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MicroInvesting Platforms

Postby cmoneyspinner » 24 Feb 2022, 18:05

I'm trying to #DYOR, i.e. do my own research. Part of my research is asking anybody if they are doing it,

I would like engage in micro investing. I have $5. Most of the platforms say I can get started with $5.

My problem is there are so many platforms ~ Stash, Acorns, SoFi, Public.com, etc.

I don't know which one to choose.

Has anybody had any experience with micro investing?

Saved these links as bookmarks. But I'm sharing them here as well.

4 Best Micro-Investing Apps of 2022
~ https://www.thepennyhoarder.com/investi ... ting-apps/

What Is Micro-Investing? - How It Works & What You Need to Know
~ https://www.moneycrashers.com/micro-investing/

Micro-Investing - How to Build Wealth Only a Few Dollars at a Time
~ https://www.goodfinancialcents.com/micr ... trategies/
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Re: MicroInvesting Platforms

Postby sweerie_banana » 24 Feb 2022, 19:37

Hi, that's incredible how you can start with as little as $5. I have always wanted to do micro-investing cause it helps you stick to the habit of saving, and investing. Kuddos. The platform you choose should be a good one in case of any risks involved.
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Re: MicroInvesting Platforms

Postby Ridorz » 24 Feb 2022, 21:14

Well, it's very good to invest on a Microinvesting. I am looking for the legit one that i can invest, though I have seen many of microinvesting advert but I'm d scaring of scams.
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Re: MicroInvesting Platforms

Postby Mika » 25 Feb 2022, 03:54

I have not heard of DYOR, however, I know etoro and robinhood. Sadly, these micro investment platforms are not available in my location.
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Re: MicroInvesting Platforms

Postby skysnap » 25 Feb 2022, 08:16

I have to find something like this india and see if I can use it. I know most of the such platforms if regulated can be a good option too.
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Re: MicroInvesting Platforms

Postby Vehlijanta » 28 Feb 2022, 15:06

Not sure if I heard this anywhere but it looks promising and hopefully I can find something like that in here
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Re: MicroInvesting Platforms

Postby skysnap » 03 Mar 2022, 09:38

I think if it can make you some passive income, I suppose it would be a good move. I dont know if the microinvesting programs are good these days but we can take a look at it eventually.
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Re: MicroInvesting Platforms

Postby raaman » 03 Mar 2022, 09:50

Had anyone been successful with micro investing online? I would like to find out that first. :)
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Re: MicroInvesting Platforms

Postby Tendz » 31 Mar 2022, 14:12

Microinvesting can be specially beneficial for the first-time investors who are starting to understand the world of investing. It's also a good temporary option for those who are having a difficulty in inculcating the habit of saving, and investing those savings.
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Re: MicroInvesting Platforms

Postby skysnap » 01 Apr 2022, 08:12

I think currently the best approach would be making use of the binance earn for now. Because unlike coinbase which locks you. Binance would have option to get money out easily.
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Re: MicroInvesting Platforms

Postby oldbuddy » 02 Apr 2022, 00:28

cmoneyspinner wrote:I'm trying to #DYOR, i.e. do my own research. Part of my research is asking anybody if they are doing it,

I would like engage in micro investing. I have $5. Most of the platforms say I can get started with $5.

My problem is there are so many platforms ~ Stash, Acorns, SoFi, Public.com, etc.

I don't know which one to choose.

Has anybody had any experience with micro investing?

Saved these links as bookmarks. But I'm sharing them here as well.

4 Best Micro-Investing Apps of 2022
~ https://www.thepennyhoarder.com/investi ... ting-apps/

What Is Micro-Investing? - How It Works & What You Need to Know
~ https://www.moneycrashers.com/micro-investing/

Micro-Investing - How to Build Wealth Only a Few Dollars at a Time
~ https://www.goodfinancialcents.com/micr ... trategies/

I have investments at Stash and Robinhood, but it's like watching grass grow, very slowly.
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Re: MicroInvesting Platforms

Postby skysnap » 02 Apr 2022, 07:33

Binance has very good APY for some of the coins. I think I am going to be staying invested with them for this year and see where that takes me.
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Re: MicroInvesting Platforms

Postby cinderella » 02 Apr 2022, 13:10

I am using a local app, GCash for this kind of investment. Actually, they are accepting as low as 1 dollar. It's good to save and invest on a regular basis with whatever extra amount that we have. I haven't tried these sites that mentioned but would have a check.
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Re: MicroInvesting Platforms

Postby oldbuddy » 02 Apr 2022, 14:18

cinderella wrote:I am using a local app, GCash for this kind of investment. Actually, they are accepting as low as 1 dollar. It's good to save and invest on a regular basis with whatever extra amount that we have. I haven't tried these sites that mentioned but would have a check.

You can also set up a subscription for regular investments with Stash (I set one for $1 as a test)
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Working on a New Side-Hustle

Since age is no longer creeping up on me, but rushing in like an NFL ball carrier on 4th down from the 1 yard line. it's very simple.
My 1st success has been https://cashcowtraffic.com/?rid=1631
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Re: MicroInvesting Platforms

Postby skysnap » 10 Apr 2022, 07:02

cinderella wrote:I am using a local app, GCash for this kind of investment. Actually, they are accepting as low as 1 dollar. It's good to save and invest on a regular basis with whatever extra amount that we have. I haven't tried these sites that mentioned but would have a check.


I think coins.ph is a good source for the funds where the funds can be used the right way for the loads and also you can make decent income out it.
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Re: MicroInvesting Platforms

Postby freelancermariagrace » 11 Apr 2022, 09:05

I haven't used micro-investing sites yet, but I'd want to give it a shot next time.
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Re: MicroInvesting Platforms

Postby augusta » 12 Apr 2022, 05:25

it wouldn't be a bad idea to go into microinvesting, provided you can do your research and come up with sites that are really legit. they are so much scam sites online one need to beware.
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Re: MicroInvesting Platforms

Postby skysnap » 12 Apr 2022, 08:14

I think mining platforms would be overtaking the micro investment ones. Like investing into binance can be a good option in near future as well.
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Re: MicroInvesting Platforms

Postby Tendz » 12 Apr 2022, 09:50

On every business in which you are about to invest, doing a research is essential. You can easily get scammed in any investment, this is because the scammers also do the same as the legit ones, so it's hard to differentiate.
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Re: MicroInvesting Platforms

Postby skysnap » 14 Apr 2022, 07:59

Binance earn seems to have been good so far. I have done with good interest on the site and the app. lets see where that would take me in near future.
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