Don't Deride Small Beginnings
Today's economy is volatile and many consumers don't know what to invest. Many are afraid that social security may collapse and 401K retirement accounts might bankrupt. Here are a couple of investing apps that can help get you started without major risks:
1. Robinhood (www.robinhood.com) is an app that allows investors to open an investment account with as little as $25. Investors can trade like day traders but without the fees. Robinhood is a great way to learn and play stocks without high risks.
2. Acorn (www.acorn.com) is an app that allows investors to open a stock investment account with as little as $5. Acorn connects to your savings or checking account and withdraws all the leftovers. Any leftover change (ex. .25 .03 or .50) is withdrawn from your account and invested by Acorn. Let the experts do the investing for you.
3. Cashapp allows consumers to invest as little as $1 in stocks. Invest in the companies whose products you use every day. I love Starbucks, so I invest. Consumers are earning funds from the business side, and creating wealth from the trading side. This new cash revolution is affording anyone and everyone an opportunity to create wealth.
