What is Mainvest! Mainvest is an investment brokerage company that instead of focusing on the regular stock market or real estate like most brokerages nowadays, instead allows people to invest directly into small businesses and share in their profits. Their returns are supposed to be about 10-25% on average with returns as little as $100….
What is M1 Finance! M1 Finance is an investment brokerage that offers investment and banking services. The unique thing about M1 Finance is that they were one of the first brokerages to offer both commission-free and fractional shares on any stock listed in the US stock market. They did have predecessors like the investment brokerages Stash and Robinhood that really…
What is Robinhood? Robinhood is an investment brokerage that’s named after the famed fairy tale character of Robinhood, who stole from the rich and gave to the poor. Robinhood named itself in such a manner because they were one of, if not the first investment brokerage that allowed people to invest commission-free. Before Robinhood, most…
What is Unest? Unest is a new brokerage account that lets you invest in a particular type of account called a UTMA, which is a tax-advantaged custodial account for kids that allowed parents and other relatives the ability to invest so that the child can use the money for large expenses. It can be used…
What is Qapital? Qapital is a budgeting app similar in nature to the Digit app that I’ve talked about previously. The Qapital app allows you to budget your money by connecting your bank accounts to it and setting up savings or investment goals in the app. After setting up your own specific goals the app…
What is Digit? Digit is a new budgeting and investment app available on both the App and Google Play stores. It allows you to create unlimited savings goals that are like Sofi’s “vaults”. It can help prevent you from getting hit by overdraft fees from your bank by instantly transferring savings over to your bank…
Image from m1finance.com What is M1 Finance? M1 Finance is an investment brokerage that offers investment and banking services. The unique thing about M1 Finance is that they were one of the first brokerages to offer both commission-free and fractional shares on any stock listed in the US stock market. They did have predecessors like…
What is Sofi? Sofi is an online bank that is very oriented towards the social and financial well-being of its customers. They started off as a lending institution that was mainly focused on student loans to help students getting the best rates they could if they were going to get loans for their higher education….
Video from Greenlight’s Vimeo channel What is Greenlight Debit Card? Greenlight Debit Card is the best banking and investing app to teach your kids finances! Greenlight is a debit card for kids, managed by parents. But it’s so much more than that. Their tools give parents superpowers, with more flexible controls than any other debit…
