Today, some of the best ways to invest your money and to manage your investments are through investment apps, right in the palm of your hand.
Some of the best investment apps that are out there have features that can be favorable for all different types of investors, and can meet all different needs. Are you looking to make your money work harder for you this year? One good way to do that is through investments.
Routine financial tasks are made easier with robust investing apps that can track your spending, automatically invest money into your investing accounts, and more. Increasingly popular, even novices are finding the investment apps easy to use. Here are the best of the best stock investment apps.
Stash is good for beginners because it offers many resources to bring you up to speed. Start investing with as little as $5 and you are allowed to have partial shares in many stocks whose names you are familiar with.
Some of those stocks include Tesla and Amazon. A rewards program is also in place to incentivize activity. Use this best stock app through three tiers. Stash will cost you $1 a month for the lowest tier, $3 for the growth tier, and $9 for the Stash N tier.
Not sure you want to invest in the stock market, then why not invest in something more tangible, like real estate. Fundrise allows you to invest in real estate investment trusts, or REITS, which allow you to pool your money with other small investors to buy shares in real property.
It costs $500 investment to start, and once you set up your account it can be passive income without much active participation on your part. This product would be a good one for those who are looking for additional investment products in addition to others to include in a well-rounded portfolio.
This is one of the best investing apps that is also a finance community. Learn about investing in bonds from live individuals as well as a vast library of articles about most aspects of finance, wealth management and investing.
Most financial planners suggest having an assortment of different investment products and adding bonds to your collection is made easier with this app. These bonds are specifically earmarked to help small businesses. It only takes $10 to get started and they offer 5% fixed interest.
This app helps you to invest almost painlessly by using your spare change to invest in a portfolio of investment products. Better still this platform offers stock trading apps with instant deposit, so you do not have to wait for your money if you need access to it.
Acorns offers three programs: Lite Personal and Family. Expect to pay $1-5 dollars per plan, and you may opt to send a one-time payment each month to help your nest egg grow faster. Select from retirement plan investment, to long term savings accounts, and more.
Stock trading apps like Robinhood are very popular. It is popular for good reason: it is easy to use and it is commission free. You invest at a rate that is comfortable for you and it offers guidance from both online resources and live individuals. While beginners do use this app, it is geared primarily for those with a little knowledge going in and they do not let everyone join and download the app. Your application must be approved before beginning. There is no minimum account balance, so start with as little as $5 once approved.
This best stock trading app allows you to watch as your money is managed by a “robo-advisor”. You decide how much money each month you wish to invest and how much risk you are prepared to take. This app is very flexible and is one of the only stock apps that accept PayPal. It also keeps our account on target toward specified goals. There is no fee for the management if you have $5,000 or less accumulated. An advisory fee of 25% is assessed each year. No minimum to start.
StockRover “fetches” and ranks stocks currently in play, essentially selecting the best stocks for you to consider. Performance metrics, charting and comparison of stocks is offered. This app is allowing you to manually determine how you will invest. This app is best for those who have some knowledge of investing and want a quick at a glance tool to allow you to make an informed decision based on real time data. Base price of the app is $7.99.
With $0 fee for online trades and unlimited trades, this free day trading app is an easy favorite. Easy to use and intuitive, this app allows you to do projections before you invest, analyzes new opportunities, and sends you an alert when it detects prospective investments. This has long been a favored product of day traders and it is very easy for those who consider themselves intermediate traders. No minimum deposit to start.
This app is primarily for day traders focused on retirement products and requires $3,000 to open an account. Vanguard uses a proprietary algorithm to suggest the best investments as well as offer history on each stock. This app, and the company, have a proven track record that screams stability. You primarily receive information and metrics via a robo-advisor, but there is an option to speak with a live broker for a fee.
More than just a student loan refinance, SoFi offers an incredible investment app that offers all in one investing and includes a cryptocurrency feature. One of the key features is that it is one of the stock apps with instant deposit, so that you see your money growing in real time. There are incentives for opening an account. Takes $5 to get started.