It is not the point that its a dollar a month. The point is that overtime $12 a year adds up and if you're not giving me a return more than $12 that means I'm losing money. Plus I am advocate for knowing what's in your portfolio and having the power to take out companies that are not working for better ones that are. The only investment then I will take where control is somewhat difficult is an employee 401k or Roth IRA account. Even then if you just take the time most companies like mine have pretty good options available.
Freedom is important, depending on your goals and Management fees compound however fixed fees are better, and the more you grow that 1$ is less and less. Over a 40 year run that’ll cost you $480 bucks total
Yes! A person could go straight to Fidelity and invest in a zero net expense ratio Index mutual fund (FZROX) and get a year to date return that follows the entire stock market for free.
Yes it is too expensive. I think I’ve been with them for three months so that’s three dollars in fees paid, and I’ve only made $.65 so not worth it so far.
I've been in acorns since 2018 I've invested so far about 1400 dollars in which I started from zero so it does work you just have to stick with and that's what I plan to do. Right now I have a total of about $700 between the acorn stock and the later account. Only reason why I pulled the money out the first time is because I had a emergency. Also $2 a month is not that much they pull it out from my bank account not from my stock investment account. Just stick with it and watch your money grow it does work you just have to stick with it...
I started in march and have noticed that I make money everyday. I came to this video to figure out why. Like, everyday I make at least $5. Felt it was too good to be true. Now I understand. Thank you
Glad this helped and it’s all based on the economy and way its moving. The average is 7% and some years it’ll be higher and some it’ll be much lower. The best thing to do is to keep investing
I've been investing in acorns the last three years I've been putting a avg of 125 dollars a month I had no idea how it exactly worked I just like seeing the money grow thanks for this break down I better understand now!
I’m goin aggressive all the way. I don’t plan to do anything with the money in acorns for a long while. I’m willing to take on the risk because like you, I’m in it for the long run.
Kavon Silas most ppl believe the market is due for a reset so you could lose it all the better strategy is to be conservative until after the crash/reset then be aggressive any gains you might make will most likely be wiped out so it would be better to have a bigger stash to invest when there is value and growth potential.
Bro, ticker VOO, S&P 500 tracker ETF, gave me 35%, plus a 1% dividend in 1 year. Warren Buffet always tells his wife if he dies before her, to just invest in the S&P, it’s the most consistent stock market indicator, and is besting your “aggressive” fund.
$5 invested so far now its at 5.01 lol I'm thinking of pulling out of robinhood and going with acorns because I dont have much time to watch the market everyday and research stocks
Bro keep Robinhood . I just invested a dollar and made a 100 in three days . It don't seem like much but you have to research and invest . Start with index , bonds
I'm also new to Acorns, I started with $200 .0 I then placed an additional 300 in with a reoccurring deposit of $100.0 dollars, I'm planning on keeping the account for the next 5 years to see what happens. We shall see.
Love acorn. I've made $ in acorn I started $5 Every month I put in $20 and I've done round up.its beautiful.Started 2018 I've made good $ So far I am happy with acorn. Thank you for the video.Very transparent!
Tommy thank you for always sharing your accounts, you motivated me to share my journey, full transparency. thank you so much for the motivation, and keep those investments growing!!
Tommy, this was another great review. I have used Acorns for the 2 1/2 years. I have a reoccurring investment of $25 per week. Keep putting out great content, you are an inspiration.
Wheewww chileee... You speak fast along with hand movements got my heart rate up lol. Good stuff though, I have $300 in my acorn app somehow... I signed up an forgot it was connected.
Like the T-shirt. Listen this investing thing is the bomb and is absolutely better than nothing at all. That how ppl need to look at it esp those who just have a hard time saving. It’s so easy to spend money - every day we have to spend money to buy something and cos we are so used to it, it’s second nature. We spend spend spend which makes it extremely hard (so darn hard that some ppl just don’t know how to) save money. It is just mind blowing how much money can be made (can lose too but got to stick with solid companies) in the Market yet it’s the last place ppl shop at. (Since the pandemic more ppl have gotten in)
I think acorns is a worthy service to take advantage of but I also feel like it's important to have passive income to be able to invest on a monthly basis into yourself if you're struggling from day-to-day just to pay your bills and put food on the table where's the extra coming from to be able to invest? Some will said we'll start small start with $10 or $5 I don't know. The question is, is it worth it? I would say yes because with making a small investment today starting off with $5 or $10 can eventually change to the point where you can make a $100 or $150 or even $500 dollar investments into yourself. It all starts with taking the first step to practical smart saving strategies. Have I gotten there personally? No, that's why I have a GoFundMe set up trying to raise $600 to fix a car but with baby step's I can get there & you can to.
A lot of what you are saying, to me, extremely optimistic. While true that the Stock Market is high at over 27,300, back January 2018 it was 26,616. Also 2018 the Dow fell, for the first time in a decade. Since January, 2018 there has been an increase of roughly 2% in two years (or 1% yearly). Personally, I am staying out of the Market for the now, sticking to R/E. At least I have a certain degree of control over that.
