Published On Apr 14, 2024
This video consists of The 4 BEST Investing Apps For Beginners in 2024 that you can start using today to build wealth. This detailed review of the 4 best investing apps will help guide you on your investing journey to have your money, work for you. - Enjoy!
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⏰ Timestamps ⏰
00:00 Intro
00:54 Fidelity
03:31 SoFi
06:01 Webull
08:13 Coinbase
10:36 Final Thoughts
Why Should You Invest?
Investing your through these apps lets your money grow passively, freeing you from needing to work for every dollar. Historical data supports that consistently investing in the S&P 500 significantly enhances your chances of a financially secure retirement. Additionally, understanding the concept of compound interest is crucial in investing; it's how your money earns more money over time, much like a snowball gaining size as it rolls downhill.
The 4 Best Investing Apps For Beginners To Use In 2024:
1. Fidelity - The top choice for overall usage, particularly noted for its retirement services.
2. SoFi - praised for seamlessly integrating short-term high yield savings with dividend income investing and automated investment options.
3. Webull - distinguishes itself with advanced investment tools and current market research especially useful for more active trading involvement.
4. Coinbase - highly recommend for its cryptocurrency investment opportunities.
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Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.