Is Acorns a good investment platform for beginners?

Asked 3 years ago

What types of accounts do Acorns offer, and is it a good idea to use them if I have no previous investment experience?

Andia Rispah Igobwa

Thursday, November 11, 2021

Acorns is one of the best investing apps if you want to start investing with little money. They don't require a minimum balance. It's a fantastic option for beginners, and the app is incredibly simple to use.

Who Is Acorns Best For?

Acorns is ideal for people who are new to investing or don't have the time to learn about the stock market. It's an excellent approach for young people who don't have a 401(k) or other retirement accounts to save and grow their money without effort.

Acorns is best for:

  1. People who struggle to save
  2. Hands-off investors
  3. Custodial accounts for kids

If you're ready to start saving and investing your money, now is the time.

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