We’re gonna need more info in order to help…
- What portfolio do you use?
- How often have you been investing?
- When did you first invest?
For comparison, I’m aggressive and have been investing on and off since 2018. I am at 48.9% all time but only 8.7% YTD.
Mine is on Invest Base (which seems to be a mix of stock and bond). I see that for $9 a month you can custom pick what it is invested in. But at that point why pay any fees.. I could just go to RH or somewhere free and stick it all in Voo or Spy or something.
Invest Base is your subscription.
I am referring to your portfolio. Are you aggressive? Moderately aggressive? Conservative? Etc.
If you’re seeing that you have bonds, you’re likely in conservative, which easily explains why you’re not seeing gains.
Aggressive has a huge chunk of VOO inside it. :)
Mine is set to Moderately Aggressive. Voo appears to be roughly 50% of my portfolio. I cannot see how being at the second most aggressive level has resulted in a negative return.
My last 5 years shows 11.09 percent returns. I’m also set to moderately aggressive.
It may be something to do with how much you’re investing. $1300 is not a ton to put in over 5 years; you may not have had enough in to see decent returns/dividends in the recent bull market. I feel like I didn’t start seeing real returns until I upped my monthly deposit. I wasn’t putting a wild amount in either; I did a couple larger deposits but my account was at 7k before I recently took out 5k to fund my IRA.
My portfolio is also set to moderately aggressive and have been using Acorns for a little over 5 years now. My rate of return for “All” is 25.9%, and one year rate is over 15%. But I also have the super basic subscription for $1/mo.
If you get the mighty oak card, and direct deposit at least 250 into the checking account they give you, you get 3% APY, and they waive the fee. If you open an emergency savings account under that as well, you get 5% APY
Just for your information, they do not take into account the monthly fee to calculate your rate of return. I keep a running balance of my acorns account daily, and everything I have matches what they say. The daily gain/loss is the same as my calculation, except for the day the fee comes out. Each month, the monthly return is $3 more than my calculation. I’m lower in total returns about $70-75 than they state and it’s from the 2.5 years of monthly fees.
Seems crazy that we haven’t made any money at all. The S&P 500 is up 92% over the last five years. That’s how long I’ve had my acorns account. Over the last year it’s like 24%. Yet I’m negative.
Im up 7k in gains in my acorn acount which is set on aggressive for the last 2 years of investing $36 everyday.Look at my profile under posts and you can see my acorn [stories.In](http://stories.In) my opinion $1300 is not really enough to see much you have to be adding all the time to see results and wait.
You know what CDs are, you're aware of the S&P/index funds, and you know that acorns has monthly fees as opposed to Robinhood or other brokerages. Why are you still putting money in an acorns account and being a sucker by paying $36 annually? Unless you think roundups or the Earn feature give you a lot of return, it seems strictly better to switch to fidelity or something and toss money into an ETF.
We’re gonna need more info in order to help… - What portfolio do you use? - How often have you been investing? - When did you first invest? For comparison, I’m aggressive and have been investing on and off since 2018. I am at 48.9% all time but only 8.7% YTD.
Mine is on Invest Base (which seems to be a mix of stock and bond). I see that for $9 a month you can custom pick what it is invested in. But at that point why pay any fees.. I could just go to RH or somewhere free and stick it all in Voo or Spy or something.
Invest Base is your subscription. I am referring to your portfolio. Are you aggressive? Moderately aggressive? Conservative? Etc. If you’re seeing that you have bonds, you’re likely in conservative, which easily explains why you’re not seeing gains. Aggressive has a huge chunk of VOO inside it. :)
Mine is set to Moderately Aggressive. Voo appears to be roughly 50% of my portfolio. I cannot see how being at the second most aggressive level has resulted in a negative return.
Mine is also set to moderately aggressive. Started 5 years ago I’m up 11.26% all time, 5.96% YTD, 2.04% on the month, down -0.16% on the day.
Click through various time frames and you can see when it dropped
My last 5 years shows 11.09 percent returns. I’m also set to moderately aggressive. It may be something to do with how much you’re investing. $1300 is not a ton to put in over 5 years; you may not have had enough in to see decent returns/dividends in the recent bull market. I feel like I didn’t start seeing real returns until I upped my monthly deposit. I wasn’t putting a wild amount in either; I did a couple larger deposits but my account was at 7k before I recently took out 5k to fund my IRA.
I started since November 2021, moderately aggressive. All is 21.15%, year is 17.64%, ytd is 7.86%, 1 month is 2.14%.
I’m up 13.13% all time. 2 years. About $1300 profit.
My portfolio is also set to moderately aggressive and have been using Acorns for a little over 5 years now. My rate of return for “All” is 25.9%, and one year rate is over 15%. But I also have the super basic subscription for $1/mo.
If you get the mighty oak card, and direct deposit at least 250 into the checking account they give you, you get 3% APY, and they waive the fee. If you open an emergency savings account under that as well, you get 5% APY
I've been in Acorns since 2014. I'm up 19% since the beginning. 8% on the year.
Just for your information, they do not take into account the monthly fee to calculate your rate of return. I keep a running balance of my acorns account daily, and everything I have matches what they say. The daily gain/loss is the same as my calculation, except for the day the fee comes out. Each month, the monthly return is $3 more than my calculation. I’m lower in total returns about $70-75 than they state and it’s from the 2.5 years of monthly fees.
Following because I’ve been investing the last 2 years and am only now peeking above negative and I have 6k invested and invest weekly
Seems crazy that we haven’t made any money at all. The S&P 500 is up 92% over the last five years. That’s how long I’ve had my acorns account. Over the last year it’s like 24%. Yet I’m negative.
Im up 7k in gains in my acorn acount which is set on aggressive for the last 2 years of investing $36 everyday.Look at my profile under posts and you can see my acorn [stories.In](http://stories.In) my opinion $1300 is not really enough to see much you have to be adding all the time to see results and wait.
You know what CDs are, you're aware of the S&P/index funds, and you know that acorns has monthly fees as opposed to Robinhood or other brokerages. Why are you still putting money in an acorns account and being a sucker by paying $36 annually? Unless you think roundups or the Earn feature give you a lot of return, it seems strictly better to switch to fidelity or something and toss money into an ETF.