by Dr. Monroe Mann, PhD, Esq, MBA, LLM, ME, EMT
Founder & Executive Director, Break Diving, Inc.
Here’s a quick post sharing some of the top stock market investment apps that I use that I think you should consider using as well:
1. Acorns. I love this app. You can read all about it here. I started using this app last summer, in August 2017. Without even thinking about it or really doing anything, it’s now just a few dollars from $1,500 in value. It’ll hit $3,000 within the next 8 months. I also started an IRA as well through Acorns. If you sign up here, you get $5 automatically added to your account when you sign up (and so do I)! Or just go to the app store and search for Acorns.
2. Stockpile. I love this app. You can trade FRACTIONAL SHARES of stocks for just $1 per trade. Do I have $1,800 hanging around to buy a share of Amazon? Nope, but through Stockpile, I’ve been regularly buying fractional shares every time I have $50 to spare. You can do the same! If you want $5 of free stock, let me know, and I can send you a link that gives you $5 of a stock (that they choose) on the house!
3. Robinhood. I love this app. You can buy FULL SHARES of stocks for FREE! No trading commissions. This is great because you don’t lose any money on the trade itself. With Stockpile, I need to earn at least $1 on each trade before I even break even. With Robinhood, you break even immediately. Let’s just hope your stock doesn’t go DOWN as soon as you buy it. 😀 If you’d like free stock when you sign up, use this link and we’ll BOTH get a free share of stock. Or, just search for Robinhood on the app store.
4. IBD. I love this app. I didn’t expect the free version of their app to be so chock full of awesomeness. If you are in the stock market and don’t use this app, you should. It’s got great stock tips, wonderful news stories on fascinating companies, and in depth analyses. If you really love it, you can pay about $30/month for the premium version, which gives you more access. I personally have a print subscription to the weekly IBD newspaper, but in time, I may also try the premium app.
5. YNAB. I love this app. It’s a budgeting app. YNAB stands for “You Need a Budget”. I’ll admit–there’s a bit of a learning curve, but having used it now for over 4 months, I have to admit: IT IS AMAZING. Thanks to this app, I have saved more money, reduced my spending, and let me just say: my checking account has never had so much leftover money in it before, and it’s not because of an increase in income. It’s because of an increase in financial savvy and awareness that this app has made possible. If you sign up here, you get one free month (and so do I)! Or, just go to the app store and download YNAB. You also get a desktop version (via the web) which is really great too.
6. Coinbase. I love this app. If you want to venture into cryptocurrencies, this app (which is an actual cryptocurrency ‘wallet’) allows you buy and sell bitcoin, bitcoin cash, ethereum, and litecoin. You can also buy and sell an even greater number of cryptocurrencies via Robinhood, but doublecheck: I don’t think Robinhood is an actual currency wallet–I think you may just be buying ‘shares’ of these cryptocurrencies. You’ll have to investigate for yourself. All of my cryptocurrency holdings (a grand total now of $50 after having collapsed a few months ago haha) are kept here in Coinbase.
At the very least, check these apps out. They are true game changers.
When I find even more cool finance apps (that I actually use), I will post them here for your benefit!
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