3 Clever Ways To Invest At These Historic Lows
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The market has been wild recently.
In the past few weeks, the market has erased almost 4 years of gains.
So what should you do?
Do you wait it out?
Or is now the once in a lifetime opportunity to act?
We’re believe in the latter and here are three clever ways to activate your savings now.
1) Start Investing in the Stock Market with Just $5 (And Follow Other Winning Investors)
Tesla’s stock price on February 19th was $917.42.
Since then, you might have noticed that the entire stock market has been crushed. Just one month later, due to the current climate we're in, Tesla was trading at $409.00. That’s a 55% drop in one month! Is now the time to buy?
So we're all aware that there are good opportunities to be had in the stock market.
But if you've never invested in the stock market before, the sheer thought of it can be intimidating.
How do you start?
How do you know which stocks to buy?
We're all so busy. We might not necessarily have the time or desire to pick winners like a seasoned investor could. We might simply want to find companies we believe in to hold and grow for the long-term.
Well we found a service that makes it easy to not only get ideas, but you can also start investing with as little as $5 today.
This new micro-investing app allows you to see other people’s investments and begin with smaller amounts (this is called fractional investing) that make sense for you.
It's called Public
When I signed up, I noticed Shaq was a member and now I follow him to see where he invests.
This really gave me the confidence to piggyback off of other people who might know way more than I do.
It’s not just celebrities, but everyday people like you and I are sharing their stock picks and strategies. I follow Leif Abraham - see below.
To be honest with you, this was really a dream come true for me.
I could see people whose opinions I value and learn why they invest. I can even start conversations with a few other investors to bounce ideas and improve my financial literacy in a real-world environment.
Before you ever make an important decision, what do you do? I know that I generally talk it through with people I trust. I might not follow exactly what they say, but just having a conversation can help me clear my mind and see things in new ways. The same goes for investing.
That’s why I love Public.
I can see where people like me are putting their money, and have transparent and constructive discussions with people from different backgrounds.
Similar to Venmo, Public has a social feed that shows recently verified transactions in a scrolling format.
(Verified meaning that each post is tied to an actual transaction in the app, an investment or sale.)
2) This Company Will Manage Your First $5,000 For Free
We all now that the market is the lowest it’s been in years.
But the bigger question now is, what should you invest in?
Let’s leave that to the pros.
Wealthfront is completely disrupting this space.
Wealthfront is one of the few players in the space that offers managed investing accounts that are completely run by software. It’s literally passive investing on autopilot.
Set it and forget it!
Through their managed investing business, they offer passive, diversified investing for investors looking to invest, and save a ton of money in fees.
Trading, most ETFS, and even worse, expensive financial advisors, can charge you thousands and thousands per year in fees.
That’s money you should be keeping and growing through the power of compound interest!
Wealthfront wants to blow up that business model.
Their passive investing business will manage your funds into diversified, low cost ETFS, and charge you practically nothing for it.
So why should you use Wealthfront over someone else?
1- They Minimize Your Fees
Fees compound over time and eat into your returns.
Wealthfront uses low-cost ETFs, and only charge a 0.25% annual advisory fee on what you invest — a quarter of the industry average.
So, if you invested $10,000 with them, you’re only paying about $2 per month.
Better yet, we’ve partnered wth Wealthfront to offer JoyWallet readers their first $5,000 managed for free over at Wealthfront.
It’s a no brainer to get set up!
2 - They Help Lower Your Taxes
Wealthfront’s platform is smart enough to reduce the taxes you pay, so you can have more money that can grow for you.
Their software executes trades strategically to lower your tax obligation, so you can reinvest the savings.
3 - They Help Manage Your Risk
After Wealthfront get’s to know you, they’ll build a custom portfolio that reflects the risk you’re willing to take.
As the markets move, their software adjusts your portfolio to ensure it stays balanced.
It would take over 150 hours per year to replicate their strategy.
Save that time for yourself, and let their software do the work!
3) Invest in Real Estate Like a Millionaire
Now more than ever, finding security in the investment world seems impossible. Stocks prices are moving wildly in all directions, just looking at the graphs gives me anxiety.
Predictability is completely out the window for most. However, there is one alternative investment historically limited to the wealthy that the average investor can now access to diversify: Real Estate.
DiversyFund is a new-age investment platform that pools together money from thousands of investors to buy and manage real estate funds. They take all of the legwork and difficulty out of real estate investment and boast 17-18% annualized returns for you, much greater than the expected 7-8% in the stock market.
With just $500, you can be like the 1% and own a piece of a commercial real estate property, mostly apartment complexes, that are already receiving monthly rent payments. It’s the easiest way to get access to one of the best alternative asset classes in history.
See Public's Disclosures Here: https://public.com/disclosures