Easily Invest in Stocks
For years, I was held back from investing in the Stock Market because I didn't know how to get started. I remember buying the Wall Street Journal when I would visit the book store or the Airport. I stared at the black numbers on white paper trying to make sense of it all.
About 10 years ago, I tried again. I set up a ShareBuilder account. I only ever had about $20 at a time to try to invest, and ShareBuilder was taking $6.95 for every trade, so it was an extremely expensive learning experience. I still have about $80 sitting in my account and it would cost me more than that to sell it.
Then Finally, a few years ago, apps like Robinhood, Stash and Acorns started to become available. The best part about these apps is that they allow you to invest in the stock market. Depending on the app, there may be a $1-$2 monthly fee, but you're not getting charged $7-$8 per trade, so that's awesome.
Robinhood, started as an iOs app, then added a google app, and just in 2017, released the desktop app, making it easier to watch your account, especially if you're at a desk all day. There's a $1-$2 monthly maintenance fee, but it nothing compared to your ROI on a few trades. My account is split between dividend stocks, long-term/slow growth stocks (for safe trades and just having some money in the account) and some highly volatile penny stocks to try to make a quick buck... err, penny. With Robinhood Gold, you can make bigger trades and have access to after-hours trading. I'm not ready for that, but it's nice to know it's there. Additionally, they're about to launch a Bitcoin trading platform. If you don't have it yet and you're interested in trading stocks or crypto, use this link. We'll both get a free stock (like Ford, Apple, Sprint)! http://share.robinhood.com/christh178
Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link: http://share.robinhood.com/christh178
Acorns, is a 'set it and forget it' type app. Think of how a squirrel gathers nuts for the winter. That's kinda how Acorns works. You link it to your bank account(s), adjust a few settings to allocate how much money you're comfortable with Acorns investing for you, and after a few months, you have a nice little nut collection. You can set Acorns to invest in slow growing stocks, or go a little more aggressive. When 'Round Ups' are set, in the background, Acorns will take every one of your transactions, round up to the nearest dollar and drop the difference into your account. (Kinda like when you're at the gas station, and you drop your change from a cash transaction into the 'leave a penny' jar.) You can set multipliers to that too so you can grow your 'nut collection' even faster! Acorns will give you $5 to get started when using this link. https://acorns.com/invite/LY6DDG
Start investing with Acorns today! Get $5 when you use this invite link: https://acorns.com/invite/LY6DDG
Stash will let you transfer as much or as little money to your account to invest in ETFs. My biggest return was 20% on the Social Media ETF. Recently, they've set it up so you can buy portions of 'single stocks'. You ever wish you had hundreds of dollars to invest in Google, Amazon or Disney? You can buy $10 or $20 worth of those popular stocks now. https://get.stashinvest.com/christod31aj
Here's $5. Try this out: https://get.stashinvest.com/christod31aj
As I mentioned above, these are good places to start if you're new to investing. Eventually, you'll probably want to move on to a more robust platform like TD Ameritrade. (Think or Swim)
What Do You Use to invest in the stock market? Leave a comment below.