Thanks to the latest technology and offerings, consumers today have better access to financial markets than ever before. Phenomena like meme stocks, social media, the cryptocurrency explosion and.
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ETF portfolios are tailored to your risk tolerance and investment goals
Automated custodial investment accounts for kids
You can t invest in specific companies; Acorns assigns and manages your portfolio for you
If you don t invest regularly, monthly fees could be high compared to other automated advisors like SoFi
Acorns is an automated investing app offering personal investment accounts, IRAs, checking accounts , and investment accounts for kids. While the investment platform has a $0 account minimum, you ll need at least $5 to start investing.
As for fees, Acorns offers three plans at various price points: Acorns Lite, Acorns Personal, and Acorns Family. If you re solely interested in investing with a personal investment account, Acorns Lite might be best for you. The account has a $1 monthly fee, but it: (a) invests your money in an ETF portfolio tailored toward your risk tolerance, and (b) uses Acorn Round-Up