Living in northern Indiana, there isn't a lot of great hiking close. A couple friends of mine have scheduled a hiking/camping trip every year for the last couple. Our last experience was in Turkey Run State Park in the center of Indiana. When were were scouting out our next experience, we knew we wanted to hike on some beautiful trails, and camp for a couple nights. Another group of friends had just returned from hiking/camping in the Huron-Manistee National Forest. After some recommendations, quite a bit of studying, we were set and ready for another great experience!
After a recent visit with my Edward Jones advisor, I was informed of a new policy that Edward Jones is utilizing. They are moving towards a different model of fee structure. Now, I'm a firefighter, so I'm not investing thousands and thousands... more like hundreds, and at times, tens! So according to my advisor, any change in my investing would have started my account under the new fee structure, which would cost me a lot more money in fees over the year. I've been wanted to invest a slight bit more, but I would be losing money each year if I made an increase in investments due to the fee structure.
With this change, I started to look elsewhere for an investing vehicle that I could play around with. I like the idea investing in some stocks that I'm interested in, but can't afford that kind of risk when investing in only one stock. After some searching, I found Acorns, Robin Hood and Stash. I signed in, messed around with each, and I ended up with an Acorns account and have been enjoying it over the last couple of months.
I wanted Robinhood to work for me the most. I loved the idea of zero-commission trades and the fact that I could choose which stocks I wanted to invest in. But, quickly I learned, Robinhood was not supported by my regional bank 1st Source Bank... Bummer, onto the next one.
Jack of All Trades, Master of None