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# Acorns App Review 2016: Investing Made Easy

Are you looking for a simple and stress-free way to invest your money? If so, you may want to consider the Acorns app. Launched in 2014, Acorns has quickly become a popular investment tool for both novice and experienced investors. In this blog post, we’ll review the Acorns app and explain why it’s worth considering for your investment needs.

## What is Acorns?

Acorns is a micro-investing app that automatically invests your spare change. Here’s how it works:

1. First, you link your credit or debit card to the app.
2. Whenever you make a purchase, Acorns rounds up the transaction to the nearest dollar and invests the difference.
3. The app then invests the spare change into a diversified portfolio of ETFs (exchange-traded funds).

Acorns also offers a range of other investment options, including recurring investments, one-time investments, and Found Money (cashback from select partner brands).

## Features and Benefits

There are several features and benefits that make Acorns a popular choice for investors. Here are some of the most notable ones:

– **Automatic Investing:** Acorns makes investing easy by automatically investing your spare change. This means you don’t have to worry about manually investing your money or making investment decisions.
– **Diversified Portfolio:** Acorns invests your money into a diversified portfolio of ETFs. This helps to reduce risk and increase the chances of earning a positive return on your investment.
– **Low Fees:** Acorns charges a low monthly fee of $1 for accounts under $5,000 and 0.25% per year for accounts over $5,000. This is a much lower fee than what many traditional investment firms charge.
– **Educational Content:** Acorns provides educational content to help you learn more about investing and how to make the most of your money.
– **Found Money:** Acorns partners with select brands to offer cashback when you make purchases using your linked card. This cashback is then automatically invested into your account.

## User Interface and Experience

Acorns has a sleek and user-friendly interface that makes it easy to use. Here are some of the highlights:

– **Dashboard:** The dashboard provides an overview of your account, including your current balance, recent transactions, and investment performance.
– **Portfolio:** The portfolio tab shows you the breakdown of your investments and how they’re performing.
– **Settings:** The settings tab allows you to customize your investment preferences, such as your risk tolerance and recurring investments.
– **Customer Support:** Acorns offers customer support via email, phone, and in-app messaging.

## FAQs

Here are some frequently asked questions about the Acorns app:

### Is Acorns safe?

Yes, Acorns takes the security of your information and investments seriously. The app uses bank-level security and encryption to protect your data and investments.

### How much does Acorns cost?

Acorns charges a monthly fee of $1 for accounts under $5,000 and 0.25% per year for accounts over $5,000.

### What kind of investments does Acorns offer?

Acorns invests your money into a diversified portfolio of ETFs (exchange-traded funds).

### How do I withdraw my money from Acorns?

You can withdraw your money from Acorns at any time by transferring it back to your linked bank account.

### Can I use Acorns if I’m not based in the US?

No, Acorns is currently only available to US residents.

## Final Thoughts

Overall, the Acorns app is a great investment tool for anyone looking to start investing or make investing easier. With its automatic investing, low fees, and user-friendly interface, Acorns makes investing more accessible than ever before. If you’re interested in trying out the app, we recommend giving it a try and seeing how it works for you.

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