What is your experience with Acorns?

NTT Data / IT
s4lt

Go to company page NTT Data IT

PRE
NTT DATA Services
 s4lt
Feb 21 10 Comments

Has it made you a lot of money or little money? Has it helped you make some side passive income? Is it a considerable source of income? How long did it take you to get to where you are and how much have you invested?

Finally: for someone starting today, how much do you recommend them deposits? (Aggressive portfolio)

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 TOP 10 Comments
  • Meta
    PNLF27

    Go to company page Meta

    PNLF27
    Scammy monthly fees, just put money aside into a free brokerage
    Feb 21 5
    • NTT Data / IT
      s4lt

      Go to company page NTT Data IT

      PRE
      NTT DATA Services
       s4lt
      OP
      I’ll give those a look. Thanks!
      Feb 21
    • Meta
      PNLF27

      Go to company page Meta

      PNLF27
      If convenience and simplicity is what you seek, take a good look at SoFi. You can have your paychecks direct deposit into their checking account and automatically have $1000/month go into the market.
      Feb 21
  • Telephonics Corporation
    transmit

    Telephonics Corporation

    transmit
    Instead of paying a third party, assuming you're comfortable picking your own stocks or ETFs, why not just allocate a part of your paycheck to be directly deposited into either an IRA or an investment account? Cut out the middleman and you're still putting money away to invest
    Feb 21 1
    • NTT Data / IT
      s4lt

      Go to company page NTT Data IT

      PRE
      NTT DATA Services
       s4lt
      OP
      Thank you for the valuable advice. I’m really young and am working my first contractual job while attending college so I’m not sure if I qualify.
      Feb 21
  • I like it
    Feb 21 0
  • Apple
    32k7xg

    Go to company page Apple

    32k7xg
    I used Acorns for 4 years until they tripled the monthly fee.
    I had set up monthly transfer and the spare change thing. Overall had a good silent savings built up over time.
    Using stash App these days
    Feb 21 0