## How to Invest in Stocks on iPhone
Investing in stocks can be a great way to grow your wealth over time. And with the rise of mobile investing apps, it’s easier than ever to get started. If you have an iPhone, there are a number of great stock trading apps that you can use to buy and sell stocks.
In this article, we’ll show you how to invest in stocks on iPhone using the Robinhood app. Robinhood is one of the most popular stock trading apps, and it’s a great option for beginners because it’s easy to use and has no trading fees.
### 1. Create a Robinhood account
The first step is to create a Robinhood account. You can do this by downloading the Robinhood app from the App Store and following the on-screen instructions.
Once you’ve created an account, you’ll need to link it to your bank account. This will allow you to deposit money into your Robinhood account and start trading stocks.
### 2. Deposit money into your account
Once your Robinhood account is linked to your bank account, you can deposit money into it. You can do this by tapping on the “Deposit” button in the Robinhood app and following the on-screen instructions.
Robinhood allows you to deposit money via ACH transfer or wire transfer. ACH transfers are free, but they can take a few days to process. Wire transfers are faster, but they may incur a fee.
### 3. Find the stock you want to buy
Once you have money in your Robinhood account, you can start looking for stocks to buy. You can do this by searching for a specific stock or by browsing through Robinhood’s list of recommended stocks.
When you’re looking for a stock to buy, there are a few things you should keep in mind:
* The company’s financial health
* The industry the company operates in
* The stock’s price history
* The stock’s dividend yield (if any)
### 4. Place your order
Once you’ve found a stock you want to buy, you can place your order. To do this, tap on the “Trade” button in the Robinhood app and select “Buy.”
You’ll then need to enter the number of shares you want to buy and the price you want to pay. You can also choose to place a limit order or a market order.
* A limit order allows you to specify the maximum price you’re willing to pay for a stock.
* A market order will buy the stock at the current market price.
### 5. Monitor your investment
Once you’ve placed your order, you can monitor your investment by tapping on the “Portfolio” tab in the Robinhood app. Here, you’ll be able to see the current value of your investment, as well as its performance over time.
It’s important to monitor your investments regularly and make adjustments as needed. For example, if the stock you’ve invested in has lost value, you may want to sell some of your shares.
### Tips for investing in stocks
Here are a few tips for investing in stocks:
* Start small. Don’t invest more money than you can afford to lose.
* Diversify your portfolio. Invest in a variety of stocks so that you’re not too heavily invested in any one company or industry.
* Don’t try to time the market. It’s impossible to predict when the stock market will rise or fall. Instead, focus on investing for the long term.
* Be patient. Investing is a long-term game. Don’t expect to get rich quick.
### Conclusion
Investing in stocks can be a great way to grow your wealth over time. And with the rise of mobile investing apps, it’s easier than ever to get started. If you have an iPhone, Robinhood is a great option for beginners because it’s easy to use and has no trading fees.
By following the tips in this article, you can start investing in stocks on iPhone and grow your wealth over time.