It’s been a while since I have updated this site, but figured I could dump some information and updates of what I have learned and am doing differently.
In this world of FinTech, we have so many options, it’s hard to narrow down what apps to use and how well they function. At this point, you can buy crypto on I think almost all of these new fintech apps.
One update I have is, I no longer am using Acorns. They changed their fee structure to $3.00 a month, and I just wasn’t putting much into it. I didn’t get much out of it either, after paying the several $1.00 a month fees. I took my money out and instead invested into a different platform.
After I closed my Acrons account, I immediately wanted to get into Fundrise, because they lowered their starting position. Instead of having to start with $1,000, they have lowered it to $100 and can add weekly/monthly/quarterly or as you wish.
I was really excited to get into Real Estate because it’s good to be diversified. At this point, I have been using Fundrise for a little over 2 months, and it’s been very good to me. They constantly update their portfolio information, acquire new properties that go into different strategies, and they have properties appreciate.
All of this is a huge win, and we just keep adding to it. So even though I removed Acorns, we entered into a better application, a better investment tool, and can finally get started on the real estate part of our journey.
The apps I am still using and ranked from most used to least used.
- Webull – I use it every day and is my main brokerage account. Mainly value investing at this time.
- SoFi – I have a weekly deposit that goes in and I get to pick a fractional share I want, or invest in some that I already have. They have great news and great financial products if you are looking to reduce debt.
- Public – I love Public because it’s just so easy and so pleasing, but the best part are the live interviews and Q/A sessions that they allow you to listen to for free. I love the updates from other people on what they are passionate about, buying or selling.
- CoinBase – I do love this app, but I don’t do much other than hold or hodl my crypto, so therefore I take the quizzes, earn more in rewards and new crypto coins, and add on dips.
- M1 – This investing app can be so hands off, that you can rely on the portfolio that’s working. I check it regularly still, but other than the weekly contribution to the account, it’s hands off. I just sit and watch it build!
- Fundrise – I am just really excited to get into Real Estate and have something other than Stocks or Crypto. It’s very easy to set up and with the automation of adding to it, you can grow your money exponentially. Reinvest the dividends for even better growth.
- Fidelity – I use this app to get Funds that are exclusive to Fidelity. They have the total stock market index that has $0 fees as well as their S&P 500 index that I love adding to. It’s just a good stress free investment that I check on regularly, but ultimately, the index funds do the work.
Let me know what your favorite apps are to use! Also, check out the website for links to get started with an invitation from my account to yours. Check out the codes or links, referring to the fintech apps I use.
Thrifty Investing 