Never used either so no idea whether one is better than the other so any information would be greatly appreciated
Robinhood and learn to manage yourself. Over long term you'll save money and learn to make better financial decisions
Acorns all the way. If you need a referral for free money let me know.
Are you saying this because you can make a few bucks referring, or do you actually mean it? What are some of the product differences between the two?
Digit
I’d say robinhood for stock trading and if you want to keep track of your finance Wealthfront has been good for me
I have used betterment, acorns, wealthfront, and robinhood. If you are new to stock trading then only you should go for robo advisors. For a person who has been trading stocks in the market for 2-3 years, I would recommend using a brokerage account on robinhood, vanguard, fidelity etc to manage your portfolio yourself. I have had more than 30% cumulative gains on my portfolio on Robinhood since I opened my account 2 years back. On the other hand, robo advisors have only given a meagre 5-6% gains in those two years.
I have betterment, it’s a nice place to throw money and not really think about it. I like that
I really like Betterment but haven't used Acorns.
Check the fees - they’re garbage on acorns if you’re below like $10k
I have been experimenting with Betterment and Wealthfront. I have not tried acorn though. Betterment returns averaged in the 5-10% range, Wealthfront did a little better on the returns compared to Betterment but I found Wealthfront little rigid in terms of minimum amounts.