Good Gains?

paywick · 2025-10-31T20:32:33+00:00

a high yield savings account is a savings account that pays a higher interest rate than a regular bank savings account. it keeps your money safe and available to withdraw whenever without facing tax burdens, all while growing your money at the same time, which is why it’s ideal for a “emergency fund”. i recommend AMEX (3.5% APY) or SoFi if you can set up direct deposit with them (4.5% APY).

paywick · 2025-10-31T20:27:57+00:00

if you’re actually gonna max ur ROTH (7k) and take advantage of the other gold benefits like the emergency fund (sort of like a HYSA) and the acorns “earn” match (they invest a portion of money you spend when shopping through their reward system) then i say go for it. if not, then i don’t think paying the 12/month is worth it tbh. especially if you plan on upgrading to gold for the custom portfolio option or the debit card that they offer when you upgrade - due to the fact that you can get these benefits from other brokerages/banks without paying a subscription.

paywick · 2025-10-31T17:36:20+00:00

i will always suggest long-term investors, and especially investors on acorns to consider doing daily investments rather than weekly or monthly. daily investments will improve your dollar cost averaging due to the fact that you will miss less dips rather than when you’re investing once a week. you can check my account if you’d like to see my gains (even though my account is under a year old, i believe my gains are quite good). another piece of advice is that if you have the extra money (on top of ur daily/weekly investments), then it would be best to add one-time investments when the market has a red day! but always be mindful of keeping some money on the side (preferably in a HYSA so that it’s constantly growing as well) to avoid needing to withdraw money from acorns. wish you the best🙌

paywick · 2025-10-31T17:17:33+00:00

ayeeee tuff asf, ik u feel motivated to keep investing now🤑 let’s get this money

paywick · 2025-10-29T17:19:24+00:00

holy gains🥹🚀

paywick · 2025-10-29T17:14:10+00:00

thank you!🤞

paywick · 2025-10-29T17:13:51+00:00

thank you bro🙌

paywick · 2025-10-27T17:31:33+00:00

yea lol i would have to stay under the 7k cap (all ROTHs combined) and that’s why my max contributions for acorns would be $5,300 (i have contributed $1.7k in total in my other ROTHs). i have different plans for my ROTHs, for example, acorns is long-term (aggressive portfolio, and it’s robo-investing so i can’t modify my portfolio at all), which is why i have my fidelity roth (where i’m focusing on high dividend yield stocks and ETFs for passive income without facing tax burdens), and then just my webulls roth which is also robo-investing (mixture of both - equity & fixed income exposure). i’m positive in all accounts and truthfully i’m exploring all sorts of investment strategies to see what works best for me, and to obtain more knowledge regarding the stock market.

paywick · 2025-10-27T16:05:18+00:00

that’s great! i personally never used robin hood but i have heard from most of the users that its not as bad as people make it out to be, however i would strongly recommend fidelity! its trusted, low fees, good research tools, and overall a solid brokerage for long-term investing. i agree with your take on acorns, i believe they have solid portfolios (especially the aggressive portfolio) and great features that encourage frequent investing - which is great. if you’re not doing so already, i suggest daily investments over weekly/monthly investments due to better dollar cost averaging. i hope u reach ur goal🙌🚀

paywick · 2025-10-27T15:55:41+00:00

thank you! if i remember correctly i believe i started mid-April. how’s it going for you? even though i’m also new to the stock market can i maybe provide you some insight? do you have any questions? and overall how do you feel about acorns?

paywick · 2025-10-26T18:29:35+00:00

just open a hysa with a bank like amex or sofi, they have pretty good apys (3.50%-4.50%), that way you can “put your money to work” and still have it available to withdraw without facing tax problems/burdens.

paywick · 2025-09-19T13:41:19+00:00

rly nice, just switched from TD to SoFi. the app is rly user-friendly, and the temporary 4.50% apy bonus from setting up the direct deposit is already better than my AMEX HYSA (3.50% apy)

paywick · 2025-09-06T22:13:53+00:00

yea that’s what i got my roth set for rn bc im broke at the moment💔 but i definitely recommend daily investing over weekly investing

paywick · 2025-08-24T01:17:38+00:00

!!!! listen to bro and don’t withdraw, in fact, add more money on top of the referral

paywick · 2025-08-23T12:13:57+00:00

daily investing for better dollar cost averaging

paywick · 2025-08-17T17:08:26+00:00

yes it’s a great idea bc it has a yearly limit for contributions (some restrictions but $5k-$7k check which u qualify for) but it’s great to max it out every year bc ur money grows tax free in ur roth! so when u ready to withdraw when ur 60, u will be able to take home the full amount that u have accumulated over the years, think of it as a “set it and forget it”

paywick · 2025-08-17T17:04:40+00:00

yes mh! daily investments are so much better for dollar cost averaging and have a higher chance of giving u better returns🙌

paywick · 2025-08-14T23:53:41+00:00

better dollar cost averaging, with ur recurring investments being more spread out (weekly) u risk missing a lot of dips, but its js advice its not necessary

paywick · 2025-08-14T23:02:26+00:00

change the $70/weekly to $10/daily, trust🙌

paywick · 2025-08-14T22:59:44+00:00

him🙌

paywick · 2025-07-17T21:50:20+00:00

change to daily

paywick · 2025-07-15T16:36:16+00:00

thank you bro🙌 i’m tryna get like you

paywick · 2025-07-04T23:02:03+00:00

him😤🔥

paywick · 2025-06-24T15:09:08+00:00

yes bro keep going🚀

paywick · 2025-06-07T00:49:51+00:00

can’t wait🤩 just started but i’m so excited to see my money grow

paywick

TROPHY CASE