Investing can be a daunting task, but Stash is here to make it easier. Stash is an online investing platform that allows you to easily invest in stocks and ETFs for as little as $5. It is a great option for beginners who want to start investing but don’t have a lot of money to invest. But is Stash legit? This comprehensive guide provides a deep dive into Stash and will answer all of your questions about the platform. We’ll cover topics such as fees, customer service, and whether or not Stash is a legitimate investment option. By the end of this guide, you will be an expert on Stash and be able to confidently answer the question – Is Stash Legit?
Is Stash Legit?
Stash is a new app-only investment company that makes it easy to invest your spare cash. They have their own investment portfolio, which they say will make money in the short term and the long term.
What Is Stash?
Stash is an online investment platform that allows you to invest in a variety of stocks and ETFs for as little as $5. Stash has simplified the investment process by making it easy for you to build a diversified portfolio with as little as $5 a month. A stash is a good option for beginner investors who do not have a lot of money to invest. Investing with Stash is a good option for beginners because it allows you to start investing with as little as $5 a month. You can use the money you would normally spend on coffee each month to invest in stocks and ETFs. Stash is an excellent way for young people to start investing early and make their money work harder for them.
Fees Associated With Stash
Stash Fees
Stash makes money by charging a small fee for each trade that you make. The fee is between $0.01 and $0.03 per share, depending on the stock or ETF you are buying. The fee is higher for more expensive stocks and ETFs. The flat fee structure makes it easy to compare the cost of investing in different stocks or ETFs.
Stash also charges a monthly management fee of 0.25% on your account balance to cover the cost of operating their platform and managing your investments. This expense ratio is much lower than most mutual funds and other investment platforms, which can charge as much as 2% per year in management fees.
Trading Fees
The trading fees associated with Stash are significantly lower than traditional brokerages such as E*TRADE, TD Ameritrade, or Scottrade, where you can easily pay more than $10 per trade in trading commissions alone (not to mention additional fees for things like paper statements and trade confirmations).
Account Minimum
Stash does not require a minimum account balance to open an account, which is great for people who want to start investing a small amount of money. You can invest as little as $5 per month and build a diversified portfolio with stocks and ETFs worldwide.
Investing With Stash
Stash allows you to invest in individual stocks and ETFs using their app or website. When you sign up, you will set up your risk tolerance level, and Stash will automatically build a diversified portfolio of stocks and ETFs based on your risk tolerance level. The portfolios are constructed by selecting stocks that are designed to grow over the long term (for example, Amazon’s stock price has increased by about 1,000% since 2010) as well as stocks that will produce short-term gains (for example, Tesla’s stock price has increased by almost 400% since 2016).
Customer Service Options
In Person
You can get your money back in person at one of the Stash locations. There are over 100 locations throughout the United States and Canada. The company has plans to expand internationally in the future.
Online
If you want to contact Stash online, you can use their live chat or email them directly at [email protected]. You may also call them at 1-833-STASH-01 (833-782-7401).
Social Media
You can reach out to Stash on Twitter, Facebook, and LinkedIn as well. Their Twitter handle is @stashinvesting, and their Facebook page is facebook.com/stashinvesting. You can also connect with them on LinkedIn here.
Contact Form
If you want to contact Stash anonymously, you can fill out the contact form on their website here. Sending an anonymous message will ensure that your personal information remains private as well as ensure that you do not get spam from the company.
If you want to email Stash directly, you can send them an email at [email protected].
Benefits Of Investing With Stash
Investing with Stash is Easy
Stash makes investing easy by taking care of all the work for you. You can start investing with as little as $5 a month, and you don’t have to worry about researching the best stocks to buy or how much to invest. Stash does all the work for you, so you can sit back and enjoy your extra money working hard for you.
Investing with Stash is Affordable
Stash makes it affordable to invest because they charge a small fee of just 0.25% per year on your investment portfolio. This fee is much lower than what most financial advisors would charge. The average fee charged by a financial advisor is 1% per year, which means that over time this small fee will add up significantly, but just think about what your money would be worth if it could make more money while you are sleeping or at work. If your investment portfolio grows faster, then you will be able to retire sooner and spend more time doing what you love.
Investing with Stash is Safe
Stash uses a mix of low-cost ETFs and individual stocks to creating your personalized investment portfolio. The ETFs are low-cost index funds that track the stock market and are designed to provide a return similar to the market. Stash also uses individual stocks that have the potential for higher returns than the market but also carry more risk than an index fund. The stocks are chosen based on specific criteria that have historically resulted in higher returns for investors but also carry more risk than an index fund. Learn more about how Stash creates your personalized investment portfolio here.
Investing with Stash is Flexible
Stash makes it easy to start investing with as little as $5 a month, but you can also invest more if you choose to do so. You can change the amount of money you want to invest each month at any time by logging into your account and making adjustments online.
Investing with Stash is Transparent
Stash makes it easy to see exactly how your money is performing and how much money you have made on your investment portfolio. You can log into your account online at any time and see the current value of your investment portfolio, as well as how much you have made in interest over the past month.
Investing with Stash is Social
With Stash, you can connect with friends and family to help them get started investing too! You can invite friends and family members to join by simply giving them a link to sign up using your referral code. If they sign up using your referral code, then they will receive a $5 bonus when they invest their first $5 or more. Not only will you be helping out a friend or family member, but you will also receive $5 for each person who uses your referral code when they invest their first $5 or more. The more people that use your referral code, the more money you will make!
Final Thoughts On Stash
Stash is a great investment platform that allows you to invest in stocks and ETFs for as little as $5 a month. Stash has a low trading commission and has built a reputation for being a very customer-focused company. A stash is a good option for beginner investors who want to start investing with as little as $5 a month. The investment platform is free to use and has a low trading commission. Stocks and ETFs can fluctuate in value and are subject to the risk of loss.
