Source: Instagram

In under 4 minutes, you will learn:

  • Why you should consider micro-investing
  • 5 headlines that pretty much sum up the week
  • What the heck #ApesNotLeaving means
  • Our rec of the week

Why micro-investing should be part of your long-term plan

Source: Giphy


  • Micro-investing is the process of investing small amounts to get your foot in the door or save your spare change in an account that with better growth potential than a traditional savings account – some brokers let you get started with as little as $1 
  • While micro-investing won’t make you rich, it can boost your retirement and savings strategy by rounding up your purchases and taking advantage of dollar-cost averaging

For newly initiated and lower-income individuals, micro-investing can be an excellent way to get invested with relatively low risk. But ultimately, your pocket change won’t be enough to fund large, long-term goals such as retiring or buying a house. 

Instead, think of this strategy as a way to get your foot in the door, or even as a higher-interest savings account. Platforms that promote micro-investing can help individuals with little know-how invest responsibly, learn more about saving and the stock market, and start generating compound growth and long-term returns. 

And while investing your pocket change won’t make you rich, those small amounts add up over time thanks to the effects of compound growth. 

Source: Business Insider

For instance, let’s say that you open an investment account with $100 of your birthday money and average $30 per month in round-up contributions. Over the span of 30 years at a modest 5% rate of return, your account would grow to over $25,500 – with just under $11,000 of that being your investment dollars. 

However, micro-investing probably shouldn’t be your primary strategy if you don’t yet have a retirement account. Just take our quick example above – $25,500 is a decent lump sum of cash, but it’s not nearly enough to retire on. In fact, conservative estimates suggest you should have enough to spend 75-80% of your annual income after retirement, or around $1 million stashed away, by the time you hit 67. 

Additionally, many micro-investment accounts don’t take advantage of the tax benefits offered to IRAs and 401(k)s. If you’re just stashing funds in a typical taxable account, that’s potentially thousands of dollars in savings you’re leaving on the table. 

Getting Started in Micro-Investing

A variety of platforms offer micro- or fractional share investing opportunities for investors of all stripes. And while many of them provide flexibility and ease of use, it’s still important to know what you’re getting into. 

Source: Business Insider

For instance, just because a platform caters to micro-investors doesn’t mean that it’s fee-free. Brokers like Acorns and Stash both let you round up your purchases and invest the funds when you reach a sum of $5 – though you’ll pay $1 per month for the privilege for balances under $5,000, and a percentage of your funds above that. 

Robinhood is best known for eliminating all trading fees (on its free version), which means that you can buy and sell as little as $1 worth of stocks, ETFs, and even cryptocurrencies with no commission or account maintenance costs. However, Robinhood offers no portfolio advice or research, which can leave new investors in the lurch. 

Or you can opt for an app like Q.ai, which lets you get started with as little as $100 with no monthly or trading fees and access to automated investment kits. 

The bottom line

Micro-investing is better than not investing at all. We cannot emphasize enough that evening the smallest investments will have a significant compounding effect over time. Don’t hold off on doing this! 

Source: Instagram

Read the full Investing 101 article to learn about micro-investing

Five headlines that sum up the week

1. TikTok owner ByteDance postpones IPO indefinitely

Source: Financial Times

Regulators in China do not want tech companies to list shares on U.S. exchanges. This means that we won’t be seeing a ByteDance IPO anytime soon. Instead, it is focusing on improving its security to appease regulators in China. What are the security concerns? According to The Wall Street Journal, Chinese authorities are concerned that the data collected by tech companies could be compromised through disclosures linked to U.S. listings.

2. Jackson Palmer, creator of Dogecoin, throws shade at the industry that made him rich

Source: Twitter

His Twitter thread, which was posted yesterday, compares crypto to a scam run by the cartel to only benefit the rich. He also warns against participating in the “cult-like ‘get rich quick’ funnel designed to extract new money from the financially desperate and naive.” Yikes. Tbh, he created this crypto as a joke and never intended for people to take it seriously. Must be nice being THAT bad at not trying to become a billionaire.