I started with 10/month plus round up. However, I had a 26000 life insurance policy from when a loved one passed away. I blew 6000 and put 10000 into acorn and 10000 in sofi in fall 2019
What's up Tommy, I'm a young black accountant myself. I'm also leaning a bit on the conservative side, since I've been anticipating this market crash for months now. Good to know I'm not the only one who gets turned off by going 100% stocks. Great video bro, keep it up!
Hey 👋 I actually clicked subscribe and smashed the like. I appreciate this opportunity to invest in myself and my TH-cam. It’s worth the time supporting TH-camrs who are sharing investing tips and experience. Thank you for sharing
Acorn charges $3 a month now also I feel you can do the same concept like the same idea your doing with acorn on Robinhood and avoid that $3 a month charge from acorn. If your in it for the long run then just do what warren Buffett does buy blue chip stock or index funds and forget about the investment for 10+ years
Aggressive...I have probably 15-18 working years left. When there’s a crash, I believe I have time to recover. Market crashes generally last a few months to maybe a year and a half, and then it’s back or at new highs. Vanguard index fund investing (ETF) is the way to go, don’t bet heavy on beating the market!
Yo tommy, I too dividend invest. Check out IVR. $2.80 per share and .50¢ per share dividend. They were hit hard by the rona and instead they recently payed in shares and .05¢ for the remainder. It’s a win win.
Coming from Webull.. ....before Webull, i caught a headache with E-Trade ....now im with Acorn But started originally with Cashapp stock trading(the easiest... but limited on stocks)
Great video and wonderful information.. I just started this week.. Set it up to do a $ 10.00 deposit once a week. I decided to be moderately aggressive 20/80.. :)
Kawhi Gold Wave Optic and Select are by far the best short term investments on the market now....these are going for around $1,000 or less - and the Lebrons are going for like $20K - WTF???. Kawhi is 6 years younger than Lebron, has a much higher winning percentage, his teammates actually like playing with , still has a full head of hair, and is way less prone to making stupid comments in the media on matters outside of basketball. I already scored as many of these as I could (the ones without any noticeable flaws). I love to give newbies in the Hobby helpful advice. The cards are super duper SSP and unnumbered (which is a good thing in this particular instance). There are literally hundreds, maybe thousands of the regular Optic and Select inserts. These cards are probably like #'d to 16 or less and his TRUE CLIPPERS ROOKIE CARDS in LA Uniforms. You are welcome ;)
Yeah. Lol.. but that's only if u wish to get that type of return in 40 years. But u could go lower and use the profits to invest into something else. U dont have to go all in with Acorns. Just another vehicle to use as an investment
If you want to put money in and forget about it, go with acorns. If you enjoy picking a choosing your own stocks, go with robinhood. I have both and robinhood is very easy to use
I have Acorn’s, Wealthfront, Robinhood & Fidelity. I know it’s a bit much😅 Once the market goes back up I’m getting rid of acorns. Acorn’s was better when it was free for students but they no longer have that. I do love the Round up & Found Money feature. But I feel like it encourages me to spend money I wouldn’t have otherwise which eats up into my profit. IMO, Wealthfront is a little better (than Acorn’s) overall bc they offer TLH and allows you to set recurring invests in it like Acorns. Betterment is also one worth looking into to as I hear it’s a little better than Wealth. I enjoy Robinhood bc I do enjoy picking my stocks to a degree. I’m new to Fidelity but they’re stocks available to buy that aren’t on Robinhood. Robinhood is significantly more user-friendly tho. So I find myself consistently opening the app, tracking & investing. I think it’s better to choose based on which investors suite your strategy, income & get you to actively invest. So personal preference is also something to consider. I’m by no means an expert, I’ve just tried many 😅
@@saranguyen2788 Ya know, I was thinking the same thing. Ive been using acorns for three months now and haven't seen a damn thing return wise. My robinhood has made profit from this pandemic. I think I'm dropping acorns.
One thing I still don't get about this investing game is that money grows as you invest, but the whole point is to put $100 for example and wait for it to grow to $1000 for example, instead of putting $100 every month to see the $1200 grow to $1500. What would be the point of that? To spend $1200 for only $300 profit... feels like I'm just giving away my money so it looks like it's growing but it actually isn't.
M1 Finance is way better than Acorn. No $1 fee below $5k in assests, and no 0.25% management fee on top of ETF fees over $5k in assests. Only serious issue with M1 Finance is it expects you to know what your doing.
@@TommyBryson Opps! They removed the 0.25% fee as of April 2018 for assests over $5k. Now it is broken down into 3 different options. Standard $1 per month, $2 per month, and $3 per month.
I know how much we invest vary, but is your moderately aggressive portfolio same as mine or any other same portfolio? I mean all the stocks and it's distribution, are they same if it's a same portfolio. I am asking because my friend starting using acorn about two weeks ago on my recommendation, she is a risk taker, went with aggressive portfolio and already on a loss of about 3.5% which is about -$400. She is slightly worried, at this rate she would lose all her money in no time. What should she do? I have been with acorn for a yr now and I am having a pretty good experience and seeing a gain but I invest lot less than my friend.
