Brendan, again, thank you so much for keeping us up to date with this new data, may I ask what is the difference between Roth IRA with Acorns vs Fidelity or Charles Schwab? Thanks in advance.
@@Money_Chef there’s no difference in the account itself, mmmmaybe a few different investing options but that’s minimal. The noticeable difference is the service itself and any incentives they offer.
Could you do an updated video on your thoughts that if you regularly invest with acorns I.e $10 a week plus round ups will the rate of return based on your portfolio be good over time?
I have an Acorns invest, later, and 2 kid accounts. I started the acorns invest in 2017 when I first started my personal investment journey. I’ve had county retirement and 457 going since 2005. But I really love acorns for kicking off my personal investment journey. So simple with recurring investments. I’ve since started Webull, Robinhood, td ameritrade etc…but acorns is the only personal investment account that has given me the biggest return. I’m not maxing out the later account at this time so I’m going to do the math to see if upgrading to the premium plus would be beneficial. I’m self-employed now so I’m assuming I can’t take advantage of the minimum direct deposit to avoid fees, but that would be awesome! Thanks for video! Got me excited about my acorns account again
So I don't have a Later account set up but when I click "set up later" it very clearly states the new 3% match. Maybe it's more hidden if you already have it set up
Brandon, have a question I used portfolio visualizer I currently have my kids invested in my schwabs custodial account on ticker symbol swlgx 70% and swppx 30% on the visualizer it says that it will gain more then acorns investment but it seems like the losses are bigger. Is it safe to go with acorn since it’s more diverse or rock with the average from what the visualizer says and stick with it
I don’t pay anything on premium as long as i have $250 direct deposit on their checking account plus i get $10k( i know is not much but it’s free)life insurance coverage
Just looking to trade and you want to pick your own stuff and risk it= Robinhood. Looking for banking high apy checking and savings and investing and IRAs and custodial accounts basically everything after just trading stocks= Acorns
I think the Robinhood match is the better route to take. Instead of paying $12 a month just to get this acorns match, you would make a ton more money in the market by putting that $12 into the market for free with Robinhood instead of paying acorns in my opinion. Thats with the free 1% IRA robinhood match
Brendan, I just saw in my email that if you upgraded to the $6 and and/or $12 a month Acorns will no longer waive your subscription fees. I can forward you the email if you wish.
@@BrendanEvan Brendan, I just checked with Acorns. The subscription fee is still waived if you have a direct Deposit of $250 or more Mighty Oaks subscription $6 and/or $12 only. Doesn’t apply to the $3 plan. I just looked it up!
Brendan, again, thank you so much for keeping us up to date with this new data, may I ask what is the difference between Roth IRA with Acorns vs Fidelity or Charles Schwab?
Thanks in advance.
@@Money_Chef there’s no difference in the account itself, mmmmaybe a few different investing options but that’s minimal. The noticeable difference is the service itself and any incentives they offer.
Bro i still can't find it . I logged into website and app.
Could you do an updated video on your thoughts that if you regularly invest with acorns I.e $10 a week plus round ups will the rate of return based on your portfolio be good over time?
I use Robinhood and have been investing $10-40 a day depending on my funds for the month and im up 12%
Bro I just left Acorns and you do a video like this and I just go back lol😂😂
I have an Acorns invest, later, and 2 kid accounts. I started the acorns invest in 2017 when I first started my personal investment journey. I’ve had county retirement and 457 going since 2005. But I really love acorns for kicking off my personal investment journey. So simple with recurring investments. I’ve since started Webull, Robinhood, td ameritrade etc…but acorns is the only personal investment account that has given me the biggest return. I’m not maxing out the later account at this time so I’m going to do the math to see if upgrading to the premium plus would be beneficial. I’m self-employed now so I’m assuming I can’t take advantage of the minimum direct deposit to avoid fees, but that would be awesome!
Thanks for video! Got me excited about my acorns account again
So I don't have a Later account set up but when I click "set up later" it very clearly states the new 3% match. Maybe it's more hidden if you already have it set up
@@Bmarts93 Just because you said that I had to check again and it was there! I activated! Thank you!
First! And finally another Acorns video I’ve been asking for weeks! Keep them coming!
Brandon, have a question I used portfolio visualizer I currently have my kids invested in my schwabs custodial account on ticker symbol swlgx 70% and swppx 30% on the visualizer it says that it will gain more then acorns investment but it seems like the losses are bigger. Is it safe to go with acorn since it’s more diverse or rock with the average from what the visualizer says and stick with it
@@Exbackzack just to be sure we’re talking the same things, portfolio visualizer can’t predict returns, it just grows at the rate you pick.
Doesn’t it show history based on the ticker symbol?
What's with the axe? Not the first time it's been held and set down.
I know! I'm just asking questions
Mine was there when I went to later. “Squirrel holding dollar bill😂😂😂😂😂”
Wow you can do business with a company that got an F on the BBB! What a great idea!
i think webull gets a 3% match for rollover... so this isn't good.
I don’t pay anything on premium as long as i have $250 direct deposit on their checking account plus i get $10k( i know is not much but it’s free)life insurance coverage
This is true! Pretty sweet if you were going to deposit $250+ per month anyway!
Never mind the F from BBB due to suspending accounts when people try to pull their investment...
Just direct deposit 250 to acorns and get all the free benefits and look at it as a saving account
You’d get a match of 3% with the 250 sitting in the checking?! No way!
Just looking to trade and you want to pick your own stuff and risk it= Robinhood.
Looking for banking high apy checking and savings and investing and IRAs and custodial accounts basically everything after just trading stocks= Acorns
I love both of them for separate reasons and use both
I think the Robinhood match is the better route to take. Instead of paying $12 a month just to get this acorns match, you would make a ton more money in the market by putting that $12 into the market for free with Robinhood instead of paying acorns in my opinion. Thats with the free 1% IRA robinhood match
I don’t pay anything for premium. A direct deposit of $250 in checking would wave all fee
Robinhood still has a better offering in my opinion
If any broker gives me a dividend tracker and projected timeline, I'll swap in a heartbeat
401k offered by my employer is only 10c on the dollar, not dollar per dollar, kinda lame.
I mean a 10% additional gain is still nice. Not as nice as 100% but its something!
Rain ☔️
Rain
👍
i have m1 finance.... way better. dont fall for the 1-3% match. they still make money on ya. many people will cash out before 4 years.
Brendan, I just saw in my email that if you upgraded to the $6 and and/or $12 a month Acorns will no longer waive your subscription fees. I can forward you the email if you wish.
@@chrisconsorte7893 well that’s interesting. Strange that the mighty oak section of the website still says it would be waived
@@BrendanEvan I found it rather odd too. Perhaps Acorns changed their minds?
@@BrendanEvan Brendan, I just checked with Acorns. The subscription fee is still waived if you have a direct Deposit of $250 or more Mighty Oaks subscription $6 and/or $12 only. Doesn’t apply to the $3 plan. I just looked it up!