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Well, whenever it comes to investing, you may find thousands of books on the same. Indeed, investing is a skillful task where you got to have the knowledge if you want to invest in a much better way.
Thankfully, there is a company called Stash that are making investing a lot simple and easier. With this, I have done an immense series of research and have got for you a detailed Stash review.
Currently, there are millions of people who are searching for a proper investing app. We live in a fast-paced world where modern date humans don’t get time. Therefore, in such times, Stash is an app that can help you tons. It’s one of the best and simplest investing apps that can make overall investing, a breeze of a process.
Right now, all we can do is to go ahead and unwrap an exclusive Stash review for 2020 and beyond.
Table of Contents
- Stash Review 2020
- How you can use Stash?
- More on Stash
- How much money do you need to start?
- More on Money Investing
- Stash Review: Pricing
- A take on Stash Debit
- Stash vs Robo Advisors
- Pros of Stash
- Cons of Stash
- A final word of Mouth: Stash review
Stash Review 2020
Now, before we can begin with the Stash review, you must know what exactly does Stash means.
Stash is an app that offers easy investing even if you are a beginner in the world of stock trading. Yes, the app comes with tons of features that can possibly help you in making your investing like a game.
However, the app doesn’t manage the accounts for you but it does the best in guiding you to invest in proper destinations like what Acorns investing does.
Once you complete the signing up process with Stash, you will be asked some set of questions on yourself. In this case, you got to answer each question perfectly.
Well, questions are asked so that the app knows better about you and will eventually make investing a lot easier.
Further, the app even plans your investing feature where it’s AI mechanism is powerful to offer good investing options.
After this, the Stash app will organize a portfolio for you based on your given topics.
Hence, even if you haven’t invested a penny, Stash is an app that can do wonders for you.
Altogether, the app is much easier to use and you can learn everything about investing right from this app.
How you can use Stash?
Swell, first of all, you got to complete the signup process of Stash. The app is available on Android along with iOS platforms where you will not find any issue to install the Stash app
After this, you will be asked about your very own investing style where the AI will identify your trading options.
Are you an investor who is not afraid to take risks or the one who takes one step at a time, the app analysis such things.
Further, to curate each of your investment options, the app will ask about your total asset, income, values, and tons of other things.
If you want to make a future investment like 401k, then Blooom can guide you perfectly in the investment industry.
During the setup process, you will be asked to deposit your fund whenever it’s ready. On top of that, the app doesn’t really offer any other form of funding.
Once the procedure is complete, you will then see the Stash results. Yes, the app will offer you a complete rundown of ETF based on your needs and financial condition.
Further, the app will note foundational investments based on personal risk, and in turn, it will allocate assets.
Now, once you have answered that you want to become a conservative investor, the choices you will get will be much safer. Yes, there will be less money to play with where you can invest in a much conservative fashion.
Going ahead in this Stash review, if you are willing to be more aggressive, you will see high stock options too.
With this, you will get tons of choices to invest your money and trade in a better fashion.
More on Stash
Further, whether it is to reinvest in dividends or others, you can allow money to grow on a better note. This is what Personal Capital also does to help people in investment.
Yes, with the help of Stash DRIP, you can reinvest your money automatically. This is a handy step where you can potentially grow each of your money in a much better way.
Further, Stash allows investors to build and even track their goals with Partitions feature. Yes, this is one of the most essential features every single person needs.
Also, you can even separate and organize your money in a much better fashion. Altogether, you can set reminders and invest in stuff followed by a backing up of investing data.
How much money do you need to start?
Yes, this has always been a question that is being asked by tons of people. No one is born an investor and for investing, you got to understand that with investing, you can make money grow.
When it comes to investing, there is no minimum amount where you can start off investing as per your needs.
Yes, you also don’t need to save lots of money if you want to take the next step in investing.
Here, you can start off with whatever you have and then add the same to your account every month. Plus, you can set some money aside monthly for investing and invest that money to reap good profits.
