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Showing posts with the label low-effort

Acorns Micro Investing App // Let Acorns Do The Investing Behind The Scenes!

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Too Busy To Worry About Investing? Acorns has made it extremely easy to help you invest behind the scenes. You do not need to do much or get too involved with this investing platform. After your initial set-up and entry into the market, you can pretty much leave your account to work for you. It works behind the scenes to invest your money into a custom built portfolio that works for your lifestyle and risk tolerance.  This mobile app has been a great tool for me to invest in the market daily. I utilize this app to deposit $5 each day into the market, no matter how the market is performing. Because of this, I am able to purchase into my portfolio when the market is down, meaning a lower cost on those stocks/funds. This allows for greater returns when the market corrects itself and returns back to normal.  There are plenty of reasons to use Acorns, and hopefully, I can explain why it is a useful investing tool for those that are interesting in investing but have been ...

Bumped App Explanation // FREE Stock Rewards!

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Too Good To Be True? The sound of FREE stock rewards sounds almost too good to be true. I thought this as well when I first heard about Bumped, an app that rewards you with free stock in companies that you purchase from daily. Bumped is an app that allows you to link a credit/debit card within the app (or multiple cards) to get rewards back on purchases you make with those cards. I will be posting a video explaining how it works but I will also give a brief run-down in text form of how it works. In lieu of having to pay a lot to gain brand loyalty, companies are able to reward consumers with small fractional shares of their company. This is done simply by purchasing from that company. Say you make a $100 purchase from Walmart. You would get 2% of that purchase back in stock reward in the form of Walmart stock. So, in this case, you would get $2 worth of Walmart stock into your Bumped account. This may seem a little too good to be true but I have thought about it and I be...