Discover the Power of the Public App: Your Comprehensive Guide to Mastering It!

Alright! The Public app is a stellar choice for anyone who wants to get started in the world of investing. It does all the heavy lifting for your financial ventures. And, by the way, if you’re after cost-free trading, Public.com is a perfect fit!

Based in New York since 2019, Public.com provides a user-friendly platform for buying and selling stocks. They also have an element of protection for your investment, thanks to their membership with Securities Investor Protection Corporation (SIPC).

One of the many cool features of Public.com is fractional shares. This means you can start investing even with a small amount of money. You’ll also love its social vibe. It’s not just a trading platform; it’s an online community where you can connect with fellow investors, learn, and discuss strategies.

They also offer a variety of other features including trading in 27 different cryptocurrencies, access to high-yield Treasury accounts, and even alternative investments.

That said, Public.com isn’t just for beginners. Even if you’re a seasoned investor, it’s got a few tricks up its sleeve that might just appeal to you.

For example, it doesn’t offer customizable stock screeners, but it has stock themes which compile stocks into helpful lists. New to trading and worried about figuring out how much capital gains tax you owe? Public comes with a calculator to help you out.

One of the big highlights of Public is its social aspect. It gives you the chance to connect with other investors, get insights from their activity, learn from them or even chat about strategies. It’s a unique advantage that makes investing a bit more interactive and fun.

The platform also features a news feed providing you with up-to-date info about the companies you’re eying, blazing a clearer path for you to make smart decisions. Plus, it’s chock-full of educational resources to help you gain a better understanding of investing.

Transactions on Public.com are free. But, you might run into minor fees for things like overnight checks, outgoing wire transfers, returned checks, and paper statements. Also, if you deal with crypto, there is a small markup.

While Public.com has a lot going for it, it’s important to know it isn’t suited for all types of investing. For example, if you’re looking to open a joint account or an IRA for retirement planning, you’re out of luck because they only offer individual brokerage accounts. Likewise, they don’t have options for trading in things like bonds, mutual funds, or forex.

In summary, if you’re dipping your toes into the world of investing, Public is a great place to start. It’s a platform designed for newbies but inclusive for all. So if you’re a beginner who wants a social, low-cost trading platform, Public might just be your match. But if you have more experience and want advanced tools, you might find Public lacks some options.

Please remember that all investing comes with some risk, including the possibility of losing your investment. And as always, do your own research to figure out what works best for you.