After achieving relative success trying to navigate my way through my built up debt and actually reaching a point where I had a little bit of extra money to explore some investments with, the somewhat exclusive world of the Stock Exchange has received nothing more than a curious peek from me. I’ve previously flirted with the idea of investing in stocks, but never really ventured beyond the theoretical earnings (and losses) I made on quite a few demo accounts I’ve tried out.
The reality is when it comes down to trading with real money, it’s totally different from trading on a demo account and generally I’ve never felt as if playing the stock markets has been an option fully available beyond what seems like a very mysterious and borderline-shady inner-circle… Until now that is…
Always Seeking Value for Money
Sure, there have been a few online trading platforms I’ve bumped into along the way, which have admittedly tried to break the barriers to entry into the world of the stock markets, but they’ve not quite had the value for money I always look for. For me it’s all about getting more out of every penny invested and I just couldn’t see a way to do that on the stock exchange, until I caught wind of the emergence of a platform called GetStocks. To be quite honest, I could never tell you what this extra value I was looking for would be in relation to investing in stocks online and I only figured it out when I actually uncovered it. But yeah, it’s sort of a mix between social stock investing and the most practical education one can get about investing in stocks.
Sometimes all a newbie like me wants is to be able to follow exactly what other, more experienced investors are doing and that’s pretty much the selling point for me. Even if it takes a while to get to a stage where more of my positions are actually making me money instead of losing money, the value one gets out of learning from others will definitely go a long way in softening the blow!
A Little More about the Platform
GetStocks is indeed licensed as an online brokerage, so buying and selling stocks which are listed on global exchanges doesn’t get any realer than this, well for me anyways. I’m not particularly keen on all the jargon of every single industry I dabble in, so it’s a nice touch for this particular platform to go easy on the financial industry jargon. I can see why the past two months have seen a 40% increase in members like me joining and although I’m very quickly getting the hang of making sense of the real-time data, I can also see why the app would come in very handy. I don’t really use the app (for iOS and Android) myself because I always have my laptop with me and yes, I still use my desktop as well.
I truly believe we need a lot more of such platforms which make the Stock Exchange a lot more accessible though.