Investing your money can be a tricky, confusing, and intimidating experience. This is especially true for those new to the game. Mistakes could prove costly. Therefore, rookie investors often need all the help they can get. A company named Moola attempts to help such individuals navigate through this challenging process by employing AI tools designed to render the effort more manageable.
The Investing is for Everyone Philosophy
Many investment platforms tend to be geared towards older, seasoned investors fortunate enough to possess a certain degree of wealth. Fewer platforms exist that are specifically designed for younger, working-class individuals. That said, the founders of Moola appreciate that many young people wish to invest and build financial security for their futures.
The Moola Method
Moola is the ultimate investment method for beginners. The digital app employs AI-driven algorithms to score stock and aid novice investors using 36 established underlying factors. In addition to providing you with such assistance, Moola teaches you advice on investing in different types of financial assets such as stocks, cryptocurrency, and various retirement funds.
Additionally, the technology shows you how to budget more carefully, track your spending, and receive real-time updates regarding the progress of your investments. Above all, Moola employs a user-friendly approach. Those benefiting from the app will receive explanations regarding complex or expansive financial topics in easy-to-understand, simple, plain English.
“Moola is built for regular people with no investing knowledge or experience,” said the company’s Chief Executive Officer Jason Schappert, who oversees operations with his wife and Chief Operating Officer, Magda Schappert.
Why Should Beginning Investors Choose Moola?
Both Jason and Magda stress that Moola’s uniqueness lies in the individuals they wish to work with. When the founders say they wish to attract and work with young people, they mean it. They firmly believe Moola can help persons between the ages of 25 and 35 master the challenging art of investing.
The couple is confident of this because they know what it is like to struggle and gradually accumulate assets. Each hails from humble backgrounds, encountered initial success, sustained significant setbacks, and was able to overcome said challenges and reach appreciable heights once again.
“We were BROKE! I mean like tow truck sitting in the driveway broke,” Jason said. “I bet everything on starting our business and nearly lost it all. We were facing foreclosure and had to move from the country club lifestyle to a tiny apartment.”
However, their setbacks motivated the couple to refocus and work even harder to reacquire financial success and independence. The couple can relate to the average person because they do not preach textbook knowledge or concepts. Rather, they bring real world experience having earned their degrees from hard knocks university.
Final Thoughts
Jason and Magda Schappert and their company, Moola, do not simply want to be an avenue for young people to invest but an inspirational and educational forum. They have attained recognition such as a Carnegie Hero Medal and been bestowed “Most Entrepreneurial Company” by Entrepreneur 360. That said, they refuse to rest on their remarkable accomplishments. They aim to take Moola public and morph into an even greater platform for the beginning investor community.
