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HOW WOMBAT INVEST APP STANDS OUT FROM THE CROWD: SIMPLIFYING INVESTING FOR YOUNG AND NOVICE INVESTOR
Let's take a brief overview of the Wombat concept. The investment app is primarily aimed at young and novice investors, providing an easy way to invest in various company shares, e.g. Amazon, Tesla and fractional shares, index funds, {like S&P500, ETC} and exchange-traded funds (ETFs) like Vanguard high dividend yield VYM ETF }. Wombat Invest is a low-cost investment app founded in 2019 by Australian entrepreneur Kane Harrison
Why should You trust Wombat? Wombat is covered by the government’s Financial Services Compensation Scheme up to a limit of £85,000. Please be aware that this does not cover any decline in the value of your investments, It means If you or I make a bad investment choice, we will not be compensated.
Moving on, I'll do my best to explain the Wombat Invest app in simple terms and highlight its benefits. If you're new to investing, like my friend Farajala, don't worry - I'll avoid using complex jargon
How does Wombat Invest work?
1. Download the app from the Apple or Google Play Store.
2. Create an account by submitting your email address, house address, phone number, and bank details.
3. Deposit at least £10 to open your account.
4. Wombat will give you a £20 bonus for your initial deposit of £10. This is a great way to boost your account and start investing.
Disclaimer
I am not a certified financial analyst, investment advisor, or certified broker. The information contained in this presentation is for educational purposes only and should not be construed as financial advice. I have made every effort to ensure that the information is accurate and reliable, but I cannot guarantee that it is complete or up-to-date. The statements and theories presented in this presentation are subject to change without notice.
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