Aussie Willy
Living in the land under the land down under
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- 29,893
Is anyone else using investing apps such as Acorns?
I have been using Acorns for a few months. So far the return for me has been about 2-3% which is a bit better than bank interest rate. At this stage I have about $350AU in it. However the thing I like about it the most is it invests "spare change". So you can save money without really thinking about it.
There is also found money where if you purchase through their partners those companies will put some money into your account. That hasn't been too bad for me either.
The administration fees in Australia at $1.25. Considering I have covered the admin fees so far with the returns and found money, I don't feel it is doing too badly.
I have been using Acorns for a few months. So far the return for me has been about 2-3% which is a bit better than bank interest rate. At this stage I have about $350AU in it. However the thing I like about it the most is it invests "spare change". So you can save money without really thinking about it.
There is also found money where if you purchase through their partners those companies will put some money into your account. That hasn't been too bad for me either.
The administration fees in Australia at $1.25. Considering I have covered the admin fees so far with the returns and found money, I don't feel it is doing too badly.
