Here are my Top 5 Favorite Investing Apps in 2019 – and each of their pros and cons. Enjoy! Add me on Instagram: GPStephan
Second Channel:
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
FIRST: Robinhood Investment App – GET A FREE STOCK
They’re a stock trading app that allows you to trade stocks, efts, and even cryptocurrencies…completely FREE. That’s right, I said it…it’s FREE.
Now, I will say, this app is NOT perfect, and there are a few small downsides I see:
1. I’ve heard customer service is lacking in the event you have any issues. For this reason, I probably wouldn’t recommend trading with a HUGE amount of money if you’re going to be using this
2. You’re not able to purchase fractional shares…this isn’t the end of the world, but it would be nice to be able to get fractional shares if you can.
3. No dividend re-invest (DRIP)
4. No retirement accounts
SECOND: M1 Finance:
M1 Finance is an investment app with…my favorite…NO FEES. Now since I’m reviewing this second to Robinhood, I should note a major difference between the two:
Robinhood is an app that’s GREAT for trading stocks…if you’re buying and selling all day, Robinhood is the best choice.
A HUGE benefit to using M1 Finance is that they allow you to buy Fractional Shares. The other benefit with this is that they allow dividend re-investing, which allows you to continually purchase more stocks with the money those stocks generate.
If there’s ANY downside here, it’s that it’s not really the ideal platform for DAY TRADING stocks…this is because they don’t allow you to buy and sell a stock within the same day..
So overall, I’m super happy with M1 Finance and would recommend this as a good app to use.
THIRD: Acorns Investing
Sign up for Acorns and get $20 (LIMITED FOR JUST APRIL 2024):
Acorns is an an app that helps automate your investing. And their most notable feature, in my opinion, would be their “round up” feature – this lets you invest the spare change from what you spend, and you can just “round up” every single purchase to the nearest dollar to invest the difference.
Overall, this is a REALLY decent app if just for the round-up feature alone. However, the downside is that the $1 per month charge heavily eats into your profit if you only happen to have a few hundred dollars invested, or ONLY use it for the round up feature.
But, once you have more than $5000 invested in Acorns, the $1 per month fee is pretty much on par with Vanguard, and beyond that dollar amount, they even become CHEAPER.
FOURTH: WeBull
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1000):
This one is fairly similar to Robinhood in the sense that it’s a free stock trading app where you can buy and sell stocks with ZERO commissions…and on the surface, they’re very much alike.
But where WeBull really pulls ahead of Robinhood, is in their charts…as you begin to get more serious into stock trading, WeBull just offers a lot more with their analytics.
Overall, if I were to say anything negative about them – I would just say that it takes a little bit to figure out how to navigate the app and their charts, but for a free stock trading app, I’d highly recommend it.
FIFTH: Fidelity Investing
The reason I like this so much is that their app allows you to invest without any minimums, without any fees, into many of their completely free index funds…so everything within this is totally free.
Now I need to mention, this is NOT good to use if you’re looking to buy and sell individual stocks – because they will charge you a $4.95 commission per trade. So don’t ever do that when you could just use M1 Finance, WeBull, or Robinhood to do that for nothing…BUT, if you’re looking to invest in their own index funds…which most of you should be doing…this is ideal.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
Guys, I had a consulting call with Graham on Sunday and he was in his car with broken A/C and he rolled his windows up to take my call and nearly died of heatstroke. Graham is a true man of the people 🙌🏼
Yooo!! Yo commented!! Thank you so much for the call! I’m replying to this in the car without AC, every time you show up I’m without cool air 😂
@@GrahamStephan hahah
I have to do the same thing right now any time I get a call in my car 🙁 I feel for you Graham… I was mad that my 2013 acura got an ac leak but a brand new tesla? How??
@@EDCwithAaron The new refrigerant standard used physically slips past seals faster than the previous 134a. Not enough refrigerant and the AC clutch won’t engage to run.
