Composer by SoFi

I don’t gamble often but when I do it’s poker not day trading. (More fun). Composer offers a place for me where I (the casual long investor) can do copycat or easily utilize AI with my own parameters, instead of institutional research departments and the fees associated with managed accounts. I m trying it for a bit to see how it goes. Lots of etf going on by AI here.

When there are subscriptions required in order to use an app, the app should NOT make you deposit before mentioning the cost. I deposited $50 to try this out and didn’t find out there was a $32/mo subscription required until after the deposit. That is a shady practice and it should be (likely is) not legal. Now I have to wait for six business days to withdraw my deposit. I know $50 is not much but just imagine how many people are falling into this trap and giving this company free money on their books for a week at a time for absolutely nothing. Steer clear of apps like this in my opinion.

I have never been all that good at investing and keeping up with market trends. I was skeptical at first because the yearly subscription is a bit of an investment but I made my money back within the first 2 weeks. This does make sense if you are circulating larger amount of funds. I think if youre investing less than 2k then it may not be worth it but anything over than that is easy money. I just choose the newer symphonies that have ratios that I can agree with and thats it, I have never lost and its been 6months. With 8 k I have made 1.9k in the 6 months. I tell everyone about this app.