Hey bro, I started investing in Acorns last year October. I have invested a total of $332.68, my invest account is currently value at $203.77, I have also withdrawn $130. My dividends is at $1.33. My portfolio is “moderately aggressive” I don’t know if I’m making money or losing money, I’m pretty brand new into investing. I’m not very knowledgeable about it. If you could comment on this and shed some information about it for me will be awesome bro thank you.
I invested $1k a lil over a month ago and the last two weeks i lost money, about $25 but i am making money back again. And ive also been investing monthly so ive only made one monthly investment of $50 so far plus with the round ups, my acc is valued at $1,120.28 rn
Acorns sucks because it takes about a week to buy stock from when you start your deposit. If you’re trying to invest extra on days the market is low, you’ll probably get the opposite. The recurring deposits are crap too. The daily option is 7 days a week instead of just on trading days like Robinhood. Yo can’t dollar cost average when 3/7 of your stock is bought on Monday. Don’t waste your time with a profile recommendation either. Aggressive is the only one that makes $
Is there any drawback like 401K from works? Like taking 30% fkin Percent for taking out my own saving.... :V (I didn't watch the video cuz I have no access to audio atm)
im new to this i got a question since im new to investing when you start off with 10 dollars in acorn investment how do you grow the money do you keep puttin money in it im soo soorry this all new to me or once you invested does it grow by it self ?
TommyBryson just got a new subscriber. Well I figure I’m still young so might as well go aggressive I like to make as much as I can plus with the round of feature and only 15$ a week it like money i would’ve spend on stupid thing anyway if that make sense lol
I have about $200 in my invest account and $200 in my Later account and hope to be putting more in it! I also found out if I had $3,000 invested it would cover the $1 fee, so my goal is to at least get it there and then try to make it to $6,000! Is this possible? As long as I keep putting money into this it should be!
So how do you get paid investing then? If you cant take it out whenever you want? And if you do take it out you get taxed and can get penalized? So i guess after 1 year and 1 day i can take it out? But why would i take it out if it will keep growing? Thats why im asking how do you get paid?
Can you please do a acorns video on esg sustainable portfolio acorn just made a update not so long ago I am super behind on this 😀 also thank you for making all these amazing video for me to watch when I have time
I found this video because I was not clear on what I was investing on Acorn I don't see any stocks or what the money is going towards. please help me understand this because I only send money to invest I don't get to pick what I invest in...… or can I choose??
Not to rain on your parade, but this has been a great year to invest in stocks in general. Average market return is 29%. You could have saved that $1 a month fee from Acorn and put your money in a free Fidelity total market fund (FZROX) and gotten a return of 29.45%.
When the market goes down, that’s where the etfs diversification’s will show their colors. That’s why my investments have bonds and international investment also. And the $1 fee has been paid for 6 years because of the dividends 😎
@@TommyBryson You can mix it with a bond Index mutual fund like FUAMX. The net expense ratio is 0.03% ($3 annually for every $10,000 in this fund). Fidelity also offers a free international fund.
With regards to the part about assessing your risk tolerance. How are you screwed if the stock market takes a dive? You said you were in it for the long haul.
Moderately aggressive holds up pretty good I noticed, however in that moment when it does take a dive it’ll go down by a lot more than someone with more bonds in their portfolio. And the thing is; say for example I’m in it for 40 years and on year 35 we get a crash, that’s a problem: so the goal is, the closer I get to the end, the more my portfolio will shift to less risk
I’ve been signed up for about a week now and my round ups alone is $22, but my question is when do I see my money grow? (I know this is a long term thing hence why I went with acorns) but I’m just curious when does it start to grow? And how will I know? (I’m new to inventing and the reason I chose acorns is due to its “self control” type nature. I don’t have time at all to be looking at stocks all day n doing research so I figured acorns can do most of the work)
There’s a section on the app that shows you a margin throughout of the day of the money you invested fluctuating, that’s how you’ll see how much money you have
Let’s say I’m saving $2,000 a month. How much in your opinion how much should I put into stocks if I’m a complete beginner? Or should I just go with real estate or something else? I’m in it for the long run as well
As a beginner, start with an amount you're willing to lose. Don't be greedy, and since you're in it for the long run, you're bound to make more. Keep it conservative till your knowledge in investing grows. For 2k a month, I'd suggest 1/4 in a moderately aggressive portfolio.
@tommybryson thanks for ur video on acrons after watching it i have a little better understanding on how it works but I have a few questions; how do I reinvest my dividends? How often dividends are paid out? And I want to switch my portfolio will it come at a cost and will I lose my profits from my current portfolio?
Great questions 1. Dividends are automatically reinvested 2. They are paid out at different times, some monthly and quarterly 3. And no you don’t loose profits by switching portfolio
are the potential charts (showing how much money you'll have over years) accurate ? mine shows i'll have 75,000 by the time i'm 30. i'm 20 now. my first investment was $300 one time payment, plus the roundups which came to about $10 & im also doing $100 a week. today was my first day downloading and investing in the app. please get back to me !! thank you
6:08 on the money lol you were right. Question: I stated investing with acorn after the outbreak with just $10 weekly. Portfolio is set to aggressive with the intention of scaling back after the market recovers. Good plan or not really?
