Stash Invest | Brokