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Once you’ve accumulated in round-up savings, the app invests the money for you in a portfolio of your choosing.
Read on to find out all you need to know about investment apps.
We’ll periodically update this post with new apps and reviews.
Fees: Betterment currently offers a promotion of up to six months for free.
After that, fees are relatively low — 0.35% per year on accounts with a minimum monthly auto deposit of $100 and 0.15% for accounts that hold at least $100,000.
How it works: Betterment is a service that pretty much takes all the guesswork out of investing.
Users input their investment goals, and the app suggests individual portfolios based on an investor’s risk tolerance and goals.
But beware: If you do not contribute at least 0 to your Betterment account each month, they’ll hit you with a hefty fee.
Making withdrawals: Betterment does not charge any fees or a penalty for making withdrawals, which usually take four to five business days to process.
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This compensation from our advertising partners may impact how and where products appear on the site (including for example, the order in which they appear).
How it works: Acorns is an app that is designed to help users invest their spare change by rounding up purchases to the dollar.Tags: Adult Dating, affair dating, sex dating