SINCE WE ALL LOVE FREE
can’t go wrong here
https://worthybonds.com?r=mRFBO
Graham, I’ve binge watching your videos, and I want to thank you for so much good advice and tips for improving credit and investing, It’s been motivating me to pay off my debt faster and investing/save a bit more so I appreciate that! Thanks and keep up the good work!
1) Robinhood @1:39
2) M1 Finance @ 5:56
3) Acorn @ 8:58
4) Webull @ 11:25
5) Fidelity @ 13:54
oh you’re so helpful
Got a robinhood ad while watching you talking about robinhood
I watched this twice… it’s so complicated when you are starting out, tnx Graham
You are the ONLY YouTuber I constantly smash like button for!
Love your videos and do appreciate all your research!
You’re videos are very well researched and presented. Keep up the amazing work.
I would love it if you also did the 5 worst apps! I find your videos so helpful, thank you for making them! Also an update to anyone who doesn’t have Robinhood, you can now do fractional investments and dividends reinvestment.
Don’t forget to get your 2 Free Stocks when you Deposit $100 on WeBull – Each one is worth at MINIMUM $8 and all the way up to $1600 during their latest promotion! https://www.webull.com/activity?inviteCode=Vowbik9Tm5he&inviteSource=wb_kol_us&source=main
I
I got tired of people telling me how much they make from frox trade rather was interested in how they made their profit AND that’s how i got to where I am today. If you’re interested in making good money online through FOREX trading. I think you need some advice from an expert not just watching videos. That’s how i understood forex and now i ean up to $25.000 weekly from forex. If guess I can improve then you can do too. feel free to contact mr carlos @carlos_1uptrades for help on Instergram, tell him i recommended him to you
Graham you look like a passive aggressive elf
@@goldsilver8477 dont fall for the scam guys
Regret your decision placement of 1st place. Retraction vid?
This channel has been one of my favorite and has grown so much since I joined at around 200k. Please never stop being you! Much love!
Started following you about two months ago. Going back to all your old videos. I love your content. So interesting and love your enthusiasm.
Excellent pro and con analysis 👍🏾
Love it, thanks Graham!
Saludos from Chicago!
You’ll have to re-make the video after the GameStop war. Lots of new investors will want to switch after Robinhood, eTrade, etc blocked their buy.
That’s why I came here lol
Need to remake this
are there any other option?
@Jason Truong Yes
@@Contentwatcher1 wich one
This aged really well Graham
Are you THE Charles Schwab!
Facts hahahaha
Lol. I’m here tryna ditch Robinhood.
@Dank Waifu ive been looking at sofi people have been recommending it all over the place
What apps are y’all using? And is Using Robinhood still worth it?
NEED 2021 EDITION: Fidelity doesn’t charge a commission for stock trading anymore and Robinhood is robbing the hood.
😂😂😂😂😂😂😂😂
Yeah I buy and sell stocks all the time on fidelity i still have all my money and even buy parts of shares when I can’t afford an entire one
Yes no more Robinhood
What‘s the name of the Fidelity App?
Omg I’m laughing like hell…😂😂😂
To anyone reading this, Remember Rome wasn’t built in a day, Your hard work will pay off
The way Mrs Doriana Ndele multiplies investment to make huge profits is really mind blowing.
A friend I recommended to her just received her profit.
People are afraid investing in bitcoin because of the high rate of scam.
@brian jonesit’s No doubt but there are still good and trustworthy brokers out there waiting for investors.
Her Trading strategies and services can only save Us now.
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires….
As an independent man I started my first investment plan with just a $1,000 and now earning weekly income of $8,700 in cryptocurrency exchange with my personal brker
Btcoin has been rising for a while now and it might keep rising or decide to fall again. The truth is no one knows, I believe it’s right time to make purchase and also get the assistant of a professional
@johnmark5119Stacy Griffin is my personal professional brker, I met her at a conference in 2020 and we have been working together ever then
Please how can I get in touch with Stacy Griffin? I will also like to invest with her
I have also come across her on insta gram,.,.,.
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?
@@harrietlancaster44I’m assuming he took her name down… Would you mind sharing it again? lol