Is Acorns a good investment strategy?

Acorns uses Modern Portfolio Theory to design its portfolios. MPT was created by Nobel Prize-winning economist Harry Markowitz, who won the prize for his work on MPT. This is a solid strategy, used by countless brokerages.

Is there anything better than Robinhood?

If you’re an active trader who wants a little more than what Robinhood offers, I recommend checking out Webull or TD Ameritrade. Both have incredibly robust trading platforms — I’m talking tech-heavy, professional-looking trading apps. Just a quick comparison: Webull also offers cryptocurrency, but they don’t do fractional shares or have cash management. TD Ameritrade offers pretty much any kind of tradable security besides crypto, and it also has a long list of account types. Webull and TD Ameritrade also both have margin lending and options trading.

Does Acorns actually make you money?

Yes, you can make money with Acorns, but Acorns is designed for long-term investing, much more of a passive investing strategy. You’re not trying to out-think the market or profit from any short-term price fluctuations, which is what a lot of investors have been attempting to do with Robinhood, and the platform allows for that kind of trading.