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5 Must-Have Investing Platforms for May 2024

INVESTING
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

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 alone1. If applicable, you’ll receive monthly distributions straight to your account.

Get started

Get a free stock valued between $5 to $200

Secret: You don't need thousands of dollars to buy thousand-dollar stocks or create a diverse portfolio.

Robinhood offers a method of investing called “fractional shares.” On its own, one share of a single stock could cost a lot of money, making it difficult to diversify. Robinhood allows you to buy pieces of stock instead, so you have the option to build a diverse portfolio quickly.

Let’s say you want to invest $250, as an example.

With that amount, you could build a relatively diverse portfolio with an investment of $50 in a big tech stock, $50 in a retail stock, $50 in an energy stock, $50 in a manufacturing stock, and $50 in a bank.2

Even better news? Add a Robinhood Gold membership, and you’ll get access to 5.00% APY3on your uninvested cash4and the ability to buy and sell stocks 24 hours a day, 5 days a week.

Open and fund a Robinhood account and earn up to $200 in stock

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.5 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 investment6
  • 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.