According to a recent report the top ten percent of the population in the United States owns more than 90 % of the nation’s stocks and investments. However, that doesn’t mean that everyone else is completely out of the game. As cryptocurrencies, digital dollars, and the lightning speed transition to a non cash society is fast approaching, some companies are taking notice. Investment brokerages such as Stash, Robinhood. SoFi, and others allow you to invest with their platforms by purchasing stock bits, or other fractional shares of NYSE and NASDAQ’s finest.
Stash, the most recent company to hit unicorn status, is gearing up to take investments and financial literacy to a whole different level via their purchase of PayGrade. They are originally known for offering the average investor a chance to own a piece of fan favorites like Tesla, FaceBook, or Nike for a single dollar. However, you can also purchase fractional shares of your favorites via SoFi, while keeping track of your credit scores, or BitCoin and Ethereum through RobinHood. Either way, there are more than fifteen different options to choose from when it comes to micro investing. For every dollar that you allocate, you will gain compound interest regardless of if you’re depositing one dollar or five at a time. Reaching your financial goals may not happen as quickly as others, but you can start small and enjoy enormous gains one day at a time.
