Acorns- Investing in your future

Don't judge each day by the harvest you reap but by the seeds that you plant.- Robert Louis Stevenson

Most of you have probably already seen or heard this quote before. It is quite simple in meaning. The reward you reap in life is based on the work you have done in the past to earn it. You can't just wake up a doctor tomorrow unless you go to med school, you can't become a lawyer unless you pass your bar exam, you can't be wealthy unless you work hard, save, and invest, or your wealthy parents 'lend' you a small loan of a few million dollars. You need to save, and in today's world, most people do not do it, whether it's because of laziness, fear of the market, lack of knowledge on how, or you think you don't have the money to invest.

What is Acorns Investments?
It's quite simple, Acorns is an that teaching long time investment by investing your spare change. This process is called the Round-Ups process. Let's say you, after a long day at work, you decide to skip cooking for the day and go eat out. Now let's say you are a broke college student like me, so you minimize your receipt to $15.47, Acorns take the remaining 53 cents by rounding up your payment to $16. This money is then invested in the stock market, yes that 53 cents will actually make a difference 15-30 years from now but it would be quite silly of you to go to the stock market and invest your few cents everytime you purchase something now wouldn't it. What Acorns does is it waits for each penny to compile until they reach $5, and the 5 dollars is diversified in the stock market. Wow, it's that easy? Well, yes it is. There is a reason this app is credited with helping millennials be more care more about long-term investments.

You can boost your growths in two ways. One way is to make a one-time payment into your portfolio of $10 or more. Another way is by setting up recurring payments, this takes out money from your bank account either daily, weekly or monthly. Depend on which one you choose.

Now let's say for some reason you end up disliking Acorns or you don't want to hodl anymore, you can always take out your money, some or all. There is no hassle and they will give you everything without taking out a cent. What they do is they sell your stock in the market, then give you the payment. I do not know whether they make a loss or profit when they do this, all I know is they pay you everything.

How do I go about my Acorns Investment?
ISince I am more fascinated by the cryptocurrency world, here is my pan with my Acorns portfolio, I have a recurring payment, that alongside my round-Ups, are invested in the Stock Market. Every three months, I would withdraw half of my balance, which still leaves me with a few hundred dollars in my account and use it to purchase some crypto coins. The reason I do not want to take everything out, is I like to diversify my investment to prevent maximum loss.

At this current rate, I would have about $30,270 in my Acorns Portfolio 25 years from now. That is only a primary estimate. Since I would not be a broke college student in a few years, I would have the chance to buy more and as a result invest more in my Acorns account. If this post interests you and you want to sign up for Acorns, you can do so with this link, https://acorns.com/invite/WPB3DU. I will let you know that I will receive a gift if you use my referral link and you will also have $5 added to your portfolio to begin your journey. If you do not want to use my link, you can just search up acorns on your app store and download it. I did not post this for the money, I posted it because I believe it would benefit the Steem community.

I hope this post makes it to as many people as possible and I hope you guys enjoyed it. A huge thank you to those of you who read it. I would love to see your comments down below.

Disclaimer- This is only my opinion, am not a financial advisor. Do your own research before you make an investment, yada yada yada.This is only for informative or entertainment purposes. Don't sue me, I am already broke.