Are you looking for ways to make a little extra cash? Here are my favourite ways to make money online that don’t take a lot of time. While you most likely won’t get rich doing any of the following, every little dollar helps. Especially if money is invested for the long term!
I’ve been using Spaceship Voyager for the last few years. Spaceship is an app for investing in a broad portfolio of stocks. But how does it compare to other micro-investing apps and is it worth investing in? Here are my experiences with the app.
Cashrewards is an Australian cashback site. Before you sign up, make sure you take advantage of this Cashrewards referral code to get a bonus $20 when you join!
The great thing about Cashrewards is you can earn cashback for both online and in store purchases. If you haven’t signed up for Cashrewards, you’re potentially missing out on free money for shopping like you regularly shop!
Before signing up to Selfwealth make sure you take advantage of this offer to get 5 trades free. Using this Selfwealth referral code could potentially save you nearly $50 in brokerage fees.
Selfwealth is a popular Australian stock trading platform. I think it’s a pretty good way to buy ASX listed shares. Here’s how to get your signup bonus:
Robinhood is a hugely popular share trading app in the U.S. When they launched they completely shook up the online trading world by offering share trading without any fees. Although at one point Robinhood had plans to launch in Australia, those plans have been put aside and Robinhood won’t be coming to Australia.
The good news is that there are now a couple of great Robinhood alternatives that let you buy U.S stocks like Apple, Amazon, Tesla, Netflix etc, all without any commissions.
Here are some of the best investing apps that I’ve tried in 2020. I expect we will continue to see more and more innovate fintech apps launch throughout the year, and I’ll keep this post updated.
On Commsec you can trade shares like Apple, Netflix, Tesla etc that are listed on U.S stock exchanges. But while it may sound cool to dive in and start buying these shares, there are fees you need to be aware of. I’m going to break down the different Commsec fees that are charged and compare them to other brokers so you can get the best deal for buying U.S listed shares.
Update: This post has been updated for September 2020 as Raiz is once again offering their $10 bonus!
This September, investing app Raiz is giving away $10 for new users instead of the regular $5. Read on to find out how to claim this bonus.
What is Raiz?
Raiz is a micro-investing app. This is where you automatically invest small amounts at regular intervals. You won’t notice the small amount of money getting invested, but over a long period it really adds up! You can easily save $1000+ each year. Your money gets invested in a diverse portfolio of stocks and bonds.
Update – We’ve updated the spaceship promo code for September.
I’ve been using the Spaceship Voyager app for the past few months. It’s one of my favourite investment products. They are currently running a promo where you get $5 free when you sign up to use the app. It’s a great way to start your saving and investing journey. Read on to find out how to get the bonus:
What is Spaceship Voyager
Spaceship Voyager is a new way to save and invest money. You can start investing with as little as $5 and then setup either scheduled investments of invest one off lump sums. Your money gets invested in a diverse portfolio of stocks. You can choose one of two portfolios – one is made up of the companies Spaceship thinks will be important in the future. Think Apple, Tesla, Netflix etc. The other is an index fund made up of the top 200 most popular companies.