Opencash, a FINRA and SEC-registered broker-dealer on a mission to rebrand long-term investing as a fun and exciting method of securing wealth, is pleased to announce the official release of the Opencash app.
HOUSTON, TX, January 10, 2023 /24-7PressRelease/ — Opencash, a FINRA and SEC-registered broker-dealer on a mission to rebrand long-term investing as a fun and exciting method of securing wealth, is pleased to announce the official release of the Opencash app. With weekly giveaways where users win prizes worth up to $10 million, the firm is the only brokerage service of its kind.
The average holding period for a broad-based portfolio of stocks in the 1950s was eight years. Today, that figure has dwindled to five and a half months – despite evidence that stock holdings kept over an extended period of time greatly reduce the chances of losing the principal amount.
“Though long-term stock holdings are a reliable way to generate wealth, this tried and true model doesn’t align with the tastes of modern investors,” said Andre Norman, Founder and CEO of Opencash. “People want to feel excited by their investments, so we’re providing a dependable alternative to risky online trades that still capture the imagination of young investors.”
Each week, Opencash will pool a portion of its own earnings and redistribute it in the form of scratch-off tickets. Opencash users that have portfolios invested in stocks and ETFs will have the chance to win the tickets and reveal hidden prizes that could contain pieces of the $10 million sum.
To grow a long-term portfolio and get paid to build good habits, download the Opencash app on the Apple App and Google Play stores. Learn more about the Opencash mission by heading to Opencash.com.
Opencash Securities LLC — a member FINRA and SIPC is an independent subsidiary of Opencash Finance, Inc. Opencash is on a mission to rebrand long-term investing as a fun and exciting method to build long-term wealth. With Opencash, people can invest with no account minimums through Opencash Securities LLC and earn weekly rewards while their portfolio grows.
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