Great post as always. You gave Acorns fee of one dollar per month. You did not mention to your subscribers that you must agree to a Preauthorized Recurring Monthly ACH Debit. Some people may have a problem with any company having free will access to their bank account. Another point that I would like you to please offer subscribers is further detailed information on your choice of Acorns program. I believe Acorns has like 5 or 6 different programs from which to choose. Thank you again for your time, efforts and post.
Hi what's up bro, I've been watching alot of your videos and wondered if you have any advice about person who dont live in the us, in place's like the Bahamas
Is 1$ a month too expensive to start investing?
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It is not the point that its a dollar a month. The point is that overtime $12 a year adds up and if you're not giving me a return more than $12 that means I'm losing money. Plus I am advocate for knowing what's in your portfolio and having the power to take out companies that are not working for better ones that are. The only investment then I will take where control is somewhat difficult is an employee 401k or Roth IRA account. Even then if you just take the time most companies like mine have pretty good options available.
Freedom is important, depending on your goals and Management fees compound however fixed fees are better, and the more you grow that 1$ is less and less. Over a 40 year run that’ll cost you $480 bucks total
Yes! A person could go straight to Fidelity and invest in a zero net expense ratio Index mutual fund (FZROX) and get a year to date return that follows the entire stock market for free.
Yes it is too expensive. I think I’ve been with them for three months so that’s three dollars in fees paid, and I’ve only made $.65 so not worth it so far.
If you only give 1 a month it's not worth it. Might as well not invest at all. In 1 year I saved up 1k.
It’s best to channel funds into multiple investments, this has helped me multiply money. I wonder why people fear diversifying.
Over diversifying can be risky.
I’m mostly focused on building more income stream.
I Invested 90 percent in stocks and in currently considering other ventures.
Financial independence is a goal worth striving for.
@Scott Riley I’ve read reviews on Frost Hilda’s trades, how long has he been handling your trades and how has he enhanced your earnings?
This dude is the only TH-camr I've ever turned playback speed to 0.75x for
Lol 😂
@@TommyBryson I like the content man. Just gotta slow the roll a little bit so I can digest all the information you throw at me
Hell naw. I put him on 2x.
I thought it was just me. He talks so fast.
But I love the info.
Just turn 30 last month, and have a decent job. Wanted to do some small, first time investment. Just put my first $200 into the app.
I've been in acorns since 2018 I've invested so far about 1400 dollars in which I started from zero so it does work you just have to stick with and that's what I plan to do. Right now I have a total of about $700 between the acorn stock and the later account. Only reason why I pulled the money out the first time is because I had a emergency. Also $2 a month is not that much they pull it out from my bank account not from my stock investment account. Just stick with it and watch your money grow it does work you just have to stick with it...
I started in march and have noticed that I make money everyday. I came to this video to figure out why. Like, everyday I make at least $5. Felt it was too good to be true. Now I understand. Thank you
Glad this helped and it’s all based on the economy and way its moving. The average is 7% and some years it’ll be higher and some it’ll be much lower. The best thing to do is to keep investing
@@TommyBryson gotcha. Thank you
I've been investing in acorns the last three years I've been putting a avg of 125 dollars a month I had no idea how it exactly worked I just like seeing the money grow thanks for this break down I better understand now!
Ayeee nice and what has been your total return so far 😎
Wow
😎🙌consistency
@@TommyBryson my total invested is close to 4000
CALICOTV301 what investment sites is this that states that? Pls post the link? Mr Financial Advisor.
38$ a month income, thats amazing! Im gonna do the same, wait for 500 years and buy a new lamborgini!
😂
How I feel after watching all these investment videos 😂
Well, in 46. I'm thinking aggressive.. im getting old old...lol
Extremely educational video. I've spent the past few hours researching acorns and this video drove it home
I’m goin aggressive all the way. I don’t plan to do anything with the money in acorns for a long while. I’m willing to take on the risk because like you, I’m in it for the long run.
Kavon Silas most ppl believe the market is due for a reset so you could lose it all the better strategy is to be conservative until after the crash/reset then be aggressive any gains you might make will most likely be wiped out so it would be better to have a bigger stash to invest when there is value and growth potential.
Same here I just started a few week ago only have 50$ but it 50$ i wouldn’t have if I didn’t even starting at all aggressive
Same going aggressive on later account to
How’s that working out for you during the pandemic?
How is it going so far
I love this channel. I'm glad I found it. A lot of great down to earth practical advice. Keep em coming.
Thanks brother, any ideas send them over
Bro, ticker VOO, S&P 500 tracker ETF, gave me 35%, plus a 1% dividend in 1 year. Warren Buffet always tells his wife if he dies before her, to just invest in the S&P, it’s the most consistent stock market indicator, and is besting your “aggressive” fund.
$5 invested so far now its at 5.01 lol I'm thinking of pulling out of robinhood and going with acorns because I dont have much time to watch the market everyday and research stocks
Tech I'm going to do the same. But because there is no customer service for robinhood. I think acorns is good based of the v guard funds
Chevy stepside gears you guys can get OPTIONS, for the long-term!
I do both
Need more details, I'm interested but have NO experience.
