The idea of buying and selling stocks can be pretty intimidating. If you’re a beginner — or even if you’re not — the stock market can seem absolutely mystifying.
Matador demystifies it. It’s an easy-to-use investing app with a community built into it. It lets you learn about the stock market by watching what other investors are doing. And it’s commission-free.
Once you sign up, you can connect to Facebook friends who are on Matador. You can also follow other amateur or professional investors. You can see what stocks they’re buying or selling, and how their investments are doing.
The app makes it easy to track the ups and downs of each stock’s price, or to see which stocks are growing more or less popular with the entire Matador community.
Once you can see what everyone else in the community is doing with their stocks, it might help you decide where to put your money. Your cash will earn 2.5% interest (25 times the national average for money market accounts reported by Bankrate*) as you build out your portfolio.
You can create an account and start following the community even if you’re not ready to start investing yet. And once you’re ready, you’ll pay no commissions.
*Rates accurate as of May 21, 2019.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
source The Penny Hoarder http://bit.ly/2wetFfC
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