Well, with the above feature, Stash becomes one of the best options for every new investor. That is what this Stash review is trying to offer you where there is no bar for investing with Stash.
Further, you must know the effect of compound interest where it’s one of the biggest factors when it comes to investing and making massive money.
Therefore, the faster you can invest, greater is the chance that your money will increase exponentially in future.
Plus, one feature of Stash is that the app shows the calculation by which your money has grown. This is a feature that comes handy for investors where they know the exact calculations on the money.
Also, you can even look at every single location where your investments are present. This truly maintains the overall transparency and helps money to grow at a better pace.
With this, you can even go ahead and contribute your funds from time to time and see your money grow.
More on Money Investing
Eventually, as and when you have learned to invest, you can potentially trim your budget and invest more in the future.
Altogether, if you have a proper flow of money, you can eventually start making massive money, with time.
What’s more? Stash is an app that makes investing a lot easier for beginners. Here, you can get advice along with guidance at every single step. As and when you will go into the investment game, the app will be by your side.
With this, even if you face any issue, you can read guides, tutorials and find answers to your queries.
Additionally, the company does offer three sorts of subscription plans. With this, you can easily go ahead and start off with any of the plans.
You can analyze each plan and choose the best one that suits your needs.
Stash Review: Pricing
Well, going ahead in this Stash review, pricing is one factor that you got to take into consideration.
When it comes to pricing, every single person goes into the worrying state. However, Stash pricing is one of the most affordable ones you can ever find.
In this case, the company offers three types of pricing which are as follows:
- Stash beginner: $1 per month
- Stash Growth: $3 per month
- The Stash +: $9 per month
Yes, seeing the above pricing, almost every single person can afford which is a good thing. Indeed, the pricing is kept at the lowest rates where you can simply choose the basic plan.
It’s hardly 1$ where you can get a chance to enjoy using the Stash app and perform investing in a professional scale.
Starting with the basic account, it is specially designed for beginner investors. Yes, it particularly aims at helping people learn about investing and do proper investments. This could also make you fianancially stronger and also help you in paying off your debt.
Here, you will get your own personal account, Stash debit card, and access to the rich Stash library.
As the plan is of just $1 per month, you can’t really expect massive features from this package.
Now, moving ahead, the $3 per month is the second-best one. Yes, this plan offers retirement accounts where it even comes with plenty of features.
Lastly, talking about the most premium account that is kept at $9 per month, this is affordable too.
Entire pricing is one of the most affordable ones and you can simply choose any of the packages.
Therefore, from your end, you can analyse each of the pricing, analyse your type plan and then proceed ahead to choose a better one.
A take on Stash Debit
Going ahead in this Stash review, Stash as a company has launched their Stash Debit account.
In this case, every single time you start using your Stash debit card, you can get a chance to earn Stock-Back rewards.
Such type of rewards gives investors Stock back in different traded stocks and ETF funds.
Therefore, the very next step you have the will to purchase doughnuts, you will get the Stock back rewards. This is one of the best things you can get that will help in future investing.
Further, you can also earn more by spending at different retailers as per Stash selection. You can also earn more by spending at chosen retailers as per Stash selection.
At this point in time, retailers will earn up to 5% bonus right in inStock Back rewards.
Stash vs Robo Advisors
Going ahead in this Stash review, it’s much important to note that not any sort of Robo advisor. Yes, there are other sorts of Robo advisors but Stash isn’t one of them.
When we talk about Robo advisors, they help people in investing and are present at every single investing aspect.
However, Stash isn’t something you are thinking most of the time. The app is good for people who are thinking to start investing in different bonds and stocks.
Yes, the app offers some of the best pricing where different valuable features are associated with each pricing.
Also, for people who are afraid to invest, Stash as an app does the same without an issue. It helps people to learn investing where you can even track your investments in a much better way.
Hence, altogether, with the Stash app, you can easily go ahead and invest in the best of all assets.
Pros of Stash
Given below are some Pros which every single investor who is willing to use Stash must know:
Simple to use
First of all, the app is a simpler one to use for every single investor. Yes, if you are a beginner or an advanced investor, Stash as an app will not mess with your brain. Every single feature in the app is present in the simplest way
With this, the entire process becomes much simplified for people who are looking to start off their investing journey.
No need for massive money
Unlike other apps and platforms that demand much money, Stash as an app doesn’t ask for more. Yes, with Stash, you don’t need much money to begin investing. This is one of the major USP of this app where you can simply start off with a smaller amount.
You can save money from your income and invest as much as you can.
Alongside this, there is no sort of deposit money or any investing minimums. Therefore, you can easily invest money with a lot more free nature.
Offers personalized recommendations
The app also delivers personalized recommendations based on your income along with needs. Well, this is another fantastic feature you can demand from any investing app. You can also get some ideas from Stash help center to know more.
With recommendations, you can easily invest your money in the right stocks and bonds. This reduces the risk of losing money where the app automatically decides the best stocks where you can invest your money.
Moving ahead in this Stash review, with the help of easy Stash features, you can see the impact of your savings along with investing.
This will help you in keeping a track of your savings where you can then invest your money in a much better way. Plus, as and when you feel that your savings are getting less, you can easily pull of your investing.
Plus, the app also adjusts as per your habits and allows you to perform investing effectively.
Tons of Stock options available
Additionally, Stash as an app offers 250+ ETF along with stocks. This is indeed a massive number where you can effectively choose from different stocks. With this, the app also guides you in choosing stocks based on your recommendations.
When it comes to offering educational content, Stash as an app excels in this scenario. Yes, it offers some of the best and valuable content related to funds and almost every single thing related to the stock market.
Learn everything using Stash
Additionally, if you are someone who is a new investor, Stash as an app does it’s best to offer you some valuable information. Here, you can learn everything about investing, stock market, brokerage, and tons of other investing stuff.
Invest into passionate stocks
Lastly, Stash offers you investing in funds that you find the most passionate. Yes, the app allows you to choose funds that are mostly in line with your passion.
For example, if you are willing to invest your money into companies that are working towards the green revolution, the app allows you to do the same.
With Stash, you can find those companies and potentially invest in them. Likewise, you can go ahead and invest your money into such other companies.
Cons of Stash
Does not manage the portfolio
Yes, Stash as an investing company doesn’t manage the portfolio. With this, you will not get advises at every point in time as you get in case of a Robo advisor.
With this, if you want to search for specific information, you got to do the same on your own. Yes, the app offers tons of investing guide and with their investing AI, you will know which bonds are great for investing.
Linking checking account
Yes, the app wants your personal information along with checking the account from you. With this, they gather information and then display different stocks that are better for you. Plus, the app asks you to commit to monthly fees once you are done with the signup process.
Therefore, once you are done with the signup process, you will be asked to pay monthly fees. Well, monthly fees aren’t much where you just have to pay $1 per month if you want to start off with the beginner’s account.
However, as and when you go ahead to choose the advanced account, you got to pay much higher fees.
A final word of Mouth: Stash review
Well, we have come to the ending phase of the article where you must have got to know everything about the Stash app.
Stash is an app that will work the very best for every single person who is willing to start their investing journey. Yes, with the help of Stash, you will get a detailed guide of almost everything related to investing.
With this, you can even go ahead and explore plans from Stash. Yes, each of the plans comes at decent pricing where the starter plan costs just $1 per month. Well, this sort of pricing is extremely cheap where you can potentially go ahead and opt for the plans.
On the other hand of this Stash review, even if you are an advanced level investor, this app can help you too. With the help of it’s advanced AI mechanism, you will know the current trending stocks you can invest your money in.
Altogether, Stash is an app that is affordable and with its amazing investing capabilities, you don’t need to go anywhere else.
This app offers every single thing where all you can do is to start using the app. Quite effectively, you can learn every feature of the app and see how actually investing works.
As and when you will invest money, there will be a time when you will grow money exponentially and reap good benefits from the same.
Founder of twomillionways.com
MBA – London
I am here to share my ideas and experience on how to make real money.