Bro keep Robinhood . I just invested a dollar and made a 100 in three days . It don't seem like much but you have to research and invest . Start with index , bonds
I just started last month I’m $715 in I like acorn too
I'm also new to Acorns, I started with $200 .0 I then placed an additional 300 in with a reoccurring deposit of $100.0 dollars, I'm planning on keeping the account for the next 5 years to see what happens. We shall see.
Love acorn.
I've made $ in acorn
I started $5
Every month I put in $20 and I've done round up.its beautiful.Started 2018 I've made good $
So far I am happy with acorn.
Thank you for the video.Very transparent!
How much have you made ?
Tommy thank you for always sharing your accounts, you motivated me to share my journey, full transparency. thank you so much for the motivation, and keep those investments growing!!
Thank you !!!
Tommy, this was another great review. I have used Acorns for the 2 1/2 years. I have a reoccurring investment of $25 per week. Keep putting out great content, you are an inspiration.
Jon Johnson how have you been doing? I just started. How much return do you get per month?
@@MaximoGamezDedicatus i want to know as well
Me too
Well worth the .00018 a month. Or 1$ for scrubs like me. Either way it’s a brilliant and easy way to invest our spare change into our futures
Same 😎
I go to watch this video and the ad is for acorns. 🤣 I'm dying
Lol part of the game
Wheewww chileee... You speak fast along with hand movements got my heart rate up lol. Good stuff though, I have $300 in my acorn app somehow... I signed up an forgot it was connected.
TimmyTTv im sorry but I laughed so hard at this😭😭😭 I have ur type of luck
L.E. Nichols that’s how it’s supposed to go lmao
@@cocute2000 lol
Like the T-shirt.
Listen this investing thing is the bomb and is absolutely better than nothing at all. That how ppl need to look at it esp those who just have a hard time saving. It’s so easy to spend money - every day we have to spend money to buy something and cos we are so used to it, it’s second nature. We spend spend spend which makes it extremely hard (so darn hard that some ppl just don’t know how to) save money. It is just mind blowing how much money can be made (can lose too but got to stick with solid companies) in the Market yet it’s the last place ppl shop at. (Since the pandemic more ppl have gotten in)
I think acorns is a worthy service to take advantage of but I also feel like it's important to have passive income to be able to invest on a monthly basis into yourself if you're struggling from day-to-day just to pay your bills and put food on the table where's the extra coming from to be able to invest? Some will said we'll start small start with $10 or $5 I don't know. The question is, is it worth it? I would say yes because with making a small investment today starting off with $5 or $10 can eventually change to the point where you can make a $100 or $150 or even $500 dollar investments into yourself. It all starts with taking the first step to practical smart saving strategies. Have I gotten there personally? No, that's why I have a GoFundMe set up trying to raise $600 to fix a car but with baby step's I can get there & you can to.
A lot of what you are saying, to me, extremely optimistic. While true that the Stock Market is high at over 27,300, back January 2018 it was 26,616. Also 2018 the Dow fell, for the first time in a decade. Since January, 2018 there has been an increase of roughly 2% in two years (or 1% yearly). Personally, I am staying out of the Market for the now, sticking to R/E. At least I have a certain degree of control over that.
I invested 42k since April 22 2019
😱 that’s awesome, what’s the goal for 2020
Amazing
What’s it at now
How would you invest that much what if you loose instead of gaining 😂
Lies 🙄
Mic drop! The best part about your portfolio is compound interest because your age. 💲💲💲💲💲
I have a similar portfolio, with this exception. I am 70% stocks with 30% bonds.
That’s pretty good, how’s it been performing so far
TommyBryson I’ve actually been enjoying higher returns from my eTrade account. With that said, I cannot complain.
I started with 10/month plus round up. However, I had a 26000 life insurance policy from when a loved one passed away. I blew 6000 and put 10000 into acorn and 10000 in sofi in fall 2019
How much have you gained from acorns since then?
How much have you gained since then?
What's up Tommy, I'm a young black accountant myself. I'm also leaning a bit on the conservative side, since I've been anticipating this market crash for months now. Good to know I'm not the only one who gets turned off by going 100% stocks. Great video bro, keep it up!
Can you talk or email
385.83 invested with $20 recurring payments. I've been making about $1 a month from my investment. I need to learn how to make more.
friendly reminder to use the app for shopping you would do anyway and gain "found money" ! ;)
Thanks for the dividends advice my Acorn portfolio is around $200 right now
What’s your goal and yeah for the moderately aggressive I calculated 2.35% average
Bitcoin and forex trading right now will be at every wise individuals list. In few months you'll be ecstatic with the decision you made today
EXACTLY!!
You're right forex has been helpful to me even if I'm not perfect
Aimi Yamamoto you need help from a professional broker who will guide and manage your account properly
I was in your shoes before I got recommended to Mrs Karen Brown who is my professional broker and guilder towards my forex trading and bitcoin
People remains out of ignorant towards investing
Hey 👋 I actually clicked subscribe and smashed the like. I appreciate this opportunity to invest in myself and my TH-cam. It’s worth the time supporting TH-camrs who are sharing investing tips and experience. Thank you for sharing
Acorn charges $3 a month now also I feel you can do the same concept like the same idea your doing with acorn on Robinhood and avoid that $3 a month charge from acorn. If your in it for the long run then just do what warren Buffett does buy blue chip stock or index funds and forget about the investment for 10+ years
It’s still 1$ for the basic, the problem with robinhood is the rebalancing of your portfolio
$108.03 to date but only in roundups
Step by step 😎
Aggressive...I have probably 15-18 working years left. When there’s a crash, I believe I have time to recover. Market crashes generally last a few months to maybe a year and a half, and then it’s back or at new highs.
