Skip to main content

Review of Deciml App

Deciml App is a new investment app that aims to make investing easy and fun for young Indians. The app allows users to invest their spare change from online transactions, such as cab rides, food orders, or subscriptions, into various investment options. The app also offers daily deposits, where users can invest a fixed amount every day, regardless of their spending.


The app claims to offer better returns than savings accounts, by investing the spare change in Lendbox, a peer-to-peer lending platform that offers up to 10% returns. The app also plans to introduce mutual funds as another investment option in the future. The app is licensed by AMFI and regulated by SEBI, and uses bank-grade encryption to protect user data.


The app is designed for beginners who want to start investing but are intimidated by the complexity and risk involved. The app simplifies the process by automating the investment of small amounts, without requiring users to change their spending habits or make any decisions. The app also educates users about the benefits of investing and compounding through its blog and social media channels.


The app has received positive reviews from users who appreciate its ease of use, convenience, and innovation. The app has also been featured in various media outlets, such as The Economic Times, Business Standard, and YourStory. The app has over 100K downloads on Google Play Store, and a rating of 4.4 out of 5 stars.


Deciml App is a smart and unique way to start investing with minimal effort and risk. The app helps users build a habit of saving and investing with every spend, and grow their money over time. The app is ideal for young Indians who want to take charge of their financial future and achieve their goals.


It’s an app that automatically invests your spare change, every time you spend online.

You can use my referral link https://refer.deciml.in/AJM 0001 to download the app, and my referral code AJM 0001 to get started.

Happy investing!


Disclaimer - I am not a registered investment advisor and the view expressed are not investment advice. Please conduct your own research before investing.

Labels:

Comments

Post a Comment

Popular posts from this blog

Book Summary of What I Learned About Investing from Darwin by Pulak Prasad

In this book, Pulak Prasad, a successful investor and entrepreneur, shares his insights on how to apply the principles of evolutionary biology to investing. He argues that investors can learn a lot from Darwin's theory of natural selection, which explains how organisms adapt to changing environments and survive or go extinct. Prasad draws parallels between the biological and financial worlds, and shows how investors can use Darwin's concepts to analyze companies, markets, and trends. He also provides practical advice on how to develop an evolutionary mindset, which he defines as "the ability to constantly observe, learn, and adapt to changing circumstances". Some of the key takeaways from the book are: - Investing is not about predicting the future, but about understanding the present and adapting to it. Prasad advises investors to focus on the facts and evidence, rather than on opinions and forecasts. He also warns against falling prey to cognitive biases, such as co...
Post a Comment
Read more

Book Summary of Reminiscences of a Stock Operator by Edwin Lefèvre

Reminiscences of a Stock Operator is a classic book by Edwin Lefèvre that tells the fictionalized story of Jerry Livingston, a stock trader based on the real-life Jesse Livermore, one of the most notorious traders of all time. The book covers Livingston's journey from a young boy working in a bucket shop to a Wall Street legend who made and lost millions of dollars by speculating on the price movements of stocks and commodities. The book is not only a fascinating biography, but also a valuable source of insights and lessons on trading, market psychology, and human nature. Livingston shares his successes and failures, his strategies and principles, his joys and sorrows, and his wisdom and mistakes. He reveals how he learned to read the market, to follow the trend, to control his emotions, to be patient, to take responsibility, and to adapt to changing conditions. Some of the key takeaways from the book are: - The market is never wrong. It reflects the collective opinions and actions...
Post a Comment
Read more

Book Summary of The Psychology of Money by Morgan Housel

The Psychology of Money is a book that explores how people think and behave when it comes to money and investing. The author, Morgan Housel, is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal . He draws on his experience and research to share 19 short stories that illustrate the different aspects of the psychology of money, such as: - The role of luck and risk in financial outcomes - The importance of saving and compounding - The power of expectations and narratives - The influence of ego and emotions - The challenges of learning from history and others - The benefits of flexibility and humility The book is not a guide on how to make money or invest better. Rather, it is a collection of insights and lessons that can help readers make better sense of their own financial behavior and decisions. The book aims to show that there is no one right way to think about money, but rather a range of perspectives and trade-offs that depend o...
Post a Comment
Read more