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5 Must-Have Investing Platforms for May 2024

INVESTING - ONLINE BROKERS
Last updated April 23, 2024 | By FinanceBuzz Editors

If you’re new to investing or have been with the same brokerage for years, you probably missed a huge jump forward in online investing.

We’ve put together a list of platforms that are completely changing the way we think about investing. These user-friendly platforms can guide you through purchasing whole or fractional shares, and even grant you access to assets that were previously out of reach for everyday investors.

Weigh your options, then choose the one that’s right for you.

Invest in Google, Tesla, or Amazon for just $1

Once you’ve paid all your essential monthly bills, take a look at what’s left in your bank account and come up with an investing strategy. Even if it’s not a lot of money, don’t let that stop you – you can start investing with just $1.

Stash was built to help beginning investors get started. You can invest in fractional shares (partial shares) in companies that are household names like Google, Tesla, and Amazon. A single share of some companies could cost hundreds or even thousands of dollars, but with fractional shares you can invest with as little as $1.

If you're thinking about saving for retirement, you can start investing in an IRA and enjoy the tax benefits that come with retirement accounts. Stash also offers tools and guidance to help you along the way.

Special Offer: Download Stash today and deposit $5 to earn a free $20 towards your first investment. We don’t know how long this will last, so take advantage of it today before it disappears.

Sign up for Stash and make your first deposit now

Invest in “cash flow” properties for as little as $500

Rental properties can be a powerful source of cash flow. But what if you don’t want to buy (or manage) entire rental properties?

Thanks to recent advances in investment tech and legal, it’s now possible.

CalTier gives you access to cash-flowing commercial real estate starting with as little as $500.1 These “cash flow” properties are alternative investments that fall outside of the stock market and are not always available to retail investors.

Where your money goes: Your investment is spread across a portfolio of cash-flowing apartment buildings, either directly or as fractional investments with CalTier’s real estate partners.

How you get paid: CalTier with their partners manages the buildings for you. When applicable, you’re paid directly to your bank account from the potential income generated by the portfolio in proportion to your share ownership in the fund.

Ultimately, CalTier is a powerful tool that can help you get started in the world of cash flow real estate … all for a fraction of what it would cost to buy an entire property yourself.

Get started with as little as $500

Build passive income with shares of rental homes

Secret: You don’t have to be an Airbnb host to build passive income with rental properties.

Ark7 is a new way of building wealth by investing in high-quality, professionally managed rental properties … without having to buy the whole property yourself.

Sign up for free here and make sure you confirm your email so you get access to the properties. Then, simply choose properties you like and invest in shares of them. The investment minimum is $20. Of course, the more you invest, the more earning potential you have.

Ark7 investors have earned 5%+ annualized distributions from monthly income alone2. If applicable, you’ll receive monthly distributions straight to your account.

Get started

Get a free stock valued between $5 to $200

Robinhood is a great option for both new traders and seasoned investors.

With Robinhood it’s completely free to buy and trade stocks, options, and more. All trading is commission-free with no account minimums or maintenance fees. They’ll even give you a free stock in a company like Apple, Sprint, or Ford.

Sign up using the link below and Robinhood will add 1 free share of stock (valued between $5 to $200) to your account when your brokerage application is approved.

Sign up for Robinhood now

Download the investing app CNBC calls “ChatGPT meets Robinhood”

You can now invest using the world’s first AI investing assistant.

It’s called Magnifi, and it’s a powerful (and almost magical) app that CNBC has referred to as “ChatGPT meets Robinhood.”

Magnifi’s unique AI approach means you get more guidance than a brokerage … but less cost than an advisor.3 Simply link your Robinhood, E*Trade, and other brokerages, and the AI will help find potentially untapped opportunities across all your holdings.

With Magnifi, getting investment advice is as simple as texting. After connecting your brokerage accounts, just open the chat and ask questions like, “How can I invest $1,000,” “Compare Apple, Tesla, and Nvidia,” and even, “Am I paying excess fees?”

Every time you ask a question, Magnifi uses pro-level data from sources like Morningstar, Factset, FRED, and more to give you powerful advice through the lens of your unique investment portfolios. It’s unlike anything we’ve seen!

BONUS: For a limited time, sign up today and get 50% off your first month (just $7!).

Get started

4.6

Stash Benefits

  • Get $20 to make your first investment4
  • Invest in stocks, bonds, and ETFs
  • Fractional shares available
  • Start investing with just $5
Visit Stash


How we chose these products

FinanceBuzz evaluated a selection of investment products offered by our partners, looking at various criteria including product features, fees, and more. We did not review all products in the category and compensation was considered when evaluating and ordering the products.