Hi - Came across this app Loved which lets me gift stocks to my younger family members. Has anyone had experience using it? It seems like a COOL way to gift so that younger family members sort of have a matured portfolio when they turn 18. Please share if you have used this app.
Anyone heard of Loved Investing app? Thinking of gifting my niece a $5 stock this christmas
This is my first time hearing about it but it does seem like an interesting concept.
From what I can tell they claim to be 100% free to use which is one of the first things I look at when investing with any app. There are so many free ones out there so it really doesn’t make sense to have to pay for these services.
I don’t have any personal experience with Loved but I always try any new service I come across so I will definitely let you know how it goes.
I just realized they are only available on iOS, I have an Android so it wouldn’t let me signup.
Lucky for me, my wife has an iPhone so I will still be able to test it out but I figured it was worth mentioning in case anyone with an Android was hoping to try them out.
They do say on their site that they are working on an Android app though.