Micro Investing - A Question for Teens

 Here is an interesting micro investing concept that you might like to discuss with your students, it is called ACORNS.

Acorns co-founders Walter and Jeff Cruttenden have created a smart phone app which allows people to round up purchases and automatically invest spare change into a diversified portfolio. This app might change the way many of us invest.

A question for students to discuss might be: In light of all the stores that have been hacked into recently, how safe is this app? And would they consider using it as a way to invest – what are the pros and what are the cons?

Click on the links below for videos and news stories on ACORNS...

Spare Change Drive you Nuts? Trythe “Acorn”App
Source: Trish Regan and Matt Miller (Bloomberg Television’s “Street Smart”)

Turn Spare Change into Big Bucks
Source: Hadley Malcolm (USA Today Young Money)

Acorns app gives you a way to finally invest your spare change
Source: Seth Fiegerman (Mashable)

Acorns smartphone app brings investing to the masses
Source: Stu Robarts (GizMag)

 

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