Opinions on Acorn?

[Ronnie Bryan]

Hello Forum,

I downloaded the Acorn App and set up my EFT deposits of $10/Wk - $40/ Mo. No round-ups yet will have to have the account at $50 to start my first deposit. For a first-time investor other than 401k if you consider that an investment. This appears to be a good choice. Any feedback from experienced investors is welcomed. Thank you-Ronnie

 

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[mikecarlooch]

I think acorns is a good investment.. for acorns founders..

 

[Ronnie Bryan]

I think acorns is a good investment.. for acorns founders..

I do appreciate your response. It caused me to be more curious and seems this app has more cons than pros. I will have to verify my bank before closing my account. Just happy that all I invested was only $10. You saved me from giving too much money to these people. Not a bad test run.