Acorns finalises plans to offer individual stock trades:
Although, investing in individual stocks can increase the levels of uncertainty , it also lets them have various stocks to invest in and maintain their diversity.
This online investing application helps retail investors organise and prepare for their long term retirement goals. The CEO believes by selling single equities and building customised portfolios, and not charging commission the application may evolve into a virtual financial consultancy.
The company plans to recommend individuals invest 10% of their money in stocks and 90% in Acorns offerings.
Will you be downloading this application?
Acorns finalizes plans to offer individual stock trades (investmentnews.com)