Investing is inevitably the smartest way to use your extra money. Gradually even a small amount of money can create a lot of wealth for you after maturity and increase your net worth. So, never lose the opportunity to keep your hard earned cash in a fruitful investment and with the help of mobile technology you can start investing instantly. There are many investment apps that realize more returns with less savings in the right way in principle. Many more apps go beyond the concept of crude finance, trading and stock markets and help interested investors engage in real stock market investments.
Here is a list of some of the most popular and essential investment apps for new age traders and investors and of course the general public has started to improve their asset portfolios.
If there is one app that allows users to get involved in the investment game with huge amounts of money, it is Robinhood. This allows users to buy and trade US-listed stocks as well as ETFs without paying a commission. So, it is much different and better than any other stock broker that charges 10 for each purchase.
In addition to being an app created for investing, Stash provides an educational guide to novices on how to efficiently save money for higher returns. It provides users with a rulebook on how they can improve and manage their asset portfolio. Fractional shares, minimum account balance and value-based investments are some of its key features.
Acorns are the best option for those who want to contribute on a regular basis instead of a one-time investment. Users simply need to link their debit or credit cards and invest extra or “extra change” by converting each transaction into the next dollar. It spends on the most profitable and well-managed ETF portfolios. Fees for the account are also minimum, i.e. 1 per month for a balance of less than 5,000 balanced. So, acorns help you save a lot with just a small amount of dollars and sometimes a fraction of a dollar.
It comes with a unique approach for buying and selling stocks of interested stock market players. Users can buy fractions of shares of any company or listed company through the app. It offers 1000 options for investing without any monthly charge which includes ETFs as well as single stocks. Designed specifically to encourage young people to get involved in the stock market game, stockpile benefits are provided by the issuance of shares and the transfer of share baskets to other accounts.
A great app capable of starting to build a portfolio to start trading for free. Users can create and maintain an active portfolio of both stocks and ETFs. Users can create a varied portfolio or a “custom pie” of their own with M1 Finance, they can also get fractional shares with it.
Traditionally, you need a broker or at least a financial advisor to invest your hard-earned dollars wisely in order to get involved in investing. So, there is nothing better than one of these apps that gives a steady outlook for shares and transactions with or without a minimum fee.
If you are interested in the apps business, try to come up with an investment application idea that will help beginners, adults as well as retirees to allocate their cash flow wisely and increase wealth over time.