Maglev: Your Own AI Hedge Fund

Honestly, I can’t believe this app is still free. This app provides so much value to my investing journey that I felt like I needed to write a review. I started investing with Robinhood right after COVID hit, and was never a fan of how little guidance it gave you. I eventually left for an established brokerage. This app has the UI and features of a modern investment app like Robinhood, except it does not touch your money AT ALL, which I like. You can study price charts, read breaking news, view curated insights, and most importantly manage your existing portfolios with AI without moving your money out of your current investment accounts, which is EXACTLY what I need.

I’m a 28 year old software engineer and have always been a fan of fintech and innovations. I was actually looking to find a robo advisor when I came across this app. So the way it works is you connect your existing investment accounts to Maglev and it uses AI to scan your current holdings and market conditions to propose an optimized reallocation of your positions as well as provide insights on your portfolio like risk and projected returns. This works great for me, as I can now manage my investments quantitatively without having to move my money out of my current accounts. Keep it up! Looking forward seeing where this app goes.

This app is pretty sleek and really fun to explore - I’m learning about the mutual funds I’ve been investing in for years but never paid attention to and can experiment with different stocks and funds in choosing a portfolio for the Roth IRA I recently opened. Definitely more straight forward and aesthetic than the apps for my bank accounts and credit cards. Wasn’t sure how AI powered robo advisor would compare to a real person but this is so much easier to just see what the data says about each company and the market overall