![]() ![]() Instead, you can invest in themes based on specific industries and your own interests. You can invest in "themes." You won't have to choose from unrecognizable names of ETFs (or "tickers") when investing.You must be 18 years or older to open your own account, so this gives younger investors a chance to get things going. If you have children or grandchildren with an interest in investing or you want to start an account for them, you can open a custodial account. 8 If you can't afford a full share of the stock, Stash allows the purchase of fractional shares. This makes it accessible to beginning investors who may not have a lot of money to get started. You don't need to maintain a minimum balance or invest a certain amount of money when using Stash. ![]() Even those that say they are for beginners don't break the lingo down into layman's terms as well as Stash. Stash really caters to beginners, which not many investment companies do. Stash offers many educational opportunities to help beginners learn how to invest.You can also learn about specific companies/stocks. In layman's terms, you'll learn about the investment, see a graph regarding its risk level, learn the expense ratios, and see the underlying holdings in each ETF. You can get a snapshot of your account and its potential with the click of a few buttons.Īs it pertains to actual investments, you can learn what you need to know about a theme on one screen. Stash is available on Android and iOS devices, as well as online. ![]() You'll earn 0.125% Stock-Back rewards on every purchase and up to 2% on purchases with certain merchants each month 3 Stash also offers the Stash Stock-Back® Card 1 and the Stock-Back® Rewards 2 program lets you earn pieces of stocks or funds back on qualifying purchases. It offers access to a personal brokerage account, a retirement account (Roth or Traditional IRA), two custodial accounts (UGMA/UTMC) for minors 7 (age will depend on account-holder's state), and banking services 1, with 1% Stock-Back® Rewards 4. It includes a personal brokerage account, a retirement account (Roth or Traditional IRA) 6, and banking services 1. 5 Each is designed to fit a range of financial needs, from dipping your toes into the world of investing to maximizing your financial power with every tool. If you have experience in investing, however, you'll likely find the advice trivial and the fees too high compared to other investment companies. Stash does a good job of providing you with advice against jumping ship the moment things get bad, though. Because you are in charge, you have to be able to remove the emotional component of investing from your mind. Is Stash worth it? Stash could be worth it if you've never invested a penny in your lifetime and you have an interest in learning about how it works. Stash helps you build and manage a diversified portfolio by giving personalized advice and financial education.
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