Acorns Biggest Update in YEARS
Вставка
- Опубліковано 5 лип 2024
- Acorns has just added the biggest new feature in years. Let's talk about the fine print and whether or not this fancy new IRA match is as exciting as it seems!
🐿Start investing with Acorns! Now get $20 when you use my invite link: www.acorns.com/brendan/
0:00 Intro
1:08 Overall description
1:22 What EXACTLY gets matched
2:12 Contribution limits
2:49 Big vesting period
3:18 TAXES?? Dont worry
4:21 How to lose the match
5:08 Withdrawing money
7:34 Things I don't like about this
12:25 Compared to 401k match
13:53 Getting Acorns for "free"?
15:05 Compared to Robinhood Gold IRA Match
15:24 Secret
⧉Join this channel to get access to perks:
/ @brendanevan
=====
📗Easily learn all the essentials of stock market investing in a single afternoon:
www.udemy.com/course/investin...
Digital Products I made for you:
Relationship Money Plan: brendanevan.gumroad.com/l/Rel...
Net Worth Tracker: brendanevan.gumroad.com/l/ZCeXo
Budgeting Spreadsheet: brendanevan.gumroad.com/l/Bre...
New Investor Checklist: brendanevan.gumroad.com/l/Inv...
Better Goal Template: brendanevan.gumroad.com/l/Goals
Memento Mori Life Grid: brendanevan.gumroad.com/l/BFA...
My Free Newsletter: brendanevan.substack.com/
My Early Retirement Projection Spreadsheet: brendanevan.gumroad.com/l/Ret...
=====
Services Worth Checking Out:
👨💻Data made easy with Fennel, the superpowered investing app: Free trial without a credit card AND get 1-12 months free!: fennel.sjv.io/c/2906384/195947...
📈M1 Finance Investing: (Get up to $100 when you start investing today! eligibility requirements apply To get it, invest at least $100 in an individual account or at least $500 in a retirement account)
m1.finance/td-bpuTpiT9T
🐿Start investing with Acorns! Now get $20 when you use my invite link: www.acorns.com/brendan/
🤿Want to dive deeper with an investing service built for the pros and available to everyone? Check out Interactive Brokers: www.interactivebrokers.com/mk...
📊Get 2-12 free stocks with WeBull after you make your first deposit! (The best app for getting free stocks. Remember, you MUST link your bank account or you get no free stocks!)
www.webull.com/k/BrendanEvan
💡Make informed decisions with deep investing tools and research with Seeking Alpha (My subscribers get 20% off plus the first 7 days free!): www.sahg6dtr.com/3146C9P/R74QP/
👩🏫 Learn more with Skillshare, my favorite online learning platform: skillshare.eqcm.net/c/2906384...
Sign up for Robinhood with my link and we'll both pick our own gift stock 🎁 join.robinhood.com/brendab533
(These are ALL affiliate links)
=====
🕰Make sure to check the time stamps to navigate to the most interesting parts easily.
🏎💨If I am talking too slowly, just click on the video settings option and look for “Playback Speed”. Changing this to 1.25x or 1.5x can make the video flow a little better if you want to pick up the pace!
📥Contact me here for business purposes: Brendan@brendanevan.com
#BrendanEvan
Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!
Updated Acorns Affiliate disclosure as of 4/9/24:
Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at www.acorns.com/brendan/ and Acorns.com.
^This doesn't mean I was paid to make this video, it means I have an affiliate relationship with the company which allows me to make money from you using my links to sign up for services.
Brendan, again, thank you so much for keeping us up to date with this new data, may I ask what is the difference between Roth IRA with Acorns vs Fidelity or Charles Schwab?
Thanks in advance.
@@Money_Chef there’s no difference in the account itself, mmmmaybe a few different investing options but that’s minimal. The noticeable difference is the service itself and any incentives they offer.
First! And finally another Acorns video I’ve been asking for weeks! Keep them coming!
I think the Robinhood match is the better route to take. Instead of paying $12 a month just to get this acorns match, you would make a ton more money in the market by putting that $12 into the market for free with Robinhood instead of paying acorns in my opinion. Thats with the free 1% IRA robinhood match
Could you do an updated video on your thoughts that if you regularly invest with acorns I.e $10 a week plus round ups will the rate of return based on your portfolio be good over time?
I use Robinhood and have been investing $10-40 a day depending on my funds for the month and im up 12%
Robinhood still has a better offering in my opinion
i think webull gets a 3% match for rollover... so this isn't good.
Mine was there when I went to later. “Squirrel holding dollar bill😂😂😂😂😂”
So I don't have a Later account set up but when I click "set up later" it very clearly states the new 3% match. Maybe it's more hidden if you already have it set up
@@Bmarts93 Just because you said that I had to check again and it was there! I activated! Thank you!
Just looking to trade and you want to pick your own stuff and risk it= Robinhood.
Looking for banking high apy checking and savings and investing and IRAs and custodial accounts basically everything after just trading stocks= Acorns
I love both of them for separate reasons and use both
What's with the axe? Not the first time it's been held and set down.
I know! I'm just asking questions
Bro I just left Acorns and you do a video like this and I just go back lol😂😂
If any broker gives me a dividend tracker and projected timeline, I'll swap in a heartbeat
Just direct deposit 250 to acorns and get all the free benefits and look at it as a saving account
Rain ☔️
Rain
401k offered by my employer is only 10c on the dollar, not dollar per dollar, kinda lame.
i have m1 finance.... way better. dont fall for the 1-3% match. they still make money on ya. many people will cash out before 4 years.
Brendan, I just saw in my email that if you upgraded to the $6 and and/or $12 a month Acorns will no longer waive your subscription fees. I can forward you the email if you wish.
@@chrisconsorte7893 well that’s interesting. Strange that the mighty oak section of the website still says it would be waived
@@BrendanEvan I found it rather odd too. Perhaps Acorns changed their minds?