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| Wealthfront offers a cash (i.e. savings) account. | | Wealthfront offers a cash (i.e. savings) account. |
| This account is distributed between 4 banks so it is FDIC Insured up to $1 million | | This account is distributed between 4 banks so it is FDIC Insured up to $1 million |
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| ===Acorns===
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| {{ main | Acorns (company) }}
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| Acorns is a robo-investor. They charge a flat monthly fee of $1.
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| You can select between 5 different portfolios of ETFs based on your risk level.
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| Acorns invests in the following ETFs:
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| * Large Company Stock (VOO)
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| * International Large Company Stocks (VEA)
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| * Small Company Stock (VB)
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| * Corporate Bonds (LQD)
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| * Government Bonds (SHY)
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| * Real Estate Stock (VNQ)
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| * Emerging Market Stock (VWO)
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| ;Notes
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| * Acorns charges $50 per ETF to transfer out via ACAT.
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| *: I no longer recommend Acorns since they can change their portfolio at any time and it will cost you $350 to transfer out.
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| *: Other brokers typically charge a much lower fixed rate to transfer out, if at all. E.g. Robinhood charges $75 and Vanguard doesn't charge anything.
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| ====Later====
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| Acorns later is an IRA account. You need to upgrade to the $3 tier to get it.<br>
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| They offer a traditional IRA, Roth IRA, and SEP IRA.<br>
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| You can signup and deposit money but you have no other choices.<br>
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| Your portfolio is selected by Acorns based on your age.
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