Investment App

6 of The Best Investment Apps in 2021

Investing used to be an out-of-reach idea, but that’s not the case anymore. Today, with just the tap of a finger, you can be growing your wealth and building your future just like the professionals. Here are some of the best investment apps available for the modern smart investor.

Grow your Savings with Acorns

Acorns is one of the best investment apps you can have on your smartphone. Imagine logging into your savings account and having enough money to pay for that big purchase you’ve been dreaming of. Acorns can turn your dream into a reality. Acorns works by setting aside a set amount of money each week for you into an Acorns savings account. They can also round up your purchases and put your extra change into your savings. For example, if you buy something for $9.99, Acorns will drop a penny into your savings account. You can withdraw your funds at any time. This makes the Acorns app a great option if you’re looking to build up a long-term savings, but you don’t want to have to think about. Acorns is literally worth every penny. Sign up for Acorns to get started!

Let robots invest for you with Betterment

Betterment is an investing app that makes investing a hands-off experience. Essentially, Betterment offers an automatic advisor, akin to a financial advisor of old. From there, the app will design a professional portfolio for you, out of ETFs. This means that you don’t have to think about or be an expert in the financial details. You can relax and enjoy an easy investment experience. Betterment does charge a fee to use it, but for those who want the details taken care of for them, it’s worth it. That’s why we have considered Betterment in our list of the best investment apps.

Let the robots invest for you

TD Ameritrade: for the DIY investor

The TD Ameritrade app is one of the best for investing in stocks. This is because of how easy the app is to use, while still offering a professional experience to the user. There is also no minimum deposit and no commission for online stock, making the TD Ameritrade app one of the best for anyone just starting out. Of course, the app doesn’t end at offering stocks. There are also ETFs, bonds, mutual funds, and much more that you can use the app to invest with.

Stockpile: the best investment app for parents

Stockpile is an investment app for parents. You can see this in the details, like being able to give a gift card for stock. That’s the gift of a future investment for someone. They also offer what they call custodial accounts. Essentially, this is an account for a child, run by a parent. This gives them a start to investing before they’re even going to understand what that means. Even with all of these features, though, the best is how simple Stockpile makes the experience for users. Because they explain in simple terms, using no jargon, how the stock market works and what you need to do, it becomes a very easy app to use.

For Couples who want to save together: Twine

For couples looking to save and invest together, be it for a vacation, home, or wedding, Twine is a great option to choose. You’ll be given three investment choices: conservative, moderate, and aggressive. It is also, admittedly, limited in terms of its asset mix. It has stocks and bonds. That’s really most of what they have to offer at Twine. However, this does make Twine a great app for short term investments, particularly when you’re trying to save for an event. The reason that Twine is so good for couples is because that’s its design. It’s designed to be short term and used by two people at once. This means that two people generally invest in one Twine account. It’s also worth pointing out that there is a $.25 fee per $500 invested, on a monthly basis.

Beginners love how easy Robinhood is to use

Robinhood is one of the best investment apps for beginners. This is because of how easy Robinhood is to use. It gives easy to navigate charts, helping investors to better understand what they’re going to be investing in. Robinhood helps new investors understand what they’re getting into before they invest in any particular stock. You can also earn free stocks on Robinhood, enjoy no-commission trades, buy fractional shares or a stock, and there is no minimum balance or deposit. Robinhood is a full-service solution for the first-time investor. Join Robinhood and you’ll get a free stock when you sign up!

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