What is micro-investing? Lately, I have been hearing a ton about micro-investing, so I thought an article on the topic would be great. My sister-in-law and editor, Ariel Gardner, has been using micro-investing apps for over a year, and today she is going to teach you all about this topic.
I heard about micro-investing for the first time a few years ago, and I was immediately intrigued.
The idea is that you’re investing on a small scale, and it’s meant to appeal to new investors who feel intimidated by traditional investing.
Maybe you feel like you don’t have enough money to start investing or investing just seems too difficult. There’s also the reality that the market goes up and down on a regular basis — also scary for anyone who’s new to investing.
Micro-investing aims to remove all of those barriers and teach you that investing is more accessible than you may have thought.
About a year after I learned about micro-investing, I decided to try it out and invest through a couple of different apps — Stash and Acorns.
Today, I’m going to tell you what I’ve learned through the process and about some of the best micro-investing apps available now. [Read more…]
