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acorns for investment

Investing made simple: Acorns and micro-investing apps

10 Apr 2016
Simon - amaysim blogger

Simon

amaysim's customer guy

A wise person once said 'take care of the cents, and the dollars will take care of themselves,' but what if you have more spare change weighing down your pockets than you know what to do with?

Acorns won't come to your house and collect all your shrapnel, but it will help you make some serious dollars out of spare coins by taking that all-important first step towards building your first shares portfolio. Acorns is a buzzed-about new app that squirrels away your electronic cents in tiny amounts called 'micro-investments'. I know, I know... Investing seems like a snore of a topic at first, but the great thing about micro-investment platforms is that they make investing simple, accessible and totally plausible for anybody with a smartphone and a bank card. I'm no stockbroker or investment expert, so here are just my thoughts on how awesome Acorns is and how it can help kick-start your own investment portfolio.

What is micro-investing?

It's all in the name: investing small amounts of your spare-change cash into stocks and bonds. Micro-investment platforms have caused a buzz in the US since they first emerged about a year ago, and their technology of choice is the smartphone app. The key players in this new field are Acorns, SnapSave and First Step.

How does Acorns work?

Think of Acorns like an electronic piggy bank. Rather than leaving coins scattered around your car or lost beneath the sofa cushions, Acorns will squirrel away the virtual 'spare change' from your everyday purchases and invest it into a shares portfolio.

After you download the Acorns app, you just link it up to your payment card of choice. Every time you make a payment with that card, Acorns will automatically round up the total amount you've spent to the next whole dollar. Your purchase is paid for in full, and the spare change left over from the whole dollar amount is invested, literally a few cents at a time.

So, let's say your usual morning coffee costs you $3.50. With Acorns, if you pay for the coffee with your debit or credit card, the total paid will be $4.00. $3.50 goes towards your daily caffeine hit, and $0.50 is added to your Acorns account. Simple, right?

Every time the round-up payments to your Acorns account add up to the $5 threshold, your money is invested.

If you're extra keen you can also make extra investments, and add to your funds with recurring daily, weekly or monthly payments, or standalone lump sums.

Where will Acorns invest my money?

It's up to you. Acorns give you the choice of investing your money in one of five portfolios that were developed with a Nobel Prize winning economist (fancy!). The portfolios range from 'Conservative' (low risk) to 'Aggressive' (high risk), so whether you're a Cautious Clarence, a Wolf of Wall Street, or somewhere in between, there will be a portfolio to suit you.

And what if you change your mind? No drama. You can switch your funds between the five portfolios at no extra cost.

Is it safe?

Acorns are very serious about security, using bank-level encryption and strict ID verification. Nothing is stored on your phone, so you don't need to worry if your phone ends up in the wrong hands, and your invested funds are insured against fraud and crimes.

How much will this cost me?

The app charges users a $1.25 monthly account fee for holdings under $5,000.

What's the difference between Acorns and going to a brick-and-mortar stockbroker?

Acorns is a great first step for investing. The interface is easy to navigate, the functionality is clear and the small round-up investment amounts are barely noticeable amongst your average day-to-day costs. Your account is accessible to you 24-hours a day, and the choice of five portfolios simplifies what could be an intimidating and complex amount of choices. Most importantly it offers peace of mind for your money matters. Invest with ease, withdraw funds whenever you like because you're in control.

So that's the rundown on micro-investing and how Acorns can put your spare change to good use. Any questions? Hit me up in the comments below.

Cheers,
Simon – amaysim's billing guy

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Enola Holmes

Everything coming to Stan & Netflix Australia in September 2020

26 Aug 2020

Despite warmer weather conditions creeping into the mix over the past few weeks, spending more time indoors has become the new norm for many of us, which naturally leads to a ton of content being enjoyed from the comfort of our own homes.

Thankfully Australia's two most prominent streaming services continue to deliver the goods, with Stan and Netflix once again set to debut a stack of exciting new releases this September.

Netflix's lineup is headlined by Enola Holmes. Based on the book series by Nancy Springer, the mystery film stars Millie Bobby Brown and centers upon the story of the teenage sister of Sherlock Holmes.

Meanwhile, Young Wallander is a new noir crime thriller that's well worth a look and follows the formative years of Swedish detective Kurt Wallander.

For those looking for a good thriller to sink your teeth into, check out Charlie Kaufman’s psychological film I’m Thinking Of Ending Things. Starring the talented duo of Jessie Buckley and Jesse Plemons, the film brings some rather interesting themes to the table around escapism.

On the documentary front, keep an eye out for Chef’s Table: BBQ. The acclaimedseries returns for its latest iteration on September 2, delving into the smoky world of barbecue.

Oh and before we forget, did we mention all ten seasons of Friends will arrive on September 17? Bless you Netflix.

Check out the complete list of new shows and movies coming to Netflix Australia this September and get ready for another huge month of at-home streaming.

