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Betterment Vs. Acorns: Which Is Better For Investing? A Detailed Analysis

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Do you want to start investing but need help figuring out how to begin? Robo-advisors will save the day!

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To determine the best app for you, we’ll discuss 2 of the most popular platforms: Betterment vs. Acorns.

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What Is Acorns?

Acorns is an investment app that invests your cash through a relatively unique feature known as Round-Ups.

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What Is Betterment?

Betterment is one of the leading robo-advisors in the US, whose purpose is to make the best financial and investing decisions for your money.

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Acorns Pros

- Automatically invests the spare change. - A low-cost investment portfolio with limited risks.

Betterment Pros

- Management fees are low. Tax management features like tax-loss harvesting.

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Acorns Cons

- Fees apply for accessing the checking account. - No human advisor is available.

Betterment Cons

- Direct indexing is not available. - No custodial accounts.

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The app you choose should match your investment style and preferences at the end of the day.

Betterment Vs. Acorns

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