3. Delta posts its first profit since the pandemic

Delta compared to the S&P 500 (Investopedia)

With the help of government aid, coupled with the vaxxed and waxed community reigniting their summer travel plans to Greece, Delta Airlines managed to rake in $652 million in profits last quarter. They also reported $7.1 billion in revenue. This impressive second quarter performance came as a surprise even to Delta executives, who had expected sales to bounce back much later. To their benefit, demand last quarter was 20% above the company’s forecast. 

4. Of course Netflix is getting into gaming

Source: AnimationXpress

Netflix wants to develop its own video games to cement its dominance in the streaming space. The company hired Mike Verdu, who was previously at Electronic Arts and Facebook, to be their VP of game development. At Facebook, Verdu was in charge of bringing games to Oculus, its virtual-reality product. You can expect to see games hitting Netflix’s platform within the next year. At this time, subscribers won’t be charged more money to access the new genre of content.

5. Elon Musk defends SolarCity deal – claims the goal was “to become more than a car company”

Source: TechCrunch

Tesla CEO Elon Musk testified in his own defense in the case being brought against Tesla’s $2.1 billion acquisition of SolarCity. Musk stated the following: “The goal is not to be a car company. There are plenty of car companies. But an electric car company is part of a sustainable energy future, as is solar and stationary storage.” This whole situation gets hairy fast. Musk’s cousins founded SolarCity, and he was its chairman and largest shareholder at the time of the deal. Shareholders allege that Musk overpaid for the company and only did the deal to bail the company out from insolvency.

Today, we are releasing v1.8 of the Q.ai app which has some major changes:

  • Introducing Hedging*: we continue to break new ground in the industry with our new Hedge offering. If you have a funded account, you can now apply our automated downside protection to all of your investments, which helps if there’s a stock market sell-off.
  • Link Other Bank Accounts: you can now delete a linked bank account, and then link a different account through the Settings screen
  • Sending Money to Q.ai: we’ll send you, and our support team, an email if something goes wrong when sending money to Q.ai to invest, with the reason why to help troubleshoot the issue

ICYMI: Redditors remind institutional investors that they still exist

Source: Instagram

#APESNOTLEAVING was trending last night after investors (and the media) suggested that meme stocks have lost its luster among its biggest fans and is imminently entering a bear market.

Is the fight between retail and institutional investors really over? It’s true that the first couple days of the holiday-shortened week put both AMC and GameStop on a downward trajectory. In fact, AMC was down 8.4% as of Tuesday afternoon. But everything changed by Wednesday night.

Reddit started to buzz and the Twitter floodgates opened for a variety of trending hashtags, such as #AMCStrong, #AMCThreshold and, of course, #ApesNotLeaving. In case you’re confused, retail investors often call themselves “Apes” online.

Source: Twitter

By Thursday, speculation that meme stocks were old news became fake news. Retail investors started to buy the dip, erasing a significant portion of its losses before falling slightly at the end of the day. As of this morning, the shares traded above 5% (now it is just under 1%) Additionally, the stock is still down for the week and month by 17.5% and 33.8%, respectively. It is, however, still up on the year by 1,712.94%.

It’s not unlike our fellow “Apes” to stick it to its haters and naysayers. Flirting with the retail investing crowd by saying they’re no match against short sellers is indeed an invitation for chaos. Will this have the same disruptive impact as previous short squeezes? The sentiment is mixed.

Although Reddit is still bullish about AMC, The Motley Fool believes otherwise, pointing out that its current value of $17 billion is far too high.  Considering AMC is nowhere near pre-pandemic peak sales, still swimming in a pool of debt and losing revenue to streaming competitors, they may have a point.

Placing Space Race 2.0 in the hands of two billionaires isn’t a bad idea, according to this Daily Beast article

Source: Instagram

Yeah, it’s pretty annoying that Richard Branson and Jeff Bezos get to do everything cool first, like fly beyond the earth’s atmosphere. But, someone’s gotta do it in order to make it an option for everyone else. At least, that is what this article argues. This brand new industry is everything but aspirational at this point – and that is huge considering we’ve been trying to get non-astronauts (and soon non-billionaires) to space for decades.