Thank You for Modern Technology ...
Today’s investment options are very different from those of previous generations.
Modern technology makes it more convenient than ever for the average citizen to make investments of various kinds and at assorted levels.
They’re a great way for new investors to get started with growing their money and saving for specific financial goals. However, there’s a wide range of versatile apps that are perfect for experienced investors to build wealth, as well.
Each type of app may specialize in, or serve different purposes.
Here’s a list of some of the top investment apps, each with its own particular strength ...
(One thing they all have in common is the ability for you to take control of your investment options independently and conveniently).
Stash is an ideal investment app for beginners wanting to learn how to make their own smart investments. You’ll find educational content to guide your particular goals.
 The app allows you to choose a customized investment portfolio based on what you’ve learned or you can also choose one that is pre-packaged to meet particular values.
 Stash also lets you invest automatically at pre-determined intervals or add funds manually. While you won’t find in-depth stock and company research here, it is a good place to get the basics and try your hand at investing.
If you’d prefer to invest without the research and strategy required for choosing your own investments, Acorns may be the app for you.
There is a small fee to invest, just $1 per month for amounts less than $5000 and a 25 percent fee for anything over that amount. Students use the service for free for up to four years.
All users just choose the managed portfolio they wish to invest in, and the choices are then made for you. It’s a convenient and low-cost way to get started investing in your future.
Robinhood is an app that allows you to trade stocks with no fee. It’s true, and that makes it perfect for those who are hesitant to get started with investing. However, there are fees when you withdraw from your account.
You just connect the app to your bank account and load it with the amount you wish to invest. Each trade will be fee-free.
If you wish to invest in margin accounts and to receive extended trading hours, you can opt in to a premium account called Robinhood Gold. The choice is yours.
TD Ameritrade is a trusted name in the financial arena.
This brokerage lets you download their app for free with no minimum to start making transactions.
Stock trades are free. Options type trades carry fees. You’ll find a range of educational videos to inform your choices, and the app will send you alerts when your trades reach a designated price point.
This is a smart route for those looking for a traditional investment experience combined with today’s technology.
Which App is the Right One for Me?
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There is no right or wrong answer on which app to choose.
Take some time to check out these investment apps for yourself. When it comes too investing, you have to do what feels right for you.
If you are a newbie and don’t have the knowledge or education to do your own research, you may want to rely on an app to give you tips and guidance.
You’re likely to find one that appeals to you and offers you the convenience and services you need to get started investing like a pro.
However, if you are serious about investing, it’s best to educate yourself so you can make your own wise money decisions.
Curious to Learn More?Â
Enroll in a Teach Me Wall Street – Investing & Trading Boot-Camp so you can learn to trade with ease, confidence and wisdom.
LEARN MOREStudent Experiences with Robinhood ...
