bonds, and real estate.
►PRICE◄
Acorns costs $1 per month for accounts investing less than $5,000. After your account grows past $5,000, the fee switches to 0.25% per year (@$5,000 that’s about $1 a month). That’s like 3 semi-fancy cups of coffee (you know you do it) a year, just to invest in your future.
In order for Acorns to invest your spare change from purchases, which is part of why we charge $1 per month, you will need to connect a bank account. Worry not - we've got 256-bit encryption. That's a nerdy way of saying we're as secure as the people you bank with. Now, stop reading and get invested.
This app is operated by Acorns Advisers, LLC, an SEC Registered Investment Advisor. Brokerage services are provided to clients of Acorns by Acorns Securities, an SEC registered broker-dealer and member FINRA/SIPC. Investments are not FDIC insured and may lose value. Investing involves risk and investments may lose value, including the loss of principal. Please consider your objectives and Acorns fees before investing. Past performance does not guarantee future results. “Acorns”, the Acorns logo and “Invest the Change” are registered trademarks of Acorns Grow, Inc. Copyright © 2016 Acorns and/or its affiliates.
Information about FINRA is available at www.finra.org. Explanatory brochures about SIPC protection are available upon request or at www.sipc.org.
[1] http://www.forbes.com/sites/duncanrolph/2014/09/10/4-online-tools-to-manage-your-money-in-the-21st-century/
[2] http://abcnews.go.com/WNT/video/slow-steady-key-retirement-savings-28043857
[3] http://www.wired.com/2014/08/acorn-app/
[4] http://money.usnews.com/money/blogs/my-money/2014/12/26/wealth-management-tools-for-the-not-so-wealthy
What's New in Version 1.8.3
Thanks for using Acorns! Just like small investments in your Acorns account can add up to something big, small improvements can make the the Acorns app even better over time. This update includes minor fixes and enhancements to help make Acorns even faster and easier to use.
Customer Reviews
Don't use this app!
Two weeks ago I decided to give this app a shot and try investing. I invested $5.00. I started getting automatic round ups from purchases that brought my investment account up to $11.50. I had automatic investments turned off.
Today I discovered that Acorns charged me $29.00 for no reason.
I contacted customer support and they claimed it was an overdraft fee from my bank. The $29 said Acorns Investments beside it.
They refused to refund my account.
Don't use this app unless you want them to take your money for no reason.
Too Easy
We all know how important it is to save and invest. This is an easy way to do both and without even feeling a dent in the pocket. Can't wait to see the results. Very happy so far.
Amazing for New Investors
I always had a desire to invest but never had that $10,000 to start. This app not only educates one on how investments work but also works as a savings account that you forget about. It does not take long to gain a commitment to invest more each week. It helps you begin to create financial goals.
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- Free
- Category: Finance
- Updated: May 23, 2017
- Version: 1.8.3
- Size: 98.3 MB
- Apple Watch: Yes
- Language: English
- Seller: Acorns Grow Inc.
- © Acorns 2016
Compatibility: Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.