KHUSHI SHAH – Mumbai Uncensored, 29th April 2022
There are a bunch of small investment tools that will 10x over the next few years that are waiting to be found. The world of investing has seen drastic changes since its popularization nearly two-hundred years ago.The pioneer of the trend, Warren Buffet, led to the rapid growth of value investing due to both his exceptional success and extreme transparency. Today we all know that investing can be a more powerful way to build wealth than simply stashing it in a savings account.
High minimum investments can be a barrier for people who don’t have a lot of cash on hand to buy stocks, mutual funds, or other securities. Today ‘micro investing’ has become a salient choice among the millennials. Micro-investing means investing small amounts of money into the stock market, often through automatic deductions using an app or online platforms.
Micro-investing platforms are the digital-age equivalent of saving in a jar all the spare change from your purchases and then taking the full jar of change to the bank.
Today on the play store, by typing out the word in the search box we find various platforms making micro-investments accessible to all ages as well
1. Spare8app- An app that invests your spare change with every digital transaction, small or big. They round off your expenditure to the nearest Rs.10 & invest the spare change into a fund of your choice. This app also helps you
create an unintentional saving habit, making your future self thank you every time you spend. Besides this they require no KYC, no minimum maximum expenditure limit and no lock in period for withdrawals of investments. The perfectly secure app for youth with with 256-bit encryption who want to begin investing in digital gold.
2. Smallcase- A smallcase is a basket of stocks that reflects an idea. Smallcases are portfolios of stocks or ETFs, weighted intelligently to track a theme, strategy or objective.Created by India’s leading finance experts & backed by solid research who are SEBI registered research analysts and investment advisors. Smallcase Technologies builds platforms & investment products to invest better in Indian equities making stocks investing simpler.