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    Netflix Australia Original TV

    • Young Wallander (3 September)
    • Away (4 September)
    • Record of Youth (7 September)
    • Get Organized with The Home Edit (9 September)
    • The Gift: Season 2 (10 September)
    • The Duchess (11 September)
    • Family Business: Season 2 (11 September)
    • Close Enough (14 September)
    • Taco Chronicles: Volume 2 (15 September)
    • Baby: Season 3 (16 September)
    • MeatEater: Season 9 (16 September)
    • Signs: Season 2 (16 September)
    • Criminal: UK: Season 2 (16 September)
    • Sing On! (16 September)
    • The Last Word (17 September)
    • Ratched (18 September)
    • American Barbecue Showdown (18 September)
    • Jack Whitehall: Travels with My Father: Season 4 (22 September)
    • Romance On The Menu (24 September)
    • Sneakerheads (25 September)
    • The School Nurse Files (25 September)
    • Country-Ish (25 September)
    • Whose Vote Counts, Explained (28 September)
    • Private Lives (Coming in September)

    Netflix Australia Films

    • La Partita (1 September)
    • Freaks – You’re One of Us (2 September)
    • Love, Guaranteed (3 September)
    • I’m Thinking of Ending Things (4 September)
    • Mignonnes (9 September)
    • Corazón loco (9 September)
    • The Babysitter: Killer Queen (10 September)
    • Se busca papá (11 September)
    • The Paramedic (16 September)
    • The Devil All The Time (16 September)
    • Enola Holmes (23 September)

    Netflix Australia Original Comedy

    • Felipe Esparza: Bad Decisions (1 September)
    • Afonso Padilha: Alma de Pobre (3 September)
    • Michael McIntyre: Showman (15 September)
    • Michelle Buteau: Welcome to Buteaupia (29 September)

    Netflix Australia Original Documentaries

    • Chef’s Table: BBQ (2 September)
    • Bad Boy Billionaires: India (2 September)
    • My Octopus Teacher (7 September)
    • The Social Dilemma (9 September)
    • La Línea: Shadow of Narco (9 September)
    • Hope Frozen: A Quest to Live Twice (15 September)
    • Challenger: The Final Flight (16 September)
    • GIMS: On the Record (Coming Soon)
    • A Love Song for Latasha (21 September)
    • The Playbook (22 September)
    • The Chef Show: Season 2 (24 September)
    • A Perfect Crime (25 September)
    • American Murder: The Family Next Door (30 September)
    • ARASHI’s Diary Voyage ep12 (Coming Soon)

    Netflix Australia Kids & Family

    • The Boss Baby: Get That Baby! (1 September)
    • True: Friendship Day (1 September)
    • Bookmarks: Celebrating Black Voices (1 September)
    • Spirit Riding Free: Riding Academy: Part 2 (4 September)
    • StarBeam: Season 2 (8 September)
    • Julie and the Phantoms (10 September)
    • Pets United (11 September)
    • Izzy’s Koala World (15 September)
    • Jurassic World Camp Cretaceous (18 September)
    • Chico Bon Bon: Monkey with a Tool Belt: Season 3 (22 September)
    • Mighty Express (22 September)

    Netflix Australia Original Anime

    • The Idhun Chronicles (10 September)
    • Dragon’s Dogma (17 September)

    The Rest

    • A Star Is Born (1 September)
    • The Theory of Everything (4 September)
    • Ride Along (4 September)
    • Friends: Season 1-10 (17 September)
    • Birds of Prey (And the Fantabulous Emancipation of One Harley Quinn) (28 September)
    • Instant Family (28 September)

    Stan Australia - September 2020 Release Schedule

    Stan has been dropping nothing but gems in 2020, with exclusives such as Yellowstone, Better Call Saul and Billions keeping plenty of Aussies entertained throughout the winter months.


    September's lineup is looking spicy, with a spin off to the hit series Power set to premiere exclusively on Stan on September 6. Power Book II: Ghost picks up after the events of the Power season finale, as Tariq tries to deal with the aftermath of his father's death.

    Other September highlights include The Comey Rule. Based on the New York Times bestselling book A Higher Loyalty, the two part mini-series dives into the events surrounding the 2016 American presidential election and is shaping up to be a must watch.

    Finally, before we wrap things up, if you've recently watched Tenet or are simply a fan of Robert Pattinson, you'll be stoked to hear the entire Twilight film saga will be coming to Stan on September 17.

    Check out the complete list of new content coming to Stan in September 2020 below. Happy streaming!

