Are you interested in investing your money? If you’re looking for a way to increase income and grow your profits over time, you’re certainly on the right track by exploring investment options. From property to stocks, there are different ways to achieve your financial goals through investment, and doing so is often not as difficult as you might think. One of the best ways to invest your money in 2020 is with the help of everyday technology.
Technology has been used by those in the investment industry for a number of years, with basic examples like the shift from print property listings to digital web-based listings. During the Covid-19 pandemic, when many of us are restricted to our own countries, cities, and even our homes, there’s never been a better time to explore technology and make the most of what it can help us do. In this article, we look at some of the ways that technology you may already have in your home can help you with investing your money.
Use your smartphone
Smartphones are one of the handiest tools that most of us use day in, day out. With access to numerous apps and websites in the palm of our hand, it’s never been easier to learn new information or even expand your horizons with investment. One way many people use smartphones is to listen to podcasts. Podcasts can be a fantastic way to learn new facts or information while on the go, and there are plenty of great investment podcasts out there for potential investors to listen to.
One example is the Property Talk podcast from RWinvest. Each episode of this podcast is filled with useful, honest advice and tips in the form of discussions between experts in the property industry. If you want to learn about the best cities to invest in or find out about different buy to let related terminology, using your phone to listen to this podcast through Google Podcasts, Apple Podcasts, Spotify and more, is a great step towards investment success.
Another way you can use your smartphone to help with investments is to invest using apps. Apps such as Moneybox are great for beginner investors, helping them to invest small amounts of money easily over a set period of time.
Utilise VR tech
While you may not be lucky enough to have a VR headset of your own in the home, there are many exciting options available to do those who do. Many property investment companies are now offering virtual tours of their properties, which helps keep investors safe by minimising the need for travel during this time. Investors will simply be sent a file that they can use with their VR headset and view an immersive and realistic tour of a property which has been created with the help of computer-generated technology. If you know that you might be looking to invest in properties and build a buy to let portfolio, it may be worth purchasing a VR headset of your own.
Use your PC for research
The internet is a fantastic tool for learning and growing knowledge. One great way that beginner investors can utilise everyday technology is to use their computers or laptop for online research and training. There are a lot of guides available covering both property investment and stocks and shares, while online courses are also great for those who want to become a complete expert in their field. Do a quick Google search for some key terms you’re interested in or use social media sites like YouTube, and you’re sure to find plenty of useful information.
Have you used everyday technology to help you begin your investment journey? Let us know in the comments.