So there are hundreds of apps you can use to invest. Some better than others, but in this article ill go over an app I like and why.
When it comes to stocks, I use Robinhood, M1 Finance, and Yahoo finance. Those are my main 3 apps. There are many more but for the sake of this article I want to talk about M1 Finance and why I like it.
With this app you can do some amazing things. When you buy crypto you buy into the coin. You don’t have to necessarily buy the whole coin. With this app it’s the same thing. You don’t have to buy the whole stock. So, what does that really mean. That means you can take $100 and buy a stock worth $1000 if you so please. You are buying into the stock.
The other thing I like about the stock is you can create a pie. Its kind of like a mutual fund or EFT. With mutual funds and eft’s they are already built. You don’t get to pick which stocks you throw into the portfolio. With this website you can pick and choose which stocks you want in your portfolio. Then you can pick what percentage of money you want to go to each stock.
That’s a quick overview of M1 finance and why I like it. Don’t let not have a huge amount of money stop you from getting started. No excuses when you are working on making a financial change.
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During the first period of a man's life the greatest danger is not to take the risk.