How to Use Technology to Help You Invest

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How to Use Technology to Help You Invest 

Are you looking for ways to start building your investment portfolio? Perhaps you’re worried about current restrictions that have been put in place due to the global pandemic. We may not be able to meet face-to-face, but this shouldn’t hinder our investment opportunities, in fact, with a little help from the technology world we’re able to continue processing deals and investing money from the click of a button. 

Experienced investors and industry experts have used technology for years, and if you’re currently isolating, there has never been a better time to start exploring the latest technology on the market to help with your investments 

Read on to find out how using technology has helped investors in both the stock and property market and how it can start helping you too.

Virtual Reality Technology

This type of technology has been used for many years in the gaming industry to create the best experience possible for users. Now other industry’s such as the property market are also looking to use virtual reality (VR) to enhance their businesses and appeal to more people. Through the use of VR technology, investors can look at recordings or witness in real-time a realistic tour of their future asset. This is a fantastic way to attend property viewings without having to be there in person. Investors may have to buy an affordable VR headset for the full experience, but it’s worth it for those who are considering investing in property and want to secure their deals sooner rather than later. One property company that has found this technology particularly useful is UK based experts RWinvest who are offering virtual viewings to potential investors all around the world.

Smartphone Technology

Amplify your financial strategy, read up on the stock market and use the latest smartphone apps to invest for you. There are a plethora of investment apps available for both android and iOS users, whether you’re starting your investment venture or you’ve been in the game for a while – there’s an app for everyone. The very best apps can help you with monitoring your finances, improving your credit score, savings, and most importantly, investments. Three of the most recommended investment apps are listed below:

1. Moneybox

Perfect for those who are new to the world of investment as it’s designed for beginners. Start by investing small amounts of money or set up ISAs to generate interest on your savings.

2. Titan

This is the award-winning app of choice for investors. A more complicated investment app, ideal for those with years of experience and are used to having their money tied up in investments.

3. Stockpile

Great for those who are interested in getting friends and family involved in the stock market. Use the app to gift stocks, and you can all enjoy the benefits of using technology to invest.

However you decide to use technology to help you invest, be sure to do your research on the market beforehand, as there is no guarantee when it comes to investing your money.

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