    September 1
    • Breathe
    • Daddy’s Home
    • Tropic Thunder
    • The Terminal
    • Mapplethorpe
    • Geordie Shore: Season 20
    September 2
    • Hey Duggee: Season 3, Set 1
    • Down Under
    • Material Girls
    September 3
    • American Pastoral
    • The Imaginarium of Doctor Parnassus
    • Day And Night
    • German Angst
    September 4
    • A.P. Bio: Season 3 – Premiere
    • Cheers: Seasons 1 – 11
    • Canada’s Drag Race: Season 1, Episode 10 – Final
    • Rise of the Teenage Mutant Ninja Turtles: Season 1, Part 2
    • Paddington
    • The House of Magic
    • Bill and Ted’s Excellent Adventure
    September 5
    • Natural World: Hippos – Africa’s River Giants
    • Monster Beach: Season 1, Episode 25
    • Broken City
    September 6
    • Love Fraud: Season 1, Episode 2
    • P-Valley: Season 1, Episode 8 – Final
    • Power Book II: Ghost – Season 1, Episode 1 – Premiere
    • Below
    • The Extraordinary
    • Proxima
    • Monster Beach: Season 1, Episode 26
    September 7
    • The Circus: Season 5, Episode 12
    • Be Kind Rewind
    • Selma
    • Porn To Be Free
    September 8
    • The Daughter
    • Apocalypse Now
    September 9
    • Red Dawn
    • Alan Partridge: Alpha Papa
    • Rosalie Blum
    September 10
    • China’s Artful Dissident
    • Goon
    • Cutthroat Island
    • Furry Vengeance
    September 11
    • The Voices
    • New Amsterdam: Season 2
    • The Blinky Bill Movie
    • Planet 51
    September 12
    • The Biggest Little Farm
    • Monster Beach: Season 1, Episode 27
    September 13
    • Love Fraud: Season 1, Episode 3
    • Power Book II: Ghost – Season 1, Episode 2
    • Monster Beach: Season 1, Episode 28
    • Wyrmwood
    September 14
    • The Circus: Season 5, Episode 13
    • Desus & Mero: Season 2, Episode 46
    • Our Cartoon President: Season 3, Episode 10 – Midseason Premiere
    • Everybody Loves Raymond: Seasons 1 – 9
    • The Lunchroom
    • Dogs Don’t Wear Pants
    September 15
    • Clueless
    • Ferris Bueller’s Day Off
    September 16
    • Mirror Mirror
    • Terminator 2: Judgement Day
    • The Aviator’s Wife
    • The Queen of Spain
    September 17
    • Catfish: Season 7
    • Twilight
    • The Twilight Saga: New Moon
    • The Twilight Saga: Eclipse
    • The Twilight Saga: Breaking Dawn – Part 1
    • The Twilight Saga: Breaking Dawn – Part 2
    • The Host
    • Rambo: First Blood
    • Rambo: First Blood Part 2
    • Rambo III
    • Everybody Wants Some!!
    September 18
    • Desus & Mero: Season 2, Episode 47
    • Ghosts Of Girlfriends Past
    • Hummingbird
    • Legends of Oz: Dorothy’s Return
    • Astro Boy
    • Dino Time
    • High Tension
    • God Exists, Her Name Is Petrunya
    September 19
    • PEN15: Season 2, Part 1 – Premiere
    • The Impossible
    • See Spot Run
    • Monster Beach: Season 1, Episode 29
    September 20
    • Love Fraud: Season 1, Episode 4 – Final
    • Power Book II: Ghost – Season 1, Episode 3
    • Summer of Rockets: Season 1
    • Monster Beach: Season 1, Episode 30
    September 21
    • The Circus: Season 5, Episode 14
    • Desus & Mero: Season 2, Episode 48
    • Our Cartoon President: Season 3, Episode 11
    • Brothers
    • The Sweeney
    • Woyzeck
    • Where the Green Ants Dream
    September 22
    • Nerve (2016)
    • U-571
    September 23
    • Charmed (2018): Seasons 1 – 2
    • Red Planet
    • An Unexpected Love
    • The Dancer
    September 24
    • Fist Fight (2017)
    • Man on a Ledge
    • Aurora
    • Just To Be Sure
    September 25
    • Desus & Mero: Season 2, Episode 49
    • Deutschland 89: Season 1 – Premiere
    • Old People’s Home for 4 Year Olds: Season 1
    • Something Borrowed
    • Maggie
    • Petra
    September 26
    • Mechanic Resurrection
    • Monster Beach: Season 1, Episode 31
    September 27
    • The Comey Rule: Parts 1 & 2 – Premiere
    • Power Book II: Ghost – Season 1, Episode 4
    • Sleepless
    • Berry Bees: Season 1 (Part 2)
    • Monster Beach: Season 1, Episode 32
    September 28
    • The Circus: Season 5, Episode 15
    • Desus & Mero: Season 2, Episode 50
    • Our Cartoon President: Season 3, Episode 12
    • St Trinians 2 – Legend of Fritton’s Gold
    • L.A. Story
    September 29
    • The Fighter
    • I Am Wrath
    • Elsa & Fred
    • 70 Big Ones
    September 30
    • Grey’s Anatomy: Season 14
    • Lock Up
    • Intimate Parts

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