Acorn App Reviews – Acorns is the perfect option from start to finish for investors who want a hands-off investment experience. With Acorns, you don’t have to worry about setting up funds to invest every month — the app will manage it for you by rounding downs, “found money,” and ongoing investment. Acorns uses a variety of queries to find out how your assets are distributed and then assigns your funds to a particular ETF portfolio.
Acorns uses the same six funds for each investor but varies the distribution of assets according to your objectives and risk tolerance. The funds are a combination of businesses, markets, property and bonds.
Acorns are more costly than other investment applications on the market. Most have no fees, but the fees of Acorn begin at $1 a month. This might not sound much, but if a limited amount of capital has been invested it may add up to a big proportion of your portfolio.