r/acorns

▲ 17 r/acorns

23M Starting up an Acorns account

I never invested before and I decided that today will be the day that I get into it. I’m a 23 year old and I want to do this until I’m at least 50 years old. I set my recurring investment at $10/day with 10x multiplier of round ups, and aggressive risk. I am also using Acorns assist for the $1 a month subscription.

Any tips on what I should do or expect?

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u/SnooTangerines6395 — 15 hours ago
▲ 1 r/acorns

Has anyone been successful in getting referrals?

Currently have a $1500 bonus I’m trying to get but no idea where or how to promote.

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u/Horror_Ad41 — 19 hours ago
▲ 32 r/acorns

do you guys actually make money with acorns? if so, about how long did it take to see any increase?

hello, apologies for my ignorance since i don’t know very much at all about investing. i started using acorns back in january, and at first i just invested $5 a week with round-ups on. i wasn’t really making anything, so to get more out of it, i started doing $30 a week instead, keeping round-ups, a couple of months ago. obviously it’s july now, but even after this, i haven’t seen much, if any, improvement. it says i’ve made $5.18 total, but with the $3 monthly subscription fee, then of course i’ve just been losing money. i just have a part-time, basically minimum wage job right now, so i’m not making very much money in general. i’m not super keen on investing a bunch more money because of this, but i would add some more if i know for sure i’ll see some results. do i just need to wait for the stock market to be doing better, and/or just invest in more stocks? (i probably phrased that poorly) how much do you add if you’ve gained more than you’ve lost?

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u/trouble-in-space — 3 days ago
▲ 3 r/acorns

Referral

Hello! I have referred 5 people for a program. The first one to sign up did all the steps over 3 weeks ago and it still has him as "in progress." i only have two days left and the rest of them are "Confirming eligibility." Ive contacted support multiple times, who have said they cant tell me anything about someone elses account. My friend has contacted support and they tell him he should be good, and they give him a generic list as to why it didnt work, even though none of the reasons apply to us such as failing the time limit, not using the link ect. He obviously used the link and we have two days left. No support is helping and im running dangerously low on time.

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u/CptComplex — 3 days ago
▲ 7 r/acorns

Getting started ?

Hello I’m a 22/f and I’m trying to get better at saving because I have a bad habit of impulse buying 😭. I get paid decent for my age and want to know what’s the best thing to do with accorn.

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u/Whole_Stay9350 — 3 days ago
▲ 81 r/acorns

420 Milestone🥳

We’re only going up from here, my game plan is to try and reach $2,000 by the end of the year!

u/AgentOfArms — 4 days ago
▲ 17 r/acorns

YTD? How’s everyone’s year going?

10.75%, I do daily deposits, I’m on aggressive portfolio, no custom stocks and with bitcoin ETF. Comment your strategy and your year to date trying to find out how to maximize acorns.

u/Dry-Sorbet8989 — 5 days ago
▲ 9 r/acorns

What do you ultimately plan on using your funds for when you finally liquidate?

Personally I just crossed the $6,000 mark after about 2.5 years, I plan on using the balance to recast/refinance my mortgage.

I didn't liquidate when we funded buying the house last August, and after rates got crazy with the Strait of Hormuz drama I'm not confident we can refinance. Current rate is 5.875%. Recasting is always an option and I don't like to carry high expenses.

My mortgage lender requires a 10% minimum contribution on the outstanding balance of the loan, so once I hit that amount (and assuming I can't refinance first), that's what I'll be using my account balance for.

Curious what other people are using their accounts for, whether its for fun, investing, saving, etc..

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u/knishioner — 5 days ago
▲ 137 r/acorns

$140k club!

Im very happy making it to the $140k club!I invest $65 everyday & i also have a 529 account for my 8 year old son.Im on aggressive!Have any questions ask away!

u/sgtsavage2018 — 6 days ago
▲ 5 r/acorns

Transfer

Has anyone ever done a transfer before? I mean from one brokerage account to another? I’m closing one down that I have to move it into acorns and was wanting to know is that a smooth process 🤔

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u/ShadowReaml — 4 days ago
▲ 13 r/acorns

Roundups

Question: What do y’all have y’all round-ups set to? Just curious, I was thinking about switching to the gold membership because I wanted to explore some more finance things with it, and I thought about my roundup and was trying to figure out what’s a good number to set it at.

u/ShadowReaml — 6 days ago
▲ 23 r/acorns

Acorns for 23 y/o student?

I just started my Acorns account the other day and decided to start with $42/month in their bronze plan. I did some research on the plans and came up with the conclusion that at this age and this rate, I don’t really need silver or gold.

Can i get some tips on investing? I am a college student currently in an internship that’s paid and I’ll be getting hired in full time in a few months. I have other bills and thought that $40 would be ok?

These are the funds they gave me. Should i change them? I am thinking i may switch to $100/month. Just weighing my options. I don’t have round ups on and how do i set the aggressiveness?

u/Double_Fan_7136 — 6 days ago
▲ 11 r/acorns

How to maximize the use of Acorns?

Hello,

I've had my acorns account for a month or two now and I only have the regular investing at $10 a week and round-ups at 10x. I have the silver status on it. I have a Robinhood account that I haven't touched either with $20 in it. I also have a Roth IRA that's on a separate account from Acorns. I was messing around with the app and accidentally opened another Roth IRA. Sorry, just wanted to establish what I have.

For my questions:

  1. Is it worth it to upgrade to Gold status?
  2. What do I invest in and how do I determine what's best to invest in?
  3. How can I maximize my use of this app and maximize my return on investments?

I am 26 and I make $45,760 ($22/hr) a year at the supply chain company I work for. I haven't started my 401(k) yet. Any advice would greatly be appreciated. Thanks!

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u/manabang6 — 6 days ago
▲ 51 r/acorns

3.5% Gain?

Hi everyone! I started Acorns in February. I only have a 3.5% gain so far. My interest rate in my HYSA is higher than that. Is that only low because I just started? I am new to investing. My profile is set to aggressive because I am 22. Thanks!

u/baddie479 — 7 days ago
▲ 6 r/acorns

What is going on here with round ups??

Okay recently I switched the bank account I had linked with my Acorns my work one and at first I didn't realize that suddenly roundups were not turned on once I set it up. I've since done a couple changes like switching my account to aggressive versus not aggressive which I didn't realize it was on... And I have now selected to turn on roundups, entered my banking information again associated with this account, and well after I click to link it tells me I've linked an account but then it goes back to the screen to link a bank account. What is going on??

LOOK AT THE PICS I ATTACHED...

u/meganeh35 — 6 days ago
▲ 1 r/acorns

Company I worked for for 8 years sold to a new owner... 401k was optioned to be transferred or closed/withdrawn...

It was about 22k

So now I have a new 401k with the new boss but I opted to withdraw money I had in the account with the previous owner... I just bought a 12k car and figured it'd be nice it pay it off in full and not have a car payment...that's the nature of the economy we live in these days. So I did that...

Anyway, there's obviously about 10k left over; I just transferred it into my acorns account...

Dumb?

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u/OctoberRust13 — 7 days ago
▲ 23 r/acorns

Is paying for gold status really worth it??

Okay I've been using Acorns for a long while now and I'm just curious, is paying for gold status really worth it?? And if I'm investing just $300 a month right now, cause that's all I can do, how can I make the most of that money to where my earnings from investing make it so that at the end of the year I have definitely more than $3,600 (that's 300×12)... ?? Right now I have just under $1K saved with Acorns...

I'd rather turn that $3,600 Into $5K, but I understand that much might not be possible... Should I pick an ETF?? If so, which ones? I want to maximize my money to make the most I can...

This part is all new to me, I mean I know ETF stands for Exchange Traded Fund, but that'sabout it...

This one is what it looks like for me right now. (Pic shared) But what about others?? I mean I'm looking at the list of all ETF's, so what about things like Amazon, or Meta, or Google or any of those list of like 100 different options... ??

HELP!!!

u/meganeh35 — 11 days ago