If you’ve been considering investing your hard-earned dollar for some time, but you’re not exactly sure where to start, this article was written with you in mind. Unless you have a personal financial advisor by your side, making wise investments can seem like a complicated and daunting prospect. Thankfully, there are plenty of resources out there that can help you to get the most of out your money. In this particular post, we’re looking at Spaceship invest, detailing exactly how their universe portfolio will help you to make wise decisions with minimal risk.
What is spaceship invest?
In a nutshell, Spaceship invest is a platform that genuinely believes in investing where the world is going, not where it’s already been. The knowledgeable investment team has hand-picked 200 companies that they think are less likely to be disrupted than others, allowing you to invest in them using the Spaceship Universe Portfolio. Although they’re an Australian based company, you can make worldwide investments into leading companies such as Amazon, Boeing and Disney.
The handy app allows you to invest your weekly savings with a comprehensive portfolio of opportunity at your fingertips. The app has been designed with newcomers in mind, ensuring that it’s easy to use, with plenty of digestible advice and resources that will make investing fun. Thanks to the set-up of spaceship, you can establish a regular investment strategy that is tailored to your budget, it’s that simple.
How much do I need to invest?
If you’re looking to start small, you’ll be glad to know there is no minimum investment. Furthermore, you can enjoy no entry or exit frees as well as no fees for the first $5,000 you invest. Above that, the total fees you’ll have to pay range between 0.05% to 0.10%, depending on the portfolio selection. Thanks to these super-low fees, you’ll get to reap the benefits of your investments without having to pay out a large chunk to the middleman.
The facts and figures
If you’re wondering why exactly you should trust an app like this. You should know that as of January 2019, Spaceship employees over 40 experts across operations, compliance, risk and investment. So, it’s like having a financial advisor by your side at a fraction the cost.
Since launching in April 2018, Spaceship has welcomed over 39,000+ customers, managing more than $200m of their money.
Beyond helping you to invest your money wisely and increase your capital, Spaceship also offers an abundance of valuable information to help you with your finances. From calculating your net worth to tips for financial freedom, there is plenty of content at your fingertips.
What you need to know
While it is incredibly beneficial to use an app like Spaceship invest, it’s also essential that you understand the risks involved with the investment. There is no guarantee that you will make a return on your money, so, it’s vital that you’re in a position to invest in the first place. If making an investment is something you dream of in the future, but you could use a little support on your money management in the meantime, there are plenty of apps that will help you to get there.