The wiLLBe Invest app has been around for a while now. It’s had quite a few updates and upgrades to make it better than ever. We’ve seen new features added, such as the ability to buy stocks and bonds right in the app, but there’s still more out there! Here we’ll walk you through how to use Invest app, some of our favorite features that have been added recently, and some tips on where to start with investing in your own portfolio.
Fund Your Account To Get Started
You can fund your account in one of three ways: cash, credit card or bank transfer. To get started, you’ll need at least $100 in your account. In addition to that minimum amount, you can fund your account with multiple transactions if necessary by using the same method as above (i.e., cash, credit card or bank transfer).
Decide Which Investments You Want To Make
After you’ve created your account, log in to wiLLBe Invest. You’ll be greeted with a list of investments to choose from.
You can choose from three types of investment: stocks, bonds and mutual funds.
Stocks are shares that represent ownership in a company. They’re generally risky but offer the potential for higher returns than other investments like bonds or mutual funds—which means they’re also more volatile and can lose money just as easily as they can make it!
Decide How Much You Want To Invest In Each Asset
Once you’ve chosen the platform for your investments, you need to figure out how much money to put into each asset. In other words, it’s time to decide how much of your portfolio should be allocated towards stocks and bonds and real estate.
- Stocks – This will be the largest portion of your portfolio because they are volatile but also provide an opportunity for growth over time with little risk compared to other asset classes
- Bonds – They have lower returns than stocks but also less volatility (or risk).
Enter Your Sell Price
You can set your sell price at any time, but if you don’t, the app will sell your investments automatically when the market reaches your target return. If you do set a sell price though, then it will be sold automatically when the market reaches that price.
See The Returns You Can Earn Based On Your Investment Plan
When you first open the app, you’ll see your balance, the current market value of your investment and what that is worth in dollars.
You can change the settings by clicking on “Change Settings” from the top menu bar. This will bring up a modal with options for changing your allocation and plan type: Plan Type (Fixed or Flexible), Allocation (Asset Classes) and Risk Level (Conservative – Aggressive). By default, we have set these automatically based on information provided by our users during sign-up process but if you want to change them simply click “Update” at the bottom of each section!
Don’t forget that there is no minimum amount required when using the app as your brokerage platform. We hope this article has helped you understand our app better and put some thought into making your first investment decision!