Learn how you can invest in the Beanstox business,
Alongside Kevin O’Leary, Chairman & co-owner.
by Robin Hartill, CFP® Senior Editor
“Shark Tank” star and entrepreneur Kevin O’Leary learned the value of investing early from his mother, Georgette, who invested 20% of every single paycheck from the time she was a teen working in a clothing factory. She insisted that he save 10% of the birthday checks he got from his grandmother, as well.
She invested conservatively in bonds and dividend-paying stocks. She kept the same portfolio for 55 years and never touched the principal. O’Leary was shocked to discover what a wealthy woman she was by the time she died.
But O’Leary got another shocker earlier this year during the pandemic when he realized just how little many of his employees had in savings and investments.
“The reason I learned this is because they were panicking,” he told The Penny Hoarder.
Now the man known as “Mr. Wonderful” is on a mission to teach financial literacy and the importance of investing early. He’s the chairman of an investment app called Beanstox, available in the Apple app store and Google Play store. It automatically invests you in exchange-traded funds, or ETFs, based on your investing goals. The app charges $5 a month, though if you sign up in December, you’ll get three months free.
O’Leary’s message: Find $100 a week to invest, and make it part of your DNA. By the time you’re 65, you could easily be a millionaire.
Related News
Kevin O’Leary and Beanstox raise over $3,000,000 in two crowdfunding rounds
How can the “Crowd” Invest with a Shark? Beanstox now has over 3,000 investors and $3,000,000 raised in two crowdfunding rounds (includes 1,900+ people and over $2,000,000 in the current round).
Kevin O’Leary’s Fintech Startup Beanstox Has Raised Over $2M From 3,000 Individuals
Round 1 sold out. Round 2 crowdfunding investment offering already over $1.2M.
Beanstox on Benzinga Live. Trading, Investing and Crowdfunding
Connor O’Brien, CEO and co-owner of Beanstox was a guest on PreMarketPrep, the Benzinga show hosted by Spencer Israel. Watch the interview here, just after the 1-hour mark.
Beanstox Inc. (“Beanstox”) is an SEC registered investment adviser and has arranged for brokerage services to be provided by DriveWealth LLC., a registered broker-dealer and member of FINRA/SIPC. DriveWealth is not affiliated with Beanstox.
Investments in securities: Not FDIC Insured • No Bank Guarantee • May Lose Value
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