Topic: Micro Investing

If you're ready to begin your investment journey and have decided that micro investing apps are the way to go, you're on the right track! However, with so many options available, you might be wondering what is Raiz? Or how does Spaceship investment compare to others? We'll discuss the pros and cons of three popular micro investment apps in Australia: Raiz, Spaceship, and CommSec Pocket.

Micro investing is a clever way to Get Started Investing in the markets. 41% of our Equity Mates community currently use a micro investing platform. In simple terms, micro investing is where a broker will pool investor money to buy one unit. In Australia you can micro invest with as little as 1 cent. Micro investing gives us the ability to invest in small amounts, it can automate and allow us to set & forget. But most of all it reduces the media and market 'noise' ... by limiting our choice and relieve us from worrying about losing big chunks of money. In today's conversation, Bryce and Alec discuss whether micro investing is 'a thing' anymore.

This week, Maddy and Sophie were joined by producer Sascha, in the first of two 'Ask Us Anything' special episodes. Together they answered your questions about building a portfolio, analysis paralysis, the crypto world, and how they emotionally prepare for the next market correction.

In this episode, we talk about the rise of micro-investing, and the way that it operates. We discuss he benefits - including round-ups and automation, broad exposure and perfect confidence booster, and then the downsides as well - fees, your ability to beat the market, and the range of options on display.