Introduction Acorns is a low-cost, easy passive investment solution that is ideal for beginning investors. While the app's user interface and educational content are geared for novices, the flat-fee structure is slightly more expensive than percentage-based costs for those just getting started (competitor Ellevest has a similar problem). That is to say, Acorns is probably best used by those who need a little push to save a little more, rather than newcomers with low balances seeking for the lowest alternative. Acorns began as a micro-investing app in 2012. Its name, in a figurative sense, explains what it accomplishes. A great oak tree begins with a little acorn, according to an old proverb. If you adhere to Acorns' manner of doing things, the same may be said about investing. Acorns automatically rounds up your purchases to the closest dollar and invests the difference in exchange-traded funds (ETFs). It charges a monthly fee ranging from $3 to $5. Acorns also allows you to s
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