Monday, August 12, 2019

Virtual Investing Made Easy

By Alisha Johnson, Ensley Branch Library

If you are like me, you are always seeking new avenues to make your money work for you. Traditionally, starting a savings account has been the tried-and-true way to save a few coins, but over the years there have been a number of online investment strategies developed to help you do just that. If you are feeling a bit unsure of where to start, there are a few online options to give you the nudge you need.

  • Acorns – Uses “roundups” to invest when you make purchases by using your debit card allowing access to one portfolio offering
  • Robinhood – Works like Acorns but allows for diverse portfolio options
  • Stash – Deals with individual stocks no diverse portfolios

Analyze your financial situation, do a bit of research and discover which investment strategies work best for you.

Check out these resources at your local library!

Investing 101: From Stocks and Bonds to ETFs and IPOs, an Essential Primer on Building a Profitable Portfolio by Michele Cagan, CPA
Investing for Beginners: Essentials to Start Investing Wisely
Investing for the Utterly Confused by Paul Petillo

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