Micro investing, also known as micro-investment, is a trend that has emerged in recent years. It entails investing small sums of money in financial instruments such as stocks, digital gold, exchange-traded funds (ETFs), and more. While traditional investing requires a significant amount of capital, micro investing allows investors to access the markets with small amounts of money. This new trend is made possible by fintech companies that offer micro-investment platforms, making it easy and accessible for anyone to invest.
One such company is an ASX-listed fintech company that has launched a micro-investing service that includes embedded automation and intelligent services to streamline money management. This service enables investors to invest in a diversified portfolio of ETFs, allowing them to invest in different markets and sectors. By investing small sums of money regularly, investors can build a significant portfolio over time.
Micro investing has become increasingly popular, especially among millennials who are looking for a way to invest without a large amount of capital. This trend is driven by the desire for financial independence and the need to start investing early to achieve long-term financial goals. With the rise of micro-investment platforms, anyone can start investing with as little as $5.