Day 433 - Investing as a subscription - https://golifelog.com/posts/investing-as-a-subscription-1646790267154
Here’s a product idea: Investing as a subscription.
• Take a mobile app for investing.
• Subscribe to it at $5, $10 or $100 per month based on your investing appetite.
• Set up a portfolio - select a few stocks, ETFs, crypto or bonds that you want to buy.
• Let the app automatically choose from your portfolio and buy the these assets every month, using the Dollar Cost Averaging approach.
• Watch your investing compound. Or not.
But the old ways of investing and trading makes it too difficult to navigate. Why can’t investing be as simple as buying groceries from Amazon?
Who’s with me on this?
• Take a mobile app for investing.
• Subscribe to it at $5, $10 or $100 per month based on your investing appetite.
• Set up a portfolio - select a few stocks, ETFs, crypto or bonds that you want to buy.
• Let the app automatically choose from your portfolio and buy the these assets every month, using the Dollar Cost Averaging approach.
• Watch your investing compound. Or not.
But the old ways of investing and trading makes it too difficult to navigate. Why can’t investing be as simple as buying groceries from Amazon?
Who’s with me on this?
