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Acorn Investment: A Beginner's Guide to Automated Micro-Investing

 
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Learn about Acorns' automated investing platform for beginners in ETFs.

what is acorn investment

Acorns is a fintech company best known as a micro-investing platform that allows users to set up automated investments into a portfolio through Round-Ups. Acorns Invest is an automated investing platform for beginners to invest in ETFs through various brokerage account options. Institutional Class shares of Columbia Acorn International returned 0.49% in the second quarter, outperforming the benchmark.

We're excited to announce the launch of Custom Portfolios, our new feature that lets add individual securities to your already diversified portfolio. Paid non-client promotion. NerdWallet doesn't invest its money with this provider, but they are our referral partner – so we get paid only. Acorns rounds your purchases up to the nearest dollar and automatically invests the change in exchange-traded funds (ETFs). It charges a monthly fee between $3.

Institutional Class shares of Columbia Acorn Fund returned -6.01% in the second quarter of 2024. Click here for the full commentary. Acorns is a unique robo-advisor, with the objective of making it easy to start investing and saving for your future by automatically investing your “spare change.” Use the Acorns compound interest calculator to see how your money could potentially grow over time with the power of compounding.

Acorn Investment is a popular micro-investing platform for beginners. It offers automated investments into a diversified portfolio through Round-Ups. The platform rounds up your purchases to the nearest dollar and invests the change in ETFs. Acorns charges a monthly fee for its services.

Institutional Class shares of Columbia Acorn International and Columbia Acorn Fund have shown varying returns in recent quarters. The company has introduced Custom Portfolios as a new feature, allowing users to add individual securities to their portfolios. Acorns is known for its user-friendly interface and goal of simplifying the investment process for beginners.

Overall, Acorn Investment is a research-based platform that aims to make investing accessible to everyone. With its automated features and emphasis on long-term saving and investing, Acorns is a popular choice for those looking to start building their financial future.

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