Best 5 Investment Apps You Should Know About in 2022
Investment apps are crucial these days, especially with inflation hitting the world as we know it. You must let your money work once you have worked hard and earned the desired amount.
If you want to get your financial goals back on track and invest where it will benefit you in the future, then you need to check these investment apps out:
If you want an overall good financial and investment app, then Betterment is the one for you. It manages portfolios professionally, is free, gives you a good return on investment, and so on. If you want to avail the digital services, there is no balance requirement, but for the overall investment experience, you will need to have a balance of $100,000, at least. All in all, this app is perfect for those who want to take positive risks for a better investment.
If you’re sick and tired of the middleman eating up your commission when selling stocks or other things, then Robinhood is the investment app to get. Robinhood charges $0 when you get a good deal on stocks, ETFs, and cryptocurrency. It also has no condition for minimum balance, so that’s a steal.
This is a great app for responsible investment, and it provides a good safety net for your finances, even if they are low. It’s also a great app for women, giving them great financial advice on what to do with their limited finances in case they are not earning much or are widowed. Ellevest also charges quite nominally, starting from just $1 a month, or you can also look at their discounted annual rates and choose from those.
Fidelity is a very popular name in the finance world, and with its new addition, Spire, there is so much you can do. Think of Spire as a sweet blend of the real picture of savings and investment of said savings in stocks, giving you a guaranteed good return upon selling.
There is no minimum balance requirement, and you don’t need to commit to long-term selling. This investment app offers a variety of accounts and investment options that you can choose from, whether for your early retirement or saving for your children’s future.
Acorns are more of a saving app, but people like it because of its easy use and many options. You can easily link your credit card to your Acorns app, and from there, the app will generate predictions on your spending, overspending, and savings, which can go into investments and ETFs which you find appealing.
You can open an account with a reasonable $3 subscription fee and get tons of benefits, like setting up a retirement account or investment account and automatically investing a part of your savings in the suggested portfolios, which can be adjusted through an easy setting.
There you have it! These apps are easy to use and will make investments and financial tracking fun instead of boring. Not to mention, these apps are very knowledgeable as well.