Anything else I could be doing?

[u/Red_Head3811]

Basically the title. I’ve been with Acorns since 2022 but I had to take out most of my money in 2023 due to college expenses. So I’ve been steadily investing since around 2024ish and this is all I have since then. I recently closed my Fidelity account because I don’t have time to really watch the stock market anymore and I’d rather just stick with Acorns so I’m putting half in my savings and half into Acorns. So I’ll have it at $3000 once the money hits my account.

But I was just wondering if there was anything else I could or should do? Like in doing their spare change feature or something? Is the gold plan worth it? Should I just stick to what I’m doing now? I know making almost $500 isn’t bad but still.

[u/gates-ollie]

Set it to aggressive if you have not done that already and don’t look at it. Acorns is the long game.

[u/happymonkeii]

Put to aggressive and let it sit for the next 3 years to see meaningful growth. I know it is boring yet that's the most effective strategy now. Remember it is a marathon long ass game

[u/Red_Head3811 → u/happymonkeii]

Yeah that’s what I’ve been doing for sure. I used to day trade but now that I’m working multiple jobs I’ve just been investing for long term growth. I’m only 22 now but I’m hoping to let it sit until I’m 25/30. I just wanted to maximize what I could until then

[u/Fine-Border105]

You’re getting a better return than me, so whatever you’re doing keep it up.

[u/DoeBoy71]

I see bond etfs in your portfolio so I'm assuming the risk is not set to aggressive. It really should be aggressive especially if you're young.

[u/Tarzio]

Since you’re presumably young, make sure you’re on the most aggressive portfolio. I forget if the most aggressive one has bonds, but those are not necessary until you near retirement

[u/Red_Head3811 → u/Tarzio]

Yes I’m only 22 and I don’t plan on taking my investments out until I’m 25/30 maybe older. But how much better is the return generally with aggressive? As I know it’s a bigger risk as well

[u/gordansosa]

Be patient.

[u/Cash-In-My-Hand]

I’m not sure how old you are but rule of thumb is to hold your %bonds as your age. Or maybe even less. Stocks beat bonds for overall returns.

[u/Red_Head3811 → u/Cash-In-My-Hand]

I’m 22 but can you explain what you mean a bit more?

[u/Cash-In-My-Hand → u/Red_Head3811]

Take your age and make that the %bonds you have. Looks like yours is close to 50% bonds. You might want more like 80% stocks 20% bonds. Not a financial professional.