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Instead of worrying that your morning fancy coffee habit is keeping you from getting rich and having a successful retirement, you can download an app that allows you to round up the purchase to the next dollar and invest the difference. Okay, putting a tiny amount of every purchase you make into an investment account may not be an investment strategy that should replace contributing to a 401(k) plan and properly allocating the assets.
But there is one element to micro investing – the ability to buy fractional shares – which can be a useful part of an investment plan.
To get started putting your change to work in the stock market, you need to download an app – there are dozens of them – that will let you automatically invest these tiny amounts of money in stocks. The app transfers your extra cash into portfolios that they... ...
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