Make Money From Investing
The scary world of investment! Whether it's stocks or shares or NFT's (whatever they are) or fine wines and watches and whisky, it's a scary world out there! And there are so many platforms to choose from! But which is best? That's an excellent question. We have cash invested in a few of them. Learn from our experience, our mistakes and our foolishness. For example, never listen to my mate Mike when it comes to crypto investments. He hasn't a clue and is the only person ever to cause me to lose money. The man is a liability. Also, beware of "free money" offers as it is only actually free if you invest some of your own money as well. We would be lying if we pretended that we know what we are doing with investment. We haven't a clue! Be careful, We weren't and lost cash. If you can get some freebies do it. If you know what you are doing, then do it and make the most of owning fractional investments. If you meet any one called Mike who gives you advice.....run!
THE MAIN INVESTMENT PLAYERS
Coinbase is an American publicly traded company that operates a cryptocurrency exchange platform. The platform allows users to buy, sell, transfer, and store various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. We like coinbase as it gives you rewards for learning about crypto and little chunks of free crypto now and then
Freetrade is an online platform that allows you to invest in over 6,100 stocks and ETFs without paying any fees. Here are some key features: Commission-Free Trades: Freetrade lets you buy and sell shares without any commission fees. Fractional Shares: With Freetrade, you can even invest in fractional shares. This means you can buy a portion of a stock rather than a whole share, making it accessible for investors with smaller budgets. We liked free trade and got lots of free shares. We even won a competition! It's a simple fun platform where you don't need to invest too much.
eToro provides a platform that enables both manual and social investing.
Investment Options: Stocks and Beyond: eToro allows you to invest in over 5,000 assets, including stocks, cryptocurrencies, and other instruments. Crypto Exchange: eToro offers a crypto exchange where you can trade 30+ cryptocurrencies.
What makes it different is CopyTrader™: With eToro’s innovative feature, you can automatically copy the moves of other investors in real time. Find investors you believe in and replicate their actions.
Other Options?
There are lots of different platforms out there. What is best if you are just starting out and have little investment knowledge? If you’re looking for investment apps that offer free cash or bonuses to get started, here are some options:
1. Plum: Plum is another app that lets you start investing with just £1. It offers a variety of investment options and has positive user reviews.
2. Trading 212: With a minimum investment of £1, Trading 212 provides a pay-as-you-go fee structure. It’s highly rated by users
We haven't tried these apps yes, although they are on our lists. Don’t forget! All these apps are different, always read the small print to explore the features, fees, and user experiences of these apps to find the best fit for your needs. We'll be adding more apps to this list as time goes by but in the mean time....
Keep in mind that terms and conditions apply, so always review the details before signing up.
