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General discussion

Investment app

Mar 21, 2016 10:22AM PDT

Hi to everyone , I finally can wake up in the morning knowing I am saving money Happy
I started investing a couple weeks ago in a new app called Clink and so far I have gained about 2% . The money I save is in small amounts of $50 a week but for some like me it's a lot and it is definitely starting to make a difference for me. Happy
I thought it might help young people like me.
www.clink.com

Discussion is locked

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As a top post, this feels spammy. Try adding those others
Mar 21, 2016 10:45AM PDT
http://www.wired.com/2014/08/acorn-app/ for example is the tip of the iceberg for such apps.

Frankly I think you are much better off moving to those newer bank and investing systems.

When my son turned 18 I walked him through this and now he has banking, ATM, investing and more with Scottrade. He has a few monthly dividend stocks that make enough for his phone bill and a little more.

Clink? Pass.
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It smells like spam
Mar 21, 2016 10:55AM PDT

most investment apps can make you money if you know what you are doing. No app is going to magically make money for you. if anything, with all the permissions it has, it is more likely making money off of personal information it gathers from your device.

Device & app history
retrieve running apps
read sensitive log data
SMS
send SMS messages
Phone
read phone status and identity
Photos/Media/Files
modify or delete the contents of your USB storage
read the contents of your USB storage
Storage
modify or delete the contents of your USB storage
read the contents of your USB storage
Wi-Fi connection information
view Wi-Fi connections
Device ID & call information
read phone status and identity
Other
full network access
view network connections
use accounts on the device
draw over other apps
read battery statistics