Acorns - Invest Spare Change from Everyday Purchases into a Diversified Portfolio
Open iTunes to buy and download apps.
►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 taking steps to improve their future. It only takes minutes!
○ Painlessly invest your spare change into a diversified portfolio 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
○ SPIC insured – 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.”
ABC NEWS: “If you set aside just $5 every couple of days you would have set aside $1,000 in a year.”
WIRED: “Acorns simplified the often tedious and complex process of investing.”
US NEWS: “Acorns offers a unique solution to overcoming the metal barrier: ‘I just don’t have enough money to be investing.’”
GOOD MORNING AMERICA: “Painless! It’s like dropping your change into a bowl on your table, like we all do everyday.”
►TRUSTED AND INTELLIGENT◄
○ 256-bit encryption to keep your information safe and secure
○ Automatically rebalances your portfolio – buys low and sells high
○ Automatically re-invests your dividends for you
○ Diversified Portfolio includes hundreds of international companies, corporate and government bonds, and real estate.
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. Investment outcomes and projections are hypothetical in nature.
Information about FINRA is available at www.finra.org. Explanatory brochures about SIPC insurance are available upon request or at www.sipc.org.
What's New in Version 1.5.8
Thanks for using Acorns!
This update includes critical updates and enhancements to help make Acorns faster and more secure for you.
We encourage all Acorns customers to update to this version to get the most out of your Acorns experience.
Cannot unlink my checking account!!!
I decided to stop using Acorn as it isn't suitable for me.
After I closed my Acorn account, I can still login and change the settings. I'm wondering what's the difference between closing and not closing. They said this could help you view your account info after closing. What? If I still want to pay attention to my Acorn account, how could I decide to close it?! That will only leave chance for some hackers to view and change my Acorn account.
Another thing to notice is, you can never ever unlink your checking account once after it's linked! That means, even after your Acorn account is closed, your bank account is still linked to it, and anyone can see your bank info if they log in your dead Acorn account.
So easy a caveman...
I have had the app for about 3 mos and have about $300 saved without even trying. Highly recommend. Think about it... $100 a month, times 12 months equals $1200 without dividends. Let it ride, who knows where it can lead. A lot easier to commit to round ups than committing to investing same amount. Only suggestion; add automatic deposit from your savings/checking account of $5 or $10 a week to increase your savings. Highly recommend this application
This is a great app. I have been getting good returns in bull markets, and minimal losses to my principal during bear ones. As log as you keep a little extra cash in you withdrawal account, you will start raking in the money just from paying bills. I'm set up for an aggressive portfolio, and I agree with the current allocation of assets they have set up for me. It is a truly aggressive portfolio, based on strong Vanguard funds.
I made the down payment on my car with physical coins; I wonder what I'll get next.