Financial Tips

Investment Apps

Investing can be a great way to build wealth for the future, and there are a variety of apps that can help get you started – even if you don’t have a lot of money.

These apps are generally easy to use, with investment options ranging from exchange-traded funds and mutual funds, to index funds, bonds or even individual stocks.

You’ll also have options to choose your risk level and pick from portfolios that include socially responsible investments.

While some apps allow you to essentially invest ‘spare change’ rounded up from your regular purchases, others let you set up recurring contributions in amounts that work best for your goals.

When looking for an investing app that might meet your needs, look for features such as customer service, easy-to-use educational materials, investment calculators, or access to market insights.

Check out what fees specific companies might charge and how that can change based on the size of your investment.

While investing can help you grow money over time, it’s important to remember that the market comes with ups and downs, as well as a certain level of risk. There is no guarantee any particular investment will grow.

You’ll also want to understand the tax obligations of your investments. A financial advisor can help.

The good news is, you don’t have to have a ton of money to start building wealth, and that investment apps can make getting started simple and rewarding.

Talk to a financial advisor today to learn more about how you can start building wealth.

Ready for What’s Next?

Have questions? Ready to start building a relationship with one of our experienced bankers?