What Is Wrong With Acorns App. It rounds up your shopping purchases to the nearest dollar and invests the spare change in a portfolio of exchange traded funds. While their app looks amazing, all you need to do is compare and read the reviews of wealthfront vs.
They link to your bank accounts and every time you make a purchase, they round up to the nearest dollar and invest the change. Acorns is made for passive investors, and it does a better job at providing a really passive investing experience than robinhood does, or any other investing app for that matter. Acorns spend clients are not charged overdraft fees, maintenance fees, or atm fees for cash withdrawals from atms within the allpoint network.
Basically, it’s the investment equivalent of putting training wheels on a bike (with a bell and pretty streamers on the handlebars).
If you can get it to play. You’ve probably heard of acorns already, and you may even know it’s a smartphone app that automatically invests your spare change. The acorns app is easy to use and perfect for new investors who are learning the ropes. Developer response , thank you for taking the time to post this review.
