ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Stash Invest Review

Updated on October 27, 2017
TheWritingnag profile image

Writing Nag is the pseudonym for blogger Patricia Biro. She writes about home, finance, creative writing and anything and everything vintage

What is Stash Invest?

Stash Invest is a micro-investing app that is currently available for Android and iOS.

According to the Stash website, the mission of their company is to make investing
simple and accessible. And what is more simple and accessible than an app on a smartphone? Investing in ETFs (exchange-traded funds) which are simply a collection of stocks and bonds allows a user to start investing in companies, products, and industries they like and support without having the money to purchase whole shares. For example one ETF offered by Stash is "Roll with Buffet. Roll with Buffet is Berkshire Hathaway Inc. Class B. Ticker: BRK.B

Currently there are more than 30 ETFs available but be aware what you see is based on the profile you set up. My current risk profile is Aggressive but that may change. Aggressive risk profiles see all ETFs available on Stash.

Answering the following questions will put you into the category of a Conservative, Moderate, or Aggressive Investor.

  • What's Your Investing Style?
  • What's Your Employment Status?
  • How much do you make in a year?
  • What's the value of everything you down, minus any debt?
  • When do you plan on using the money your invest?



Why Use Stash Invest?

Two months ago, I took a small amount of money from a savings account where it was making 1.25% interest to see if I could make a better return with micro-investing.

I was familiar with buying small percentages of stocks at a time. I’ve been investing in stocks starting with Sharebuilder (Now Capital One Investing) for more than 10 years when I set up my IRA accounts. And I tried Betterment but have since closed my account. Other micro-investing apps include Acorns and Robinhood. Robinhood is a commission free stock buying app.

Pros & Cons of Micro-Investing

Pros

  • Easy for the beginning investor
  • No account minimums
  • $5.00 minimum trades
  • Higher returns than savings accounts
  • Dividends can often cover monthly fees

Cons

  • $1.00 a month (accounts under $5000) doesn't sound like much but it adds up
  • Some financial experts are leery of the micro-investing trend
  • Small investments = small returns

This is not a get-rich-quick scheme investors should be in it for their future. You have to be willing to ride through the highs and lows of the stock market. Although it is simple to sell; the app will advise you not to. The business model is for buy and holding ETFs.

Still interested? Here's $5. Try this out:

“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.”

— Warren Buffett

Investing 101

Investing 101: From Stocks and Bonds to ETFs and IPOs, an Essential Primer on Building a Profitable Portfolio (Adams 101)
Investing 101: From Stocks and Bonds to ETFs and IPOs, an Essential Primer on Building a Profitable Portfolio (Adams 101)

I was gifted this book by a friend in the financial field and found it to be a great overview in Investing for beginners.

 

Are you ready to start investing with $5.00?

Are you ready to start investing?

See results

“Don't save what is left after spending; spend what is left after saving.”

— Warren Buffett

My Experience with Stash Invest

As of today's date 10/24/2017 my portfolio account Total Return is 5.22%. Potential in the next ten years, if I continue to use Stash, is good if the last ten years are an indication.

The Stash Facebook group (which you can access on the Home tab of the app) is an independent helpful and supportive group of other micro-investors that want to help you succeed for the long term.

Don't put all your eggs in one basket. Along with Stash Invest I also have a company sponsored 401(k) account, higher interest savings accounts, CD's, and retirement IRA's. This is not an endorsement of Stash Invest, just my personal experience for users that want to dip their toe in micro-investing.

© 2017 Writing Nag

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)