Stash App: Investing Made Easy For Beginners

Stash is a beginner-friendly investment app that allows users to invest in fractional shares of stocks and ETFs. The app offers two subscription plans: Stash Growth for $3 per month and Stash+ for $9 per month. Both plans provide access to a range of investment options, including stocks, ETFs, and retirement portfolios, as well as educational resources and automated investing tools. Stash's low fees, transparent pricing, and personalised advice make it a good option for beginner investors. However, experienced investors may find the app too simplistic and limited in terms of advanced trading features.

Stash's subscription tiers: $3/month for Growth and $9/month for Stash+

Stash offers two subscription tiers: Stash Growth and Stash+. The Growth plan costs $3 per month and provides access to a basic personal brokerage account, Stash Banking, retirement investing, and Smart Portfolios. It also includes financial guidance and up to $1,000 of life insurance through Avibra.

The Stash+ plan, on the other hand, costs $9 per month and offers a more comprehensive set of features. In addition to all the benefits of the Growth plan, Stash+ subscribers get access to Kids Portfolios (custodial accounts), guidance for family finances, and Stash+ Market Insights. The Stash+ plan also provides higher Stock-Back® Card rewards, earning 1% back in stock on all purchases up to $1,000 per month, and the life insurance benefit increases to $10,000.

Stash's subscription model allows users to choose the level of features and guidance they need, with the option to upgrade as their investing needs evolve. The Growth plan is suitable for those who want a basic investing platform, while Stash+ caters to families or individuals seeking more advanced features and higher insurance coverage.

Stash's investment options: stocks, ETFs, and fractional shares

Stash is a beginner-friendly trading platform that offers both automated and DIY investing strategies. It is a subscription-based service with two plans: Stash Growth and Stash+.

The Stash Growth plan costs $3 per month and gives you access to a basic personal brokerage account, Stash Banking, retirement investing, and Smart Portfolios. It also includes financial guidance and up to $1,000 of life insurance through Avibra.

The Stash+ plan costs $9 per month and offers everything in the Growth plan, plus access to up to two custodial investment accounts for children (not 529 plans), 2x stock rewards with the Stock-Back® Card, and increased life insurance access of up to $10,000.

With Stash, you can invest in thousands of individual stocks and ETFs, as well as fractional shares of stocks and ETFs. Fractional shares allow you to invest in small percentages of stocks or ETFs, starting with as little as $0.01 to $0.05. This means that you can invest in a diverse range of assets without needing a large amount of capital.

Stash's "themed" ETFs have names like "Blue Chips" and "Delicious Dividends", making it easier for beginners to understand what types of securities are included in each fund.

Stash also offers automated investing through its robo-advisor platform, Smart Portfolio. This platform creates customized stock and ETF portfolios based on your risk tolerance and investment goals. Smart Portfolios are included in both Stash subscription plans at no additional cost.

Overall, Stash is a good option for beginners who want to learn how to invest and are comfortable with the monthly subscription fee. It provides an easy-to-use platform with a range of investment options, including stocks, ETFs, and fractional shares.

Stash's automatic investment tools

Stash is an automatic investment app that makes investing easy. It offers both DIY and automated investing options, allowing users to choose how involved they want to be in the process.

Stash's automated investing tool is called Smart Portfolio. It is a robo-advisor that gives users a diversified portfolio based on their goals. It is designed by experts and is included in a Stash subscription, meaning there are no management or add-on commission fees.

Smart Portfolio is an easy way to invest, as it is professionally managed and affordable. Users can simply switch it on and let Stash invest for them regularly. The Stash Investment Team designs and builds each portfolio to optimise returns based on the user's overall risk level.

Smart Portfolio also automatically monitors and manages the user's investments. It will build, monitor, and automatically rebalance the user's investments, taking the time and stress out of investing. It will also automatically reinvest any dividends earned on the user's investments.

Smart Portfolio is ideal for those who are brand new to investing, those who want a hands-off approach, and those on a budget.

Stash's educational resources

Stash is an automatic investing app that makes investing easy. It offers a range of educational resources to help users navigate their finances.

• Spend less than you earn: Stash emphasises the importance of having a clear picture of your income and expenses to ensure you are not spending more than you earn. They provide guidance on creating a budget to help you manage your finances effectively.
• Pay bills on time: Stash recommends including your bills as part of your monthly essential expenses in your budget to ensure timely payments and maintain a good credit score.
• Save for the unexpected: Stash encourages users to save a portion of their income regularly. They suggest creating two types of funds: a rainy day fund for short-term unexpected expenses and an emergency fund for larger unexpected costs.
• Invest regularly, diversify, and invest for the long term: Stash provides information on investing in the stock market, including the benefits of compounding and regular investing. They also emphasise the importance of diversification to minimise risk.
• Insure yourself and your assets: Stash highlights the importance of having the right insurance to protect you and your loved ones from unexpected events.

In addition to these financial objectives, Stash offers a range of other educational resources through their "Stash 101" platform. This includes topics such as budgeting, retirement planning, and how to start investing. Stash's resources are tailored to help beginners navigate the complex world of investing and provide a comprehensive framework for achieving financial wellness.

Stash's online banking features

Stash is a mobile financial service that offers online banking and investment services. Its online banking features include:

• No hidden fees: Stash does not charge any hidden fees such as overdraft fees, minimum balance fees, monthly maintenance fees, or set-up fees.
• Instant transfers: Transfers between your investment portfolio cash and your Stash banking account are instant.
• Early payday: Direct deposit users can receive their paychecks up to two days early.
• App-friendly features: The Stash app offers features such as mobile check deposit, debit card lock and unlock, virtual card, real-time transaction alerts, recurring transfers, and digital wallet compatibility for Apple Pay and Google Pay.
• Save for goals: This feature allows you to separate the cash in your online bank account into spaces for designated purposes, such as rent, bills, groceries, or an emergency fund. You can set a target date and amount for each goal, and Stash will send you reminders to keep you on track.
• Stay on top of spending: Stash tracks your transactions in real time and categorizes your spending, providing insights into where your money is going.
• Save with automatic tools: Stash offers automated saving and investing tools like Stock Round-Ups, which automatically invests your spare change from purchases.

Frequently asked questions