You can pick your own individual stocks and ETFs, but the automated portfolio option isn’t available with Stash Beginner. The Stash Beginner plan costs $1 per month and gives you access to a personal portfolio investment account, a Stash bank account and a debit card. There are no trading fees or commission fees. Stash offers three subscription plans that charge monthly fees. Once that’s done, you can take a moment to get familiar with the app. Next, you’ll be asked to answer a few questions to help Stash gauge your risk tolerance: conservative, moderate or aggressive. You also must provide your Social Security number to prove you’re a legal U.S. You’ll need to provide some personal information during the sign-up process, including your legal name and birth date (you must be at least 18 years old to use Stash). Sign up for Stash through The Penny Hoarder and we’ll give you $5 to get started! Once your account is up and running, you can invest smaller increments (like 5 cents or less). Stash doesn’t require customers to deposit a minimum amount of money to open an account, but you’ll need at least $5 to start investing. You can easily sign up with Stash by visiting the website or downloading the app. In this Stash review, we’ll discuss the different investment accounts the app offers, pros and cons, pricing and more.īut first, let’s explain how to open your account with Stash. Stash was last valued at $1.4 billion in 2021. Stash has become one of the most popular micro-investing apps in the United States with over 6 million users in 2021, according to the company’s website. It also offers personal finance education and an automated investing option. Stash offers retirement, banking, individual brokerage and custodial accounts with a monthly flat-fee subscription model. The company operates both a website and a mobile app. That’s a tactic known as micro investing.įormer Wall Street pros Brandon Krieg and Ed Robinson founded Stash in 2015 with the goal of helping everyday people create a more secure financial future. ![]() is a New York City-based financial services company that lets you incrementally put small sums of money into an investment portfolio. Trying to decide if Stash is right for you? To help you make the best choice, we’ve reviewed the app ourselves. Or you can pick from more than 3,000 individual stocks, exchange-traded funds (ETFs), as well as bonds if you want a more hands-on approach. ![]() Stash can create a diversified investment portfolio for you based on your financial goals and risk tolerance, offering a user-friendly way to kickstart your investment journey. The Stash app is a popular choice for new investors because it lets you begin investing with just $5. Micro-Investing apps aim to make investing more inclusive, easier to understand and less intimidating. Learn more about how we make money and select our advertising partners. We provide you with accurate, reliable information. Some of the links in this post are from our sponsors.
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