Whether you are planning for the future or have some extra money to invest, finding the safest ways to grow your wealth is always a top priority. With so many options available, it can be overwhelming to navigate the world of investments on your own. Fortunately, there are numerous apps and online platforms that can provide you with the best advice and support to make informed decisions.
When it comes to long-term investments, it’s crucial to choose wisely and consider factors such as risk tolerance, diversification, and potential returns. To help you on your investment journey, we have compiled a list of the top 20 apps that can guide you towards safe long-term investments:
- Acorns: Acorns is an app that allows you to invest your spare change automatically. It rounds up your purchases and invests the difference in a diversified portfolio.
- Betterment: Betterment is a robo-advisor that creates personalized investment portfolios based on your goals and risk tolerance. It offers a range of investment options, including retirement accounts.
- Wealthfront: Wealthfront is another robo-advisor that focuses on tax-efficient investing. It offers features like tax-loss harvesting and direct indexing to maximize your returns.
- Robinhood: Robinhood is a commission-free investing app that allows you to buy and sell stocks, ETFs, and cryptocurrencies. It’s a great option for beginners looking to start their investment journey.
- Stash: Stash is an app that helps you build a diversified portfolio with as little as $5. It offers a range of investment options, including stocks, bonds, and ETFs.
- Personal Capital: Personal Capital is a comprehensive financial planning app that provides investment advice, retirement planning, and budgeting tools.
- WiseBanyan: WiseBanyan is a free robo-advisor that offers personalized investment portfolios. It also provides financial planning tools and retirement account options.
- Ally Invest: Ally Invest is a full-service online brokerage that offers a wide range of investment options, including stocks, bonds, mutual funds, and options.
- TD Ameritrade: TD Ameritrade is a popular online brokerage that provides a range of investment options and research tools. It also offers a user-friendly trading platform.
- Fidelity Investments: Fidelity Investments is a well-known brokerage firm that offers a wide range of investment options, including mutual funds, ETFs, and retirement accounts.
- Vanguard: Vanguard is a renowned investment management company that offers low-cost index funds and ETFs. It’s a great option for long-term investors.
- Charles Schwab: Charles Schwab is a full-service brokerage firm that offers a range of investment options, including stocks, bonds, mutual funds, and retirement accounts.
- E*TRADE: E*TRADE is an online brokerage that offers a range of investment options, including stocks, bonds, ETFs, and options. It also provides research tools and educational resources.
- Wealthsimple: Wealthsimple is a robo-advisor that offers socially responsible investment portfolios. It also provides financial planning tools and retirement account options.
- M1 Finance: M1 Finance is an online brokerage that allows you to create and automate your investment portfolio. It offers fractional shares and customizable portfolios.
- Stockpile: Stockpile is an app that allows you to buy fractional shares of stocks and ETFs. It’s a great option for beginners and those looking to invest small amounts.
- SoFi Invest: SoFi Invest is an app that offers commission-free trading of stocks, ETFs, and cryptocurrencies. It also provides financial planning tools and retirement accounts.
- Wealthify: Wealthify is a robo-advisor that offers investment portfolios based on your risk tolerance and investment goals. It also provides ethical investment options.
- Ellevest: Ellevest is an investment platform that focuses on women investors. It offers personalized investment portfolios and financial planning tools.
These apps can help you make informed decisions and provide you with the necessary guidance to grow your wealth over the long term. However, it’s important to remember that investing involves risks, and it’s always advisable to do thorough research and consider professional advice before making any investment decisions.
Whether you’re interested in financial investments or art investments, these apps can offer valuable insights and advice to help you make the right choices for your future. Remember to always assess your risk tolerance and diversify your investments to minimize potential losses.