065. Investing Made Easy: There's An App For That

Old Money

Want to stop mindlessly scrolling and start mindfully earning? Yes, there's an app for that! Join Amber as she dives into the world of investment apps and reveals the secrets to sustainable investing. You'll learn all the tea behind Robinhood and what you need to know to protect your portfolio. From the pros and cons of the top robo advisors on the market to understanding the dangers of day trading, this episode equips you with the foundation to head into the app store with confidence.

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In today's episode, we cover the following:

• Amber's Cash Consciousness update (0:45)
• How to be a smart investor (11:28)
• Robinhood: game-ifying investing (14:53)
• Protecting yourself on investing apps (27:05)
• The pros and cons of robo-advisors (30:03)
• Wealthfront (34:08)
• Betterment (37:00)
• Acorns (38:34)
• Ellevest (40:34)
• Investing is a long-term game (42:27)
• Calming your financial fight or flight (48:45)
• What to expect on next week's episode (51:55)

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RESOURCES:

• Episode 042: Do You Need a Financial Planner to Build Wealth?
• Research the best investment for you on Bankrate
• Invest in startups with WeFunder

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Take control of your financial life today. Download your free Net Worth Tracker at oldmoneypodcast.com/networth and track the GROWTH of your financial future.

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The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.