Today, it is quite easy for anyone to start their journey in the field of investment since easy-to-use and advanced apps are available to everyone on their smartphones. You can simply upload them from the App Store or Play Market and start investing in cryptocurrencies, securities, company stocks, physical precious metals, and much more.
The choice of investments is up to you since you can set yourself short-term or long-term goals. The choice of the goal determines what is best to invest in. If you are not interested in making an immediate profit but want to protect your assets, then investing in precious metals is the best option. Pacific Precious Metals will be your assistant with which you can invest in gold, silver, or platinum by buying bars, coins, or jewelry.
For a better understanding of the area of investment, if you are planning to get into it, there is nothing better than installing the best top-rated apps that are available for both beginners and professionals in this field.
Betterment: Investing & Saving
This is a great app for both beginners and professionals to help you manage your investments. And the most interesting thing is that the commission level is incredibly small, compared to how you would use the help of a financial advisor.
A robotic advisor will help you understand everything related to investing, and you will also be able to keep abreast of everything that happens in this area. People who know a lot about this business will be able to customize their investment portfolios with flexible settings.
This application will help you set goals easily, whether they are short-term or longer-term, and you will be able to see the average and worst returns so you know what to do. In addition, you can constantly track your progress.
Acorns: Save & Invest
This app is the best choice for those who are just getting started in investing and want to start micro-investing before playing the big game.
That is, you can start investing small amounts little by little so that in the future you will start increasing your deposits. You just need to link your bank accounts so that your spare change starts to be automatically invested. Moreover, you will be able to receive cashback from the retailers of your choice.
The most interesting thing is that you will also get access to educational content and will be able to start learning all aspects of investing to start playing for high stakes.
Robinhood: Stocks & Crypto
If you want to dive into the world of active investing then this app is for you as it offers stock trading, exchange-traded funds, options trades, a streamlined trading platform, and free cryptocurrency trading without commission.
There is no minimum account amount threshold. However, if you are interested in mutual funds and bonds, then this application is not for you.
One of the advantages is that you can buy fractional shares without a commission if you want to buy shares of large companies, for example, but do not want to buy the whole share. Thus, it is more suitable for professionals who will be able to have complete freedom to create their portfolio, since it will be difficult for beginners to figure out what’s what.
Webull – Stock Quotes & News
This application is similar to the previous one, which is suitable for active investment, but here you can also save for retirement.
It offers access to 11 different cryptocurrencies. The application is characterized by the fact that you will get access to advanced features consisting of charts, various indicators, and paper trading, as well as you will receive alerts about price changes and be able to control the application with your voice.
Conclusion
It’s easy to start investing now, as there are apps that allow you to take small steps in micro-investing, gaining experience to start playing big. Similarly, there are a lot of applications for professional investors involved in active trading.