How to Start Auto Investing

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Over 90% of MoneyLion members are first-time investors because MoneyLion makes it super easy with a fully managed investment account, no minimum deposit, and simple, personalized investing, which is a great way to build up your funds over time and consistently get closer to your goals.

What is Auto Investing?

MoneyLion has a new feature called Auto Invest that makes it easy to consistently set aside money for your goals. With a few clicks in the MoneyLion app, members can turn $20 a week into $1,000 a year!

How To Auto Invest and Put Your Goals on Autopilot

How to Auto Invest? Auto investing is the super-smart process of scheduling a recurring transfer from your checking account into an investment account. Setting up automatic investments helps your account grow more consistently and can help you reach your savings goals faster. 

Plus, there’s no effort once your automatic transfers are set up. You don’t have to remember to pay yourself first each month; it’s automatic! You don’t have to resist the temptation either — the money goes straight to your investment account and stays out of your hot little hands.

Even better, with Auto Invest, your money automatically transfers into a fully managed MoneyLion Investment account. We take care of everything for you. You get a personalized, diversified portfolio, with no minimums or asset-based management fees.

Why Auto Investing Instead of Auto Saving?

Much like auto investing, auto-saving is an efficient way to have money from your account automatically transferred into a separate savings account at specified points in time. However, auto investing can be a much more powerful way to build wealth because your money typically grows at a higher rate than a standard savings account. 

According to the FDIC, the standard interest rate on a savings account is .09%, but the expected return on a moderate investment account is typically higher. While auto-saving and auto investing are similar, we want to see your money actually grow — or at the very least keep up with inflation! So keep reading on how to set up auto investing in a fully managed investment account through MoneyLion. 

How To Get Started Auto Investing

Auto Invest from MoneyLion lets you set up a plan to transfer deposits directly into your MoneyLion investment account. It only takes minutes to set up, and you pick the amount and the pace of your automatic deposits. Want to invest $10 a week or $20 a week? You got it. $25 a month? Sure! $100 a month — Go for it! The more you can set aside, the better.

With Auto Invest from MoneyLion, you can change the amount of your automatic transfer any time. So you’re not locked in. Just try auto-saving as much as you can, and you can always dial it back later. Now that you know how to Auto Invest, you just need to get started!

How Does MoneyLion Invest my Money?

When you set up a MoneyLion Investment account, you’ll answer just a few questions in the app, and we will determine the best way to invest your funds into stocks, bonds, and ETFs. You can accept or modify our recommendation.

Here’s what you need to do.

Step 1: Download the MoneyLion app and select the MoneyLion Investment account to begin the quick sign-up process  

Step 2: Answer a few questions to help us personalize your diversified investment portfolio. Accept the portfolio and make adjustments if you choose.

Step 3: Link your bank account to the MoneyLion app so you can make fast, secure transfers of any amount.

Step 4: Set up Auto Invest recurring deposits into your MoneyLion investment account to help effortlessly build your investments. 

Step 5: Let your account grow over time!

How To Set Up Auto Invest

Grow Your Savings Faster With Auto Investing

Set up auto investing to help effortlessly build up your nest egg with just a few clicks on your smartphone in the MoneyLion app. Take control of your finances and improve your financial knowledge today. 

Remember, you don’t have to have thousands of dollars to start investing anymore. Access to the world of investing is at your fingertips, and you can get started with no minimum deposit. Set up Auto Invest for your account to consistently transfer as little or as much as you are comfortable with each paycheck — and just like that, you’re an investor! 

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Turn $20/week into $1,000/year

Our Auto Invest feature lets you put your investing goals on autopilot with automatic transfers. You choose the amount and pace. Build a brighter future the easy way!

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