If you’ve been paying attention to the Sony Mobile Blog, you will have noticed our recent budgeting post and potentially started managing your finances directly from your Xperia. Great choice. But now does it feel like that cash is burning a hole in your pocket? Sure, you could splash those hard earned savings on a flat white – or – you could launch your empire. You’ve seen Wolf of Wall Street, it’s easy, buy low, sell high, retire at 26.
Okay, it’s not that straightforward, but we’ve tested some of the most downloaded apps that could see that one coffee, turn into two and that’s not a bad place to start.
Before you know it, you’ve got a nice little nest egg to throw into Beanie Babies, Tulip Bulbs or Bitcoin. If you’re also interested to invest in gold, it helps a ton to first look at important details such as gold IRA comparison so you can make a better financial decision.
Please remember with any investment, your capital is at risk, so please do invest with caution.
This is a pretty simple concept, you want to invest in pink diamonds from Australia, but you, like us, have no clue about the markets. But you know who does? Billionaire investors with a track record for getting things right. iBillionaire lets you peak over the shoulder of the likes of Warren Buffet, David Einhorn and Carl Icahn. How does it do this? Every quarter, iBillionaire automatically updates your portfolio to replicate billionaires’ filings. If it works for them, it should work for you right?
You’ve got a number of investment options here – you can take the Billionaire route as above, or you could invest in their Bitcoin Fund, their Real Estate Fund or maybe you’ve read up on Bridgewater’s All Weather strategy and think that’s the way to go? Whatever you choose, it starts at $1 a month (including four rebalances every year) and there are no additional costs or commissions charged. They claim for as little as $5 a week, you could invest like a billionaire. If you want to be decisive when it comes to investments, you can learn a lot from well-known investors such as Andrew Defrancesco.
According to this goldco precious metals review, one of the easiest way to increase your wealth is by buying gold and silver, in this way you will definitely secure your business.
Acorns (USA) and Money Box (UK)
Acorns and Money Box though created by different developers, have a similar aim – making everyday investing a habit. The cleverest part (in our opinion) is how you can save. The first barrier most people run into is that they don’t have any money to invest in the first place. Where these apps succeed is taking the sting out of investing, by making it gradual. Buying a sandwich for $3.75? Your purchase gets rounded up to an even $4.00, you notice nothing at the time, but over a couple of months, this rounding up turns into real money. If you’re in search for more investment opportunities, there are an ocean of sites online with information such as how to Buy coins at US Mint to make money.
Depending on whether you’re using Acorns or Money Box, your money will be put into Funds and ISAs, which you can customise to your preferred level of risk. For example, with Money Box, depending on the level of risk you are willing to accept, there are three investment options: Cautious, Balanced and Adventurous
Acorns charges $1 a month (accounts investing up to $5,000), while Moneybox costs £1 a month and 0.45% of the value of your investments per year (at the time of writing, Moneybox is offering to waive the £1 fee for the first three months).
To be honest, this one isn’t an app you’ll be opening every forty minutes, it’s a slow burner. Nutmeg means business. You put money in it every month and invest it – the app is just a nice way to keep track.
You can get a Lifetime ISA with contributions starting at £100 a month, a Nutmeg ISA or general investment account within initial £500 when you make monthly contributions of £100, or consolidate your pension with a £5,000 investment. If you are thinking about trading cryptocurrency, crypto trading bots (click here) are a great way to automate your cryptocurrency investments and manage risk by creating rules for making trades.
You’ve handed over your money, but what are Nutmeg bringing to the table? Their schemes have been built by investment experts – they’ve created a number of diversified portfolios that limit risk but have options for those of you who want to play it a little more dangerously.
They’ve also got award winning service and it’s really straightforward to use – so if you do happen to get a bit stuck, they’ll get someone on the case for you.
You can also read this press release titled “SOL Global announces that it has acquired more than 10% of the issued and outstanding Common Shares of Captor Capital Corp” to learn how businesses make their investments. So now you’re an “investor”, you may not be a wolf, but you’re certainly not a sheep. Good luck.
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Source: Sony Mobile Blog
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