Introduction
Public Investing App is a popular smartphone application that allows users to invest in various stocks and exchange-traded funds (ETFs) for free. The app was launched in 2018 and is based in New York City. It has gained a lot of popularity among investors due to its user-friendly interface and the ability to invest with no commission fees.
Features
Public Investing App offers a range of features that make it stand out among other investment apps. One of its most notable features is the ability to follow other investors and view their portfolios. This feature is called “Public Profiles” and allows users to see what others are investing in and what their investment strategies are. Another feature is the “Themes” feature, which allows users to invest in portfolios based on specific themes such as technology, healthcare, and sustainability. The app also offers a variety of educational resources, including articles and videos, to help users learn about investing.
How It Works
To start investing with Public Investing App, users must first download the app and create an account. Once the account is created, users can link their bank account to the app and transfer funds to their investment account. Users can then start investing in stocks and ETFs by simply searching for the company or fund they want to invest in and placing an order. The app also offers a feature called “Auto Invest” which allows users to set up automatic investments on a regular basis.
Benefits
There are several benefits to using Public Investing App for investing. One of the main benefits is the ability to invest with no commission fees. This means that users can invest as much or as little as they want without having to worry about fees eating into their returns. Another benefit is the ability to follow other investors and view their portfolios. This can be a valuable tool for those who are new to investing or looking for new investment ideas.
Risks
While Public Investing App offers many benefits, it is important to remember that all investments come with risks. The value of investments can go up or down, and there is always a chance of losing money. It is also important to note that the app does not offer as much customization as some other investment platforms. Users cannot pick individual stocks or set up more complex investment strategies.
Conclusion
Public Investing App is a great option for those who are looking to start investing or want to invest with no commission fees. Its user-friendly interface and educational resources make it a great choice for beginners, while its “Public Profiles” feature and “Themes” feature provide more advanced options for experienced investors. However, it is important to remember that all investments come with risks and users should always do their own research before making any investment decisions.
