Investing, (truly) simplified.
Like Acorns, Stash is a micro-investing mobile and web platform that allows long-term investors deposit (or stash) small amounts of cash into the brokerage account in order to build wealth. Stash is founded on the principle of dollar-cost averaging. Dollar-cost averaging is the technique of investing often. This allows the investors to take advantage of lower share prices and limit buying high share prices. This method is often more effective for beginner investors who are not familiar with market fluctuations.
Who is Stash For?
By nature, micro-investing is tailored for investors who want to start off with small amounts of capital and eventually amass a fortune of wealth by playing the long game. Unlike Acorns, Stash allows for investors more flexibility to choose between different stocks and ETFs, however options are not as abundant as Robinhood, M1 Finance or other traditional brokerages.
Who is Stash NOT For?
Stash was created for the long-term investor however, they allow for investors to withdraw from their accounts once trades have settled. If you are and active investor and like to choose your ETFs and stocks, Stash has a wide range of options. Keep in mind, this platform does not allow for swing or day trading. I recommend Robinhood for beginner investors that want full control over their portfolio.
|Minimum Investment:||$5 or *$0 if you use the promo button below|
|Investment Options:||Stocks and ETFs|
|Fees:||$1/month or .25%/year for accounts $5K+|
|Retirement Accounts:||Traditional and Roth IRA|
|Other Accounts:||Custodial, Checking Account|
|Platform:||Mobile (iOS & Android) and Web|
Stash $5 Sign-Up Promotion
The primary feature of Stash is “Auto-stash” which is a feature that allows investors to set up a re-occurring amount of money to be invested into Stash on a weekly basis. Stash was designed this way to promote dollar cost averaging which was previously covered in the summary. Once your cash has been transferred from your bank to your Stash account, the fun begins! You are now able to purchase stocks or ETFs. For diversification purposes, Stash recommends you diversify reduce the impact of market fluctuations. Stash has a wide range of funds to choose from and many of them promote causes. For example, if you want to invest and promote Internet companies you can use the money in your account to purchase Stash’s Internet Titans (
There are many American’s who have yet to begin saving for a retirement. If you do not have a retirement account such as a 401(k) set up with your employer, Stash provides both a traditional IRA or a Roth IRA. *If your employer offers matching contributions, it is highly recommended that you jump on their plan in order to
The Banking Revolution has Begun
Robinhood, Acorns, and Stash are on a similar pathway to get investors to also bank with them. It honestly is a revolution! Mobile banking has been around for a while now, but Stash, Acorns, and Robinhood are creating an entire ecosystem for the new generation that wants to do all their financial management on their phones. Stash banking has not been launched, but if you sign up with this promo link, you will be able to sign up for a Visa debit card and be one of the first to head the new banking revolution.