Printer-friendly copy Email this topic to a friend
Lobby General Discussion topic #13177668

Subject: "That's what I'm saying. The more you invest, the less terrible this beco..." Previous topic | Next topic
PimpTrickGangstaClik
Member since Oct 06th 2005
15893 posts
Wed Jul-26-17 10:01 AM

Click to send private message to this authorClick to view this author's profileClick to add this author to your buddy list
16. "That's what I'm saying. The more you invest, the less terrible this beco..."
In response to In response to 12
Wed Jul-26-17 10:04 AM by PimpTrickGangstaClik

          

If you strictly round up, the fees are killing you to the point where they greatly outweigh any investment gains.

If you round up plus add a hundred bucks or so a month, it could be worthwhile. Definitely not a good investment, but you won't be losing right out the gate.

But at that point, the novelty of the app goes away. The round up feature doesn't really contribute much to even cover fees. It's the additional saving component that is useful. And you might as well use another less costly platform for that

Everybody keeps saying it's for people who don't have discipline. But you have to have the discipline to consciously save extra to make this thing worthwhile.

_______________________________________

  

Printer-friendly copy | Reply | Reply with quote


Pocket investments aka stack money while doin' nothing [View all] , double negative, Wed Jul-26-17 08:59 AM
 
Subject Author Message Date ID
What are the fees like?
Jul 26th 2017
1
FOCUSED
Jul 26th 2017
2
$1.25 per month for accounts with a balance under $5,000
Jul 26th 2017
3
      Sounds like a rip off to me
Jul 26th 2017
5
           I'm not exactly sure how to respond to you on this one.
Jul 26th 2017
6
           you're applying advanced sabermetrics to a little league game
Jul 26th 2017
8
           RE: Sounds like a rip off to me
Jul 26th 2017
12
          
                RE: That's what I'm saying. The more you invest, the less terrible this ...
Jul 26th 2017
18
                     I'm not trying to be all in your pockets, but how much did you deposit?
Jul 26th 2017
20
           baby steps Pimp.. you are on another level,
Jul 26th 2017
14
           I have a 401K, a savings account, a 529
Jul 26th 2017
21
I set it up last night but it's not activated yet. Takes 1 to 3 days
Jul 26th 2017
4
get it going. forget about it and then look at it a month from now
Jul 26th 2017
7
so did I, did an initial $20 and a recurring $20/month, for now
Jul 26th 2017
17
      I'm going to round up and maybe do the $1 per transaction
Jul 26th 2017
22
RE: Pocket investments aka stack money while doin' nothing
Jul 26th 2017
9
RE: Pocket investments aka stack money while doin' nothing
Jul 26th 2017
10
I've been using "digit" for a minute now..
Jul 26th 2017
11
Robinhood is....its a toy but its not.
Jul 26th 2017
13
      that's exactly how I got mines set up
Jul 26th 2017
15
Acorns won't let me do the round up from my Credit Union.
Jul 26th 2017
19

Lobby General Discussion topic #13177668 Previous topic | Next topic
Powered by DCForum+ Version 1.25
Copyright © DCScripts.com