The development of fintech Passfolio has made investing in the US stock market more accessible. This App allows users from countries, some with volatile economies, to value their capital in dollars from the comfort of their armchair by investing in American stocks.
The annual performance of the US stock market is above all asset classes. If we take the SP500 index that contains the 500 most valued companies in capital we get some interesting data. For example, from 1926-2019 this index (sp500) had an annual gain of approximately 10%. Like all stocks, the S&P 500 fluctuates. You have to know that the general risks of the stock market are to lose most of your money without being able to recover it, so You must be responsible for your decisions and consider your own financial goals and conduct a thorough investigation.
A few years ago it was impossible to access this type of index from Latin America, But now, thanks to Passfolio, the entry of Latin Americans to the American stock market is being democratized.
From just 1 dollar you can start investing with Passfolio.
Based in San Francisco, United States, Passfolio was founded in 2018 with the mission of democratizing access to American investments around the world. Currency and cryptocurrency exchange services provided by Passfolio Financial LLC (“Passfolio Crypto”), a US money services company registered with FinCEN. Passfolio Financial LLC is not a stockbroker. Cryptocurrencies are not protected by either the FDIC or the SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member of FINRA / SIPC. Securities products and services offered to self-directed investors through Passfolio Securities LLC Member of FINRA / SIPC. Passfolio Securities, LLC does not offer services related to cryptocurrency. Passfolio Securities LLC is a member of SIPC, which protects clients of its members’ securities up to $ 500,000 (including $ 250,000 for claims for cash). Explanatory brochure available on request or at sipc.org. Please. See our fractional share disclosure.https://www.passfolio.com
Using technology to generate dollar growth potential is now within everyone’s reach.
Investing involves risk, including possible loss of principal.
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