Vanguard index fund investing (ETF) is the way to go, don’t bet heavy on beating the market!
I have a question. I’m moderate right now. I’m 35. And i have a couple thousand in acorn. Should I go aggressively or stay moderate
Yo tommy, I too dividend invest. Check out IVR. $2.80 per share and .50¢ per share dividend. They were hit hard by the rona and instead they recently payed in shares and .05¢ for the remainder. It’s a win win.
Were your dividends and earnings automatically reinvested into your portfolio, Or did you have to do that manually?
Coming from Webull..
....before Webull, i caught a headache with E-Trade
....now im with Acorn
But started originally with Cashapp stock trading(the easiest... but limited on stocks)
Alot of people use acorn and stash as beginner investors. Way to be consistent
Yeah it’s a great way to start with a small amount of money 😎
Great video and wonderful information.. I just started this week.. Set it up to do a $ 10.00 deposit once a week. I decided to be moderately aggressive 20/80.. :)
A great video to resurface. You reference your concerns with risky investing and potential market slow-down/crash.
I have about $7000 invested in Acorns I’ve been doing it consistently since about April of 2019
Kvnen hard to tell because I contribute about $600.00 on a monthly basis. 🤷🏿♂️
Kawhi Gold Wave Optic and Select are by far the best short term investments on the market now....these are going for around $1,000 or less - and the Lebrons are going for like $20K - WTF???. Kawhi is 6 years younger than Lebron, has a much higher winning percentage, his teammates actually like playing with , still has a full head of hair, and is way less prone to making stupid comments in the media on matters outside of basketball. I already scored as many of these as I could (the ones without any noticeable flaws). I love to give newbies in the Hobby helpful advice. The cards are super duper SSP and unnumbered (which is a good thing in this particular instance). There are literally hundreds, maybe thousands of the regular Optic and Select inserts. These cards are probably like #'d to 16 or less and his TRUE CLIPPERS ROOKIE CARDS in LA Uniforms.
You are welcome ;)
U know what when i think about it fine if I was getting referrals then yes. Those returns would be worth it. And the fee would be important.
If they had a management fee, I would leave
Candace v trust, they give you plenty of opportunity to get your own $5 referrals when using the app!
40 a day... that’s 280 a week... that’s too rich for my deadbeat blood, lol.
Yeah. Lol.. but that's only if u wish to get that type of return in 40 years. But u could go lower and use the profits to invest into something else. U dont have to go all in with Acorns. Just another vehicle to use as an investment
Well with this covid-19 ..tuhh..stock all over the place..
What do you suggest tho ? Acorns? Robin hood or go with someone like Fidelity investments?
If you want to put money in and forget about it, go with acorns. If you enjoy picking a choosing your own stocks, go with robinhood. I have both and robinhood is very easy to use
@@mikeylatham4902 👌🙌thanks😉
I have Acorn’s, Wealthfront, Robinhood & Fidelity. I know it’s a bit much😅 Once the market goes back up I’m getting rid of acorns. Acorn’s was better when it was free for students but they no longer have that. I do love the Round up & Found Money feature. But I feel like it encourages me to spend money I wouldn’t have otherwise which eats up into my profit. IMO, Wealthfront is a little better (than Acorn’s) overall bc they offer TLH and allows you to set recurring invests in it like Acorns. Betterment is also one worth looking into to as I hear it’s a little better than Wealth. I enjoy Robinhood bc I do enjoy picking my stocks to a degree. I’m new to Fidelity but they’re stocks available to buy that aren’t on Robinhood. Robinhood is significantly more user-friendly tho. So I find myself consistently opening the app, tracking & investing. I think it’s better to choose based on which investors suite your strategy, income & get you to actively invest. So personal preference is also something to consider. I’m by no means an expert, I’ve just tried many 😅
@@saranguyen2788 Ya know, I was thinking the same thing. Ive been using acorns for three months now and haven't seen a damn thing return wise. My robinhood has made profit from this pandemic. I think I'm dropping acorns.
Bro, I thank you for being clear and informative. Keep it up.
i have invested a year, started with 200 a week, so far 4-5% profit
lower than other investment profit
not worth i think
I like acorns because you always gain and it takes little to no experience, I got close to 5K in the app
How was that? U got nearly to 5k in round ups only? How long it took to get there?
What strategy is better on investing at acorn, lump sum or dollar cost averaging??.
One thing I still don't get about this investing game is that money grows as you invest, but the whole point is to put $100 for example and wait for it to grow to $1000 for example, instead of putting $100 every month to see the $1200 grow to $1500. What would be the point of that? To spend $1200 for only $300 profit... feels like I'm just giving away my money so it looks like it's growing but it actually isn't.
