Investment Apps to Help You Find Financial Freedom

Investment Apps to Help You Find Financial Freedom

Up until a few years ago, investing was something you’d take years thinking about before taking the plunge. It could take hours on a phone call with financial professionals and advisors to find out if you’re lucky enough to be able to afford to invest. Likewise, you’d have to wait for your monthly/quarterly report to find out how much money you have made on your investment. However, with the rise in popularity of smartphones, the invention of investment apps has been a hit with the public. They’re helping investment be more regularly available to people who would never have considered it before, and through using these apps, people are gaining experience and knowledge in order to eventually reach financial freedom. 

Do you want to make and save money through your phone with just a few taps? Investment apps are becoming one of the top options for investors looking to become involved in the stock market since they’re a quick and convenient way of investing with low fees and a plethora of opportunity. Stay tuned for the best investment apps that will help you find financial freedom.

Robinhood

Often referred to as the best investment app on the market right now, Robinhood is famously named after Sir Robin of Locksley who was known for stealing from the rich and giving to the poor. However, this app is far from this notion. Robinhood allows users from any background to get into the stock market and is worth exploring (even if you’re an experienced investor!). It offers free stock tracks (basically 0% commission). It’s simple to set up, download the app, connect your bank and fund your account then you can start trading easily!

Clink

A savings-based app that invests your funds into a portfolio of ETFs (exchange-traded funds) based on how aggressive you want to be with your investment. You can choose how much you deposit into the app and also how much risk you want to take. Every investment comes with risk, especially when it comes to the stock market, but if you’re careful, you can potentially earn high returns. One of the best things about this app is that there is no minimum daily limit, only a maximum. Plus, for a small monthly fee, you can have a larger range of portfolios to choose from. Clink makes investment possible for everyone, which is why it’s a top contender when it comes to investment apps.

Did you know? Property investment is a safer way of investing your additional savings. If you’re lucky enough to have a large amount stored away collecting dust, you can make a rental income on these savings by investing in a property. Before doing so, it’s recommended to talk directly to a company. RWinvest is a great choice if you want to have a chat over the phone as they have a range of property investment consultants ready to talk to you about starting your journey. 

Stash

Offering a low-cost method to build a diverse portfolio, Stash is an app that invests automatically for you depending on the settings you set the app up with. Not only can you invest on the app, but there is also a lot of educational content to suit your investment preferences and give beginners more of an understanding before they invest their money. While you may not get a lot of depth of research on companies, the app allows you to understand exactly what you’re buying. Stash is the perfect starting point if you’ve never considered investment before as you could simply download it and learn more – no money or savings needed. Become familiar with investment language and slowly be the successful investor you’ve always wanted too.

Contributed Author: Olivia Hanlon

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