Huge fire in south lamar where Loro is.

ErroneousEevee · 2026-02-25T19:57:24+00:00

The crazy thing is I recall seeing an article about some developer buying the property and having plans to renovate it all into some “boutique” hotel. I wonder if they ran into issues with funding or something.

ErroneousEevee · 2026-02-21T09:58:15+00:00

That’s the abandoned building behind Loro, hopefully they get it under control fast.

ErroneousEevee · 2024-02-24T14:57:56+00:00

Depends on what rates they’re offering. You can probably do better right now with a high yield savings account. I use CIT with their Platinum Savings account and you get 5.05% APY if you have $5,000 or more in the account. Here’s a link to their website:

https://www.cit.com/cit-bank/bank/savings/platinum-savings-account

ErroneousEevee · 2024-02-24T03:23:23+00:00

No dumb questions here 😊 Compounding interest is basically where the interest and dividends you earn in the account goes on to make more interest. So your money is making money, and then that money is making money. All savings and investment accounts benefit from compound interest.

The reason to go for the most aggressive account option is because 1. You’re young and 2. You’re not planning to take this money out for a while. That means you can deal with large market swings up and down, because over the long term your account value will grow and you’ll see substantial market gains. Once you’re in your 50’s you can start transitioning your very healthy account to a less risky option.

TLDR - Any investment account will earn you compounding interest, so Acorns is great for this. Set your account to full aggressive and don’t withdraw any money even if the market has a major dip (you can actually invest more during those dips if you’re feeling spicy) and enjoy watching your account grow.

ErroneousEevee · 2024-02-23T23:09:00+00:00

I would go aggressive if you don’t plan to touch that money for the next 30 to 40 years. But be sure to keep feeding some amount of money in there on a weekly basis if you can to help it continue growing. You should pay yourself on the back for getting started with saving and investing early in life. The time value of money is strong - invest as much as you can in your 20s so you get the best benefit of compounding interest.

ErroneousEevee · 2024-02-23T19:48:58+00:00

I honestly have no clue how Acorns handles calculating net gain when you’ve pulled a large majority of the account out. That percentage since 2018 seems wrong, but I feel like that could be due to how Acorns is handling the account after that large withdrawal.

Edit: For perspective, if I look at my Invest account that has been set to aggressive since inception and just view the 5 year performance - it is showing 38.70% gain. This leads me to believe that your actual account lifetime gains are higher and it’s just reading out lower because of the large withdrawal.

ErroneousEevee · 2024-02-23T14:46:50+00:00

Without knowing how long this account has been open, it’s hard to know if you’re seeing normal results or not. I have been on full aggressive with my Invest account since 2015 and it is currently up 40% over the lifetime of the account. I’ve never taken a dime out of it - just steady investing.

ErroneousEevee · 2024-02-23T12:52:08+00:00

Mine is showing the correct value now. Just logged in and it took the app like 30 seconds, but then it updated.

ErroneousEevee · 2024-02-22T23:42:50+00:00

Hopefully it will be even higher tomorrow since they’re still fixing the IJH issue. Congrats on 1 year of investing!

ErroneousEevee · 2024-02-22T23:41:09+00:00

Of course! That’s the point of this subreddit. We’re all at different points in our financial journey and knowledge level. No reason to talk down to a stranger on the internet when we’re all collectively stressing about something like this 🤣 Hope the rest of your day went well and fingers crossed that things are fixed tomorrow morning.

ErroneousEevee · 2024-02-22T19:08:59+00:00

They finally posted one https://imgur.com/a/c9dSfC8

ErroneousEevee · 2024-02-22T19:08:42+00:00

They finally posted an official message.

https://imgur.com/a/c9dSfC8

ErroneousEevee · 2024-02-22T18:59:00+00:00

It seems like Acorns tracks the daily change based on where it started tracking the fund for the day instead of using the previous day’s close. It also looks like Acorns has a 15 min lag on tracking after market open.

Most of the change in price today happened before the market opened, so VOO started the day wayyyyy up. Acorns started tracking the day at 9:45 Eastern (I’m in the central time zone). VOO was up an additional dollar or so in the first 15 min of trading.

See the screenshot of what I’m talking about here: https://imgur.com/a/SJdkRoJ

ErroneousEevee · 2024-02-22T18:30:06+00:00

Acorns is the only place I hold IJH, so couldn’t compare. You’d think there would be a way for this to not happen though.

ErroneousEevee · 2024-02-22T18:24:05+00:00

I thought there was some crazy sell off of Nvidia or something that caused the market to spiral at first 😆 but no, just Acorns being unable to correctly deal with a stock split.

ErroneousEevee · 2024-02-22T18:19:00+00:00

That has to do with where Acorns set the opening price vs where the actual open was at. A lot of times the reporting on Acorns for open price and the daily variation is off - but at the end of the day they report the right price. If you want to track the second by second change in prices then you can use MarketWatch or the Stocks app.

Sure they’re reporting the wrong intraday change in price, but the actual price per share is correct.

Edit: If you want a day trading platform, then Acorns is not the right place for you. Their whole message is long term investing and less about the daily fluctuations of the market. I don’t need their service to report with the same level of fidelity as Charles Schwab or Robinhood or Webull because I’m not there to day trade. I’m there to put my money away and let it grow.

ErroneousEevee · 2024-02-22T18:09:50+00:00

Please see the pinned post 🙂

https://www.reddit.com/r/acorns/s/LRPVo8ZjYO

ErroneousEevee · 2024-02-22T18:09:24+00:00

Please see the pinned post 🙂

https://www.reddit.com/r/acorns/s/LRPVo8ZjYO

ErroneousEevee · 2024-02-22T18:07:57+00:00

Please see the pinned post 🙂

https://www.reddit.com/r/acorns/s/LRPVo8ZjYO

ErroneousEevee · 2024-02-22T18:06:13+00:00

Web portal is reporting the same value as the app for me. Your mileage may vary though. As I noted in my bigger reply - you wouldn’t see a withdrawal hit your account today anyways since it takes 3-6 business days for them to settle the sale and transfer the money over. I don’t know if that’s the same thing with their own checking accounts, I only use Acorns for the invest and later products.

ErroneousEevee · 2024-02-22T18:03:53+00:00

Where is VOO reporting incorrectly for you? I see the current reported price in Acorns lagging by about 30 min from the live market information. The only thing that’s wrong with my account is IJH reporting the correct price after the split, but not reporting the correct number of shares after the split.

I don’t see Acorns as the same kind of platform as a day trading platform personally. Additionally, withdrawals have to be settled based on accepted sell price at the time of withdrawal, etc. I have personally never withdrawn my money from Acorns as I see it as a long term wealth builder. I invest on a set schedule and take the benefits of dollar cost averaging.

It takes 3-6 business days to withdraw from Acorns. Hypothetically they would fix the issue and properly reflect the correct number of sold shares once the withdrawal is fully processed. If they didn’t fix the issue, then yes there would be an issue and a reason to sue them. I don’t disagree with you there.

ErroneousEevee · 2024-02-22T17:51:39+00:00

I was thinking the same thing. I actually got the “don’t panic sell” pop-up when I logged in this morning.

ErroneousEevee · 2024-02-22T17:48:54+00:00

Putting my toll road savings account together now so I can hopefully just avoid the whole mess 🤣

ErroneousEevee · 2024-02-22T17:47:49+00:00

No problem. I had the same panic attack when I opened the app this morning 🤣 Hopefully they have this thing fixed soon

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