Fr
I’ve been waiting for this update. Can’t wait to reach 6,000 you’ve inspired me :)
Ayeee step by step
I’m using Acorn and M1 Finance to invest for my future. What are your thoughts regarding M1 Finance ?
M1 Finance is way better than Acorn. No $1 fee below $5k in assests, and no 0.25% management fee on top of ETF fees over $5k in assests.
Only serious issue with M1 Finance is it expects you to know what your doing.
Lol 😂 “expects you to know what your doing”. And m1 is pretty cool, you can copy an acorn portfolio into it. And acorn doesn’t have a management fee.
@@TommyBryson Opps! They removed the 0.25% fee as of April 2018 for assests over $5k. Now it is broken down into 3 different options. Standard $1 per month, $2 per month, and $3 per month.
Hey Tommy is your Acorns portfolio taxable or Retirement 401K account?
Acorns suggest I do moderate aggressive, according to the info I gave them. Should I switch to aggressive for the best outcome?
can you pick what company you invest in or is acorn doing that for you and you have no say except how aggressive or conservative models you pick?
Nice video keep up the good work best financial advice you tuber here!!!!
Thanks brother 😎
*Thanks for sharing this Tommy! I look forward to your next video!* 👍
Thanks brother 😎
I know how much we invest vary, but is your moderately aggressive portfolio same as mine or any other same portfolio? I mean all the stocks and it's distribution, are they same if it's a same portfolio. I am asking because my friend starting using acorn about two weeks ago on my recommendation, she is a risk taker, went with aggressive portfolio and already on a loss of about 3.5% which is about -$400. She is slightly worried, at this rate she would lose all her money in no time. What should she do? I have been with acorn for a yr now and I am having a pretty good experience and seeing a gain but I invest lot less than my friend.
Hey bro, I started investing in Acorns last year October. I have invested a total of $332.68, my invest account is currently value at $203.77, I have also withdrawn $130. My dividends is at $1.33. My portfolio is “moderately aggressive” I don’t know if I’m making money or losing money, I’m pretty brand new into investing. I’m not very knowledgeable about it. If you could comment on this and shed some information about it for me will be awesome bro thank you.
Hey, I’m 50 with no investments, if I want to start with Acorns what is your advice?
Can u choose what u invest in like oil etc. or does acorns invest for u like every other 401 or insurance policy????
I invested $1k a lil over a month ago and the last two weeks i lost money, about $25 but i am making money back again. And ive also been investing monthly so ive only made one monthly investment of $50 so far plus with the round ups, my acc is valued at $1,120.28 rn
Acorns sucks because it takes about a week to buy stock from when you start your deposit. If you’re trying to invest extra on days the market is low, you’ll probably get the opposite. The recurring deposits are crap too. The daily option is 7 days a week instead of just on trading days like Robinhood. Yo can’t dollar cost average when 3/7 of your stock is bought on Monday. Don’t waste your time with a profile recommendation either. Aggressive is the only one that makes $
Was this whole video an Acorn ad 🤦♂️ Dammit Tommy u got me..
Is there any drawback like 401K from works? Like taking 30% fkin Percent for taking out my own saving.... :V
(I didn't watch the video cuz I have no access to audio atm)
Is that money on your invest account tax free bro ?? I’m confused between later account and invest account.. can you help me please
im new to this i got a question since im new to investing when you start off with 10 dollars in acorn investment how do you grow the money do you keep puttin money in it im soo soorry this all new to me or once you invested does it grow by it self ?
I just started my acorns account a few week ago with only 15$ going in every week aggressive
Let’s goooo and why aggressive 😎I started with 7$
TommyBryson just got a new subscriber. Well I figure I’m still young so might as well go aggressive I like to make as much as I can plus with the round of feature and only 15$ a week it like money i would’ve spend on stupid thing anyway if that make sense lol
TommyBryson normally I blow my income tax money but this year I might let it all ride with acorn wish me luck 🤞🏼
I have about $200 in my invest account and $200 in my Later account and hope to be putting more in it! I also found out if I had $3,000 invested it would cover the $1 fee, so my goal is to at least get it there and then try to make it to $6,000! Is this possible? As long as I keep putting money into this it should be!
So how do you get paid investing then? If you cant take it out whenever you want? And if you do take it out you get taxed and can get penalized? So i guess after 1 year and 1 day i can take it out? But why would i take it out if it will keep growing? Thats why im asking how do you get paid?
Can you please do a acorns video on esg sustainable portfolio acorn just made a update not so long ago I am super behind on this 😀 also thank you for making all these amazing video for me to watch when I have time
Great video G I have about 1200$ in my acorns .
I found this video because I was not clear on what I was investing on Acorn I don't see any stocks or what the money is going towards. please help me understand this because I only send money to invest I don't get to pick what I invest in...… or can I choose??
Solid returns man! Clearly your strategy is working
Step by step 😎 it’s a long game
hi Tommy,i know this video is from november but can i ask what about taxes?when do we pay taxes on the money we make?
i got another question can u you use any bank account to invest right?
Not to rain on your parade, but this has been a great year to invest in stocks in general. Average market return is 29%.
You could have saved that $1 a month fee from Acorn and put your money in a free Fidelity total market fund (FZROX) and gotten a return of 29.45%.
When the market goes down, that’s where the etfs diversification’s will show their colors. That’s why my investments have bonds and international investment also. And the $1 fee has been paid for 6 years because of the dividends 😎
@@TommyBryson You can mix it with a bond Index mutual fund like FUAMX. The net expense ratio is 0.03% ($3 annually for every $10,000 in this fund).
Fidelity also offers a free international fund.
What are your thoughts on tax loss harvesting? Acorns does not provide that feature vs Wealthfront & betterment which do.
With regards to the part about assessing your risk tolerance. How are you screwed if the stock market takes a dive? You said you were in it for the long haul.
Moderately aggressive holds up pretty good I noticed, however in that moment when it does take a dive it’ll go down by a lot more than someone with more bonds in their portfolio.
And the thing is; say for example I’m in it for 40 years and on year 35 we get a crash, that’s a problem: so the goal is, the closer I get to the end, the more my portfolio will shift to less risk
I’ve been signed up for about a week now and my round ups alone is $22, but my question is when do I see my money grow? (I know this is a long term thing hence why I went with acorns) but I’m just curious when does it start to grow? And how will I know? (I’m new to inventing and the reason I chose acorns is due to its “self control” type nature. I don’t have time at all to be looking at stocks all day n doing research so I figured acorns can do most of the work)
There’s a section on the app that shows you a margin throughout of the day of the money you invested fluctuating, that’s how you’ll see how much money you have
Nice!!! my YTD return is 6.83% that amounted to $183.89
@ Mild conservative i upped it to mild aggressive
Let’s say I’m saving $2,000 a month. How much in your opinion how much should I put into stocks if I’m a complete beginner? Or should I just go with real estate or something else?
I’m in it for the long run as well
As a beginner, start with an amount you're willing to lose. Don't be greedy, and since you're in it for the long run, you're bound to make more. Keep it conservative till your knowledge in investing grows. For 2k a month, I'd suggest 1/4 in a moderately aggressive portfolio.
Whats better brokerage or Roth IRA?
how do you see what they put your money into?
Just learning how to invest. I want to invest in cannabis stocks. Does Acorn carry cannabis stocks?
love your content. I joined acorn because of you. Thanks!
@tommybryson thanks for ur video on acrons after watching it i have a little better understanding on how it works but I have a few questions; how do I reinvest my dividends? How often dividends are paid out? And I want to switch my portfolio will it come at a cost and will I lose my profits from my current portfolio?
Great questions
1. Dividends are automatically reinvested
2. They are paid out at different times, some monthly and quarterly
3. And no you don’t loose profits by switching portfolio
@@TommyBryson I am switching my portfolio an investing more.
Nice video. Tommy I have a question, if I invest $300 a month in acorns, how much would I make in a year?
I’m half and half, Still learning. Great video😊
Question when you go down in your stock do you keep track of your lost are do acorn keeps track of that
Acorns. Why would we keep track of that.
Did he say $500 was 5% of his monthly income? 120,000 a year is a lot 👀
Hahha lol
bein an accountant has its joys lol
I peeped that. I only got $10,000 as an answer. I suck at math. 😂
Nice strategy i must say. I didn't earn as much as this video claim but i earn about 3250usd every week and i don't do that using video
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are the potential charts (showing how much money you'll have over years) accurate ? mine shows i'll have 75,000 by the time i'm 30. i'm 20 now. my first investment was $300 one time payment, plus the roundups which came to about $10 & im also doing $100 a week. today was my first day downloading and investing in the app. please get back to me !! thank you
I'm tryna find somebody showing how much they make off dividends now after investing for 10 years bc in 20 too
I’m 21 would I be better off closing my savings account an putting it 20 percent of my income in acorns instead
6:08 on the money lol you were right. Question: I stated investing with acorn after the outbreak with just $10 weekly. Portfolio is set to aggressive with the intention of scaling back after the market recovers. Good plan or not really?
I don’t change the portfolio just invest more. Currently still on the moderately aggressive, to also buy bonds to help balance
Thanks for the advice bro. Keep doing what you do bud 👍🏽👍🏽
@@TommyBryson where can we start buying bonds from brother. I have a few thousand in acorn I’m 35 and plan to let it grow 20 years.
Great post as always. You gave Acorns fee of one dollar per month. You did not mention to your subscribers that you must agree to a Preauthorized Recurring Monthly ACH Debit. Some people may have a problem with any company having free will access to their bank account. Another point that I would like you to please offer subscribers is further detailed information on your choice of Acorns program. I believe Acorns has like 5 or 6 different programs from which to choose. Thank you again for your time, efforts and post.
Acorns has 3 different programs. $1, $2 and $3 are the 3 different packages
Hi what's up bro, I've been watching alot of your videos and wondered if you have any advice about person who dont live in the us, in place's like the Bahamas
I honestly don’t understand investing does anyone have a good way to learn? Most of these terms are being lost on me and I really want to learn.
I stared a month ago at $5.00 per day. I also stared an IRA at $25. per week.