Best digital investment apps for small-time investors | Industry
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The term ‘wealth management’ doesn’t generally enter the equation for those on less than a six figure salary. The fat fees extorted by brokers and wealth managers means that most people don’t even consider the possibility of investing extra cash.
But times are a-changing, and a crop of fintech startups have launched investment platforms aimed at the average wage earner looking to savvily invest those spare pennies. These include apps allowing users to buy company stocks and shares, as well as invest money in new startups through fundraising platforms.
It may seem like small fry, but remember the Wolf of Wall Street paved his way to success on penny stocks.
Returns are generally not guaranteed, and dabbling in stocks can sometimes prove dicey, but more often than not this is part of the fun. Here are some of the best options out there for small-time investors looking to make those money moves.