RAIZ invest Ltd. is a relatively new Australian company that has revolutionised the way people invest their money . Most people see investments as a lump some of money that is given to a broker to buy a certain stock that will hopefully generate a return . However , RAIZ has been able to change the way we invest our money forever , by allowing members to round up their everyday purchases (80 cents ect.) and invest this amount of money into a private fund . They also have incredible feautures , for example if you buy everyday items such as a grocery shop through their app , affilated partners will reinvest 2.5%-5% of your spendings back into your RAIZ account .
Personally, I have been using RAIZ over the past month and have invested over $300+ into my account which has already earned an extra $5 of return on investment. In 10 years time, I can see this investment strategy at every banking entity across Australia as well as across the world. Not only is this the future of investing, it is how the generation to come will earn more glorified interest/ROE on their savings.
STOCK PRICE ANALYSIS
Raiz is currently sitting at $0.92 on the ASX market, classfying it as a “penny stock ‘. In my opinion, this stock will only uptrend from here , seeing as the success of AfterPay and ZIP have been extrodinary. I can see Raiz in the next 10 years as a stock that will be valued over $15, however this is my opinion based off extensive research. To further evaluate my stance with RAIZ shares lets look at the stats.
RAIZ currently has over 460,000 members and saw a 123% growth in revenue from 2017-2018. It’s current Chief Executive George Lucas ; has commented that even though RAIZ IPO was at $1.80 and was revalued by the market at around $0.80 , it is a growth play as a long term stock option. I totally agree with this statement as RAIZ certaintly has a long way to go in developing a strategy that will become profitable while allowing investors to keep most of their earnings from the fund .
RAIZ has a long way to go , however this stock being so cheap could be the next AfterPay stock (opinion statement and individual research should be conducted before hand) . At a price under $1 , for the value of its innovation and its futuristic potential , I believe it may have potential as a long term stock however this is soley opinionated based off my own extensive stock research .
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The information above should not be taken as financial advice. Youth Investment Group has no liability for personal financial interests or investment decisions. You should make your own investment decisions based upon your own research and what you believe is best for you.
Written by Tyger Fitzpatrick , Founder of YIG .