Share Invest: Personal ETFs

Share Invest has been fantastic and very simple way to invest. I have always had 401K/Deferred Compensation type investments in mutual funds but is very “hands off” way to invest. This is a bit closer to the actual selling and buying of stocks, but Share Invest does the research for you. I certainly don’t have the time with four kids and a full time job, not in the financial world. The EFT’s seem to be a good way to minimize risk while investing in certain sectors which are interesting and exciting.

Share is user-friendly, very convenient to manage my investments, track my portfolio performance and make informed investment decisions. I’d like to invest in ETFs because individual stocks are too risky for me to buy. However, many ETFs hold the number of stocks up to over 7,000, which reduces profitability and particularly majority of them I do not like. Luckily, I found Share app which addresses both of my concerns. Share provides a wide variety of ETFs with approximately 10 key stocks in each category. Moreover, it allows me to assemble my own EFTs, buying and selling any stock at my fingertips. Most importantly, it’s very flexible, offering to invest as low as $20 per week, per month, etc., a dollar-costing average strategy.

I’ve recently decided to take control of my finances vs the other way around so that rather than being afraid of money and avoiding thinking and talking about it, I decided to educate myself and learn more about saving and investing. Share is the perfect app to start learning how to be wiser with my finances and it keeps me accountable on my financial journey. Rather than making rash decisions that I will come to regret later, I am making small incremental investments within my budget to become financially savvy. It’s an easy app to use, and it’s perfect for what I’m looking to do.