With both, established brokerages and new companies offering several investment options that are very much overwhelming it might be tough for you to opt for the best one based upon your preferences. And so here we are, to help you to make the right choice. In this article we will be discussing about some of the best apps that suits investors of each type, from the beginners to an experienced professional, the apps are great for one and all.
We have rounded up the collection of apps that would help you make the best decisions for you and guide you towards better.
Listed below are the 3 best investment apps to consider;
Introduced in 2008, Betterment is one of the very first publicly available robo-advisor. The software’s of the app creates a customized portfolio for each of the user based upon their initial survey. Betterment started with a mission to save the investors more on the taxes than any of the other services. The app automatically conducts a loss harvesting on all the accounts. With its asset location strategy, betterment takes one step further towards better. This strategy enables the client with both, retirement accounts as well as taxable accounts ensuring that various investments are allocated right in the most tax-efficient way.
M1 Finance is a great app for long-term investors who wants an option between hand-picked stocks and permitting the app to invest on behalf of them. Investors are free to choose a model portfolio powered by a robo-advisor, manually choose a portfolio of stock and ETFs or you can choose a mixed bag of both the strategies. The app offers a taxable account and an IRA account for free of cost. Investors wanting to have a line of credit with a flexible payback schedule would a atleast require a minimum of $10000 in their account.
If you are new to the investment business, Stash is an ideal app for you. The app is designed in such a way that would help the beginners make their first foray into investing. It caters all the needs of the beginners and educate them efficiently with its content. You can be a part of its customized challenges and track your progress as you articulate more investing knowledge.
And here the list of best investment apps comes to an. Hope, the article has been informative to you.
Thank you for your time.