Update on Acorns

acorns

As some of you may remember, back in May I posted about Saving Money With Acorns. Starting out I was unsure how comfortable I felt with using Acorns because outside of my 401k it was the first time that I was considering using an investment vehicle that utilized funds. So in the beginning I had some of my accounts setup to do the round ups plus I was adding just $10 a month. I felt this was a comfortable place to start with Acorns.

With such uncertainty in this new platform I decided to only set my portfolio up as Moderately Aggressive. Which consists of a mix of stocks and bonds from the following funds:


  • 15% VEA – Vanguard FTSE Developed Markets ETF
  • 7% LQD – iShares iBoxx $ Investment Grade Corporate Bond ETF
  • 8% SHY – iShares 1-3 Year Treasury Bond ETF
  • 20% VOO – Vanguard S&P 500 ETF
  • 30% VB – Vanguard Small Cap ETF
  • 10 %VNQ – Vanguard REIT Index ETF
  • 10% VWO – Vanguard FTSE Emerging Markets ETF

From the initiation until now I have saved $209.70. That includes the deduction of 2 monthly fees of $1 a piece. Currently the portfolio is worth $212.55. Thus far I have received $0.87 in dividends from this account. Overall this isn’t bad for a new account but I wanted to start returning more in dividends than it was costing me for the monthly fee. So I knew that I needed to make some changes to my Acorns portfolio.

Once I made up my mind to make some changes the first thing that I did was to increase my weekly contribution to $20. Then I decided to go for a more aggressive approach which consisted of the following funds:


  • 15% VEA – Vanguard FTSE Developed Markets ETF
  • 20% VOO – Vanguard S&P 500 ETF
  • 35% VB – Vanguard Small Cap ETF
  • 10 %VNQ – Vanguard REIT Index ETF
  • 20% VWO – Vanguard FTSE Emerging Markets ETF

Now my Acorns portfolio is allocated more to my liking now. I hope that this will help to get this portfolio growing. Only time will tell considering the markets are at all time highs. Regardless of what Mr. Market does I intend to keep investing in the market one way or another.

I also added my Acorns Portfolio to my Portfolio Page. Be aware though that it will only change when I manually do it. So I intend to update it at the beginning of the month when I post my monthly update.

If anyone else is using Acorns I would be very interested in hearing about your experience so far.

Be sure to follow my page on Facebook at Facebook.com/MoreDividendsdotcom
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As always I look forward to reading all of your comments and questions, until then….. happy investing!


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