Acorns vs Goldco
Acorns is an investment app that automatically invests your spare change. Good for young investors to get into the habit. How does it compare to Goldco? Read our comparison chart below.
Acorns is geared towards young investors who have trouble saving. This investment app automatically rounds up and invests your spare change whenever you make a purchase. The service fee starts at $3/month for accounts. There is no minimum to open.
While Goldco is one of the most popular gold IRA companies. It stands out for its large selection of IRS-approved gold and silver coins, highest price buyback guarantee, and thousands of 5-star reviews. The minimum investment is $25,000.
Compare Acorns with Goldco, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
Acorns | Goldco | |
|---|---|---|
$20 Investment Bonus - | Free Gold IRA Kit - | |
Benefits and Features | ||
| Savings | ||
| Stock Trading | Part of service fee. No add-on trading fees. | |
| Options Trading | ||
| Annual Fee |
| |
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Checking | ||
| Mutual Fund Trading | ||
| Commission Free ETFs | A selection automatically chosen by Acorns | |
| Phone Support | ||
| Live Chat Support | ||
| Email Support | ||
| Human Advisors | ||
| Robo Advisor | ||
| Assets Under Management | ||
| Gold IRA |  | |
| Tax Loss Harvesting | ||
| Goal Tracker | ||
| Automatic Deposits | ||
| Broker Assisted Trades | Acorns automatically invest and trade for you | |
| Good For | Beginners; Passive investors; Those who have trouble saving/investing on their own | |
| Inactivity Fee | None, but you will keep paying the monthly fee | |
| Maintenance Fee | ||
| Online Platform | ||
| Setup Fee | ||
| iPhone App | ||
| Android App | ||
| Banking | Included in Acorns Personal ($3/mo). Free metal debit card, no minimum balance, no overdraft fees, and 55,000+ fee-free ATMs nationwide. | |
| Mobile App | ||
| Silver IRA | | |
| Platinum IRA | | |
| Palladium IRA | | |
| Two-Factor Authentication | ||
| Locations | ||
| Online Community | ||
| Seminars | ||
| Virtual Trading | ||
| Fractional Shares | ||
| Taxable Accounts | ||
| 401k Plans | ||
| IRA Accounts | ||
| Roth IRA Accounts | ||
| SEP IRA Accounts | ||
| Trust Accounts | ||
| 529 Plans | ||
CreditDonkey® Reviews | ||
| | |
| Annual Fee |   | |
| Minimum Deposit | |  |
| Customer Service | | |
| Mobile App | | |
| Ease of Use | | |
| Gold IRA | | |
| Fees | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Investment app that automatically invests your spare change. Good for young investors to get into the habit... | Very reputable Gold IRA account, but fees are higher than competitors... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Acorns: Pricing information from published website as of 09/28/2020. Goldco: The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50, as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage. Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over $25,000. | ||
$20 Investment Bonus
- Open an Acorns account (new users only)
- Set up the Recurring Investments feature
- Have your first investment be made successfully via the Recurring Investments feature
Free Gold IRA Kit
- Up to $10,000 in free silver for eligible customers
- Highest buyback price, guaranteed
- Endorsed by Sean Hannity and Chuck Norris
Get Up to $10,000 in Free Silver
Open a qualifying gold IRA and get up to $10,000 in free silver
Which is Better: Acorns or Goldco?
Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Acorns or Robinhood.
In short: Acorns' minimum deposit is outstanding. Goldco's customer service is outstanding.
Articles on Acorns
Acorn App Review
Is Acorns Legit
How to Make Money Using Acorns
Articles on Goldco
Goldco Review
Comments
Olivia Tabor from Texas
I have both Acorns and Robinhood and even though they each serve a different purpose I don't have the freedom of stock purchase that I really like. I believe Acorns diversifies for my needs more effectively.
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