From the vestiges of the outliers to the mainstream – investment apps have seen an incredible boost in development over the last decade with more consumer applications available and platforms than ever before.
Through these incredible developments we have seen a tremendous number of everyday people and professional investors make the switch to these investment apps in lieu of more traditional routes. It is not hard to see why, the unmetered conveniences and incredible array of options people have a chance to buy is reason enough to see. Factor in the less cumbersome trips to the brokers and the live updated information and sprinkle a worldwide marketplace to choose from and you’ll start seeing why more people choose investment apps than ever before.
With the technology being so impressive and innovations aplenty, it can be hard to imagine what it was like even a few years ago, this article will be covering the past, the present, and the potential future for investment apps.
Where We Were
In the beginning times, where web 1.0 was the way of the world – there were already institutions and companies looking to capitalise and provide a newfound way of getting the notion of investment apps into the zeitgeist. While a little rudimentary and restrictive to the times, these investment apps were the bridging point for many smaller investors who had smaller amounts of capital but still wanted to break into the concept and have a diversified income stream.
These sites and investment apps became more and more responsive as time went on and eventually grew and innovated into more intuitive beasts that would make most stockbrokers obsolete.
Where We Are
As it stands today, there are a number of intuitive investment apps that consumers have to choose from that have many more features than the days of old. Not only does lightning-quick internet speed assist with efficiency and data updates, but there are also features such as market trend analysis programs, portfolio monitors and management applications, and a slew of advisory avenues to better understand the market that is accessible to more people.
The things people can buy into with investment apps is diversifying and expanding as well with the rise of digital assets and the dawn of web 3.0 that signifies more ways to invest than ever before. Cryptocurrencies are one of the most talked about phenomena of the late 2010’s and now there are investment apps that are solely dedicated to the once niche currency.
More effort has been put into making investment apps more reliable and safer to use in the modern world. Better security and more data retention laws have allowed consumers to feel a little better about using these platforms to put more of their money into.
Another dominant feature on the current offerings is the convenience to sell, buy, and stake from anywhere at any time – as long as you have an internet connection, the literal world is your oyster. This has been very beneficial for those who are focused on the fast-paced world of day trades which has also become a trend that has expanded beyond the walls of Wall St.
Where We’re Going
Where are we going? No one really knows – but we are hopeful that there will be more innovation into these platforms that will seamlessly integrate themselves to be a benefit to more people’s lives. It has been inspiring so far to see so many more people from all walks of life take part in the great capital machine and secure their futures with more than just a bank account or a mattress.
