With our phones at our fingertips, we can learn about, manage and keep on top of investing. 📱 Whether you’re a complete newbie or you’re an experienced investor, apps are always great to have. In this article, we’re going to tell you three personal investment apps you need on your home screen. These apps are free to download but like with most investments, you’ll be charged additional fees when you decide to invest with the company. 🙋
🔑 It’s important to remember that when you invest money, the value of your money can go up and down, meaning you aren’t guaranteed more or even the original amount you put in.
Wealthify is a Robo investment platform 🤖 that helps you automatically pay into your investments each month. Wealthify lets you invest as little as £1, withdraw at any time and lets you choose what level of risk you’d like to take by asking you what kind of investor you are. After you’ve opened your Wealthify app and answered a couple of questions, you’ll be provided with a sample portfolio. This is where you can see the projected value of your investment depending on your initial investment, monthly investments, investment style and investment theme. 💷
One of our favourite Wealthify features is that you can choose to be an ethical investor. 🌱 This means that you can get a blend of environmentally and socially responsible investments when it comes to choosing your investment theme.
You can read up on Wealthify’s low investment fees here .
Plum is an AI assistant that helps make saving and investing less of a chore. It’s an app that analyses your spending habits and automatically saves your money for you. 💷 Plum is linked to your bank account and upon analysing your transactions, it works out the best amount of money for you to put aside each week. All you need to do is choose what your savings goal is, sign up to Plum and have a UK bank account, easy! 👌 Not only can you save money with Plum, but you can also invest in a Plum Stocks and Shares ISA or a General Investment Account.
Our favourite Plum feature is the 52-week challenge. This is where you save money every Monday starting with £1 and increasing by £1 each week. Something else we just love is the rainy day feature, where Plum will save or invest money every time it rains! 🌧
Check out Plum’s fees and how they make money here.
Fidelity is a great platform to use if you’re a beginner who wants to invest in a ready-made investment portfolio straight away. 📈 A ready-made investment portfolio is a simple way to invest. As hinted at by the name, it’s when a portfolio is created and managed for you by an investment provider, and it can be based on your personal criteria such as how much risk you’d like to take. Don’t worry, when you start learning more and feel confident picking out your own investments and trades, you can do this with fidelity too. 🤩
Fidelity is one of the largest investment providers in the world 🌎 and one of our favourite features is the navigator tool. This assists you in making your own investment choice based on features that are important to you. You can choose between growth funds and income funds, expert focus and cost focus, and your risk level.
Get up to speed with Fidelity’s investment fees and charges here.
When it comes to investing, it’s important that you’re making confident and well-informed decisions. There are plenty of great resources online to learn about how to invest and what to invest in. Remember, investing is your choice so do what feels best for you.
The act of investing means you want to safeguard your future. At Bequest, we pride ourselves on providing an easy and streamline way of getting your future sorted for both you and your loved ones. Writing a will can help make sure your finances and investments get into the right hands when you die. Speak to our will writers about leaving investments in your will today. 💛