Leaving Acorns and Why You Should Too

It's been a long time coming, but it's finally time to leave the Acorns platform in the past. Acorns is costing you more than you think and I explain it all here.

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Disclaimers:

I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely.

Thank you for all your support as always! Love y’all!

[ChrisFlakooHernandez]

Now with the Mighty Oak, if you, in a monthly calendar deposit a minimum of $250 -- they'll waive your fees. basically investing for free if you have a direct deposit

[anthonysalazar]

My fee is $3.00 a month for Investment and Roth IRA. I only get my gas at Chevron, with all the other simply spend features I don’t pay any fees.

[コロコロの遊び場]

Acorns chooses which stock to invest in where they know by how much it'll help you grow.
They do that for you unlike other stock apps where you have to choose it yourself.
So basically, you got a professional investing for you buying and selling stocks by paying $3/month fee.
It's cheap if you think it that way if you don't know anything about investing whatsoever.
Better than investing on some random stock of your choice not knowing by how much that stock would grow

[darrellowens]

Acorn is a good start for beginners the round ups are good money is growing an u not thinking about it an they also educate u it actually open the door on other platform my next move is moomoo so I'm getting better I'm a rookie so acorn is a building block until I level up

[TheCemonthegreat]

I'm still rocking with it. You have a 40 year plan, and your logic kind of makes sense to me.
But I got a 20 year plan and will take the small losses from the subscription fee.

[djg-roy]

Acorns helped me get started in investment and it has helped me come disciplined when it comes to spending. I am still keep Acorns because of the features. I will say I am not much of a fan of the fees. I hope that things will change for the better.

[Alexedmartin.]

To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made😊

[louiedangelo]

lol dude complaining about $9 a month im done. I have over 10K saved on my acorn account that i would have never saved on my own and up 18% on my money .
I take this acorn app as a saving account long term, i have other investments stocks and crypto. Roundups are a real cool feature.

[trieet]

I had both brokerage and Roth IRA on fidelity, they charges 9.25% total on both accounts annually.
Switched and stayed with acorn ever since and never looked back.

[deeayy]

You will lose if you dont put money in, 200 a week and the returns pay the subscription itself and im up, if your worried about 100 a year then you shouldnt invest just saying

[CommandoX]

Even one dollar per month can be a lot, depending upon one's account-size: for a thousand-dollar balance, for instance, it equates to 1.20% of assets-under-management -- and, when that "management" involves a basic robo-advisory arrangement, it all manifests as a tremendously poor value for the client.

[RobAlfieInostrozaLindley]

So what are these other platforms that are for free? Thx

[SoloHare]

How do i go about moving my funds from acorns to another investing account like fidelity or M1

[joshgamingworld]

I left them years ago. Fees are too high

[darrisd.brooksjr]

I'm just starting investing with acorn. Acorn is going to be my launching pad into investing. But I am going to check out fidelity as well.

[LauraCdqbc]

Great video-appreciate you mentioning other options

[aronvargas]

So overall is Acorns bad to start with investing obviously not stick with it long term but just a way to start with investing and banking ?. Just looking to start investing and definitely trying to find a different way of banking aside from Bank of America which is horrible and I don’t trust them with my money

[NERDANANZI]

All I wanna know is if it makes money that I can pull out 😂

[LongListOfErrors]

It’s not timing the market it’s time in the market-Peter Lynch

[bushbombb]

You miss the point. Acorn makes investing look fun and easy to get the average person with fidelity. It is confusing; not all individuals with little knowledge will get understand the other site.