Acorn Investing App Reviews. The app will then recommend an efficient portfolio for you. While acorns definitely isn’t intended to replace your 401k at work, it can help you pay for some of life’s smaller expenses like a vacation or buying a new phone with cash.
As an acorns user, you’ll download the acorns app and answer a few questions. Logging into the acorns app allows you to view your portfolio, check the performance of your index funds, see what the market is doing, and much more. This app is operated by acorns advisers, llc, an sec registered investment advisor.
Is the acorns investment app a scam?
It used to be that this fee was deducted from your investment balance but the app has since changed this policy and now pulls its monthly buck straight from your bank account. It costs $1,000 to $3,000 to open a vanguard account. The idea behind acorns is that “anyone can grow wealth,” and you can start by investing your spare change. Is the acorns investment app a scam?
