However, it will cost you $15 a year if your entire portfolio is less than $5000 (0.275% for accounts in excess of $5,000), which is significantly less than a traditional broker. You get the ability to choose between five types of EFT (Exchange Traded Funds) portfolios, which range from conservative (cash and bonds) to aggressive investing (over 80% in equities).īest of all, Acorns is free to download. This allows younger and newer investors to circumvent the traditional barriers to stock investment, like buy-in prices, start-up capital, and high fees.Īcorns is customizable, with the ability to round up higher amounts if you want to funnel more money into your investments. AcornsĮver wanted to get rid of all that spare change jangling around in your pockets and put it to use?Īcorns is an app that links to your bank account and credit cards, rounding up your daily purchases and investing the remaining “change” into fractional shares. Just as our modern world is evolving, why should the holiday season and gift-giving be any different? To get with the times, did you know you can give the gift of stock investing?ĭid you know that there’s a whole slew of clever ways to give a new facet of financial responsibility (and fun!) that can give young investors and those new to handling the stock market an “in” to the rich world of investing? Here are 5 smart ways to give the gift of stock investing this holiday season. After all, no one wants another receive another pair of boring socks! With the holiday season approaching, everyone’s looking for a unique gift for our friends and family.
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