Investing is a simple concept. An investor commits capital with the expectation of financial return, which according to CNN Money is a growing benefit to the average American’s bank account. In fact, 77% of stock market investors made money in 2016.
According to a Bankrate Money Pulse Survey, 48% of Americans have invested in the stock market. While CNN Money appears to think this is a poor statistic in comparison to the 61% of Americans consuming coffee daily, it is still a great portion of the population.
Only a quarter of people under the age of 30 have invested in the stock market, potentially leaving their retirement savings vulnerable. CNN Money claims this makes the rich richer and exacerbates the nation’s inequality problems. Those under 30 claim they have insufficient funds to gamble with the stock market.
For the most part, stock-owning Americans include anyone that has money invested in pension funds, 401(k) retirement plans, IRAs, mutual funds, ETFs or individual stocks such as Apple, Ford or Tesla.
So what can people do to connect the trade experienced leaders with the inexperienced youth uncertain about investing?
Collective2 connects investors with top-performing traders. To clarify, these traders are not necessarily the professionals in the field, they’re the ones with proven experience. If that’s you, then you too can be a part of the experience.
Joining the trading circle is simple with Collective2. As a fresh investor choose a trade leader and select your broker. An investor can then set their trade size, turn on the broker account and monitor trades in real time.
While trading is risky, it can be an easy way to invest in equities that can benefit investors later down the track. It comes as no surprise that Collective2 has increased 30% in five months and hit $75M worth of accounts connected to their platform. If well-experienced trade leaders are connected on this platform, they can earn money while selling their systems, offering auto trading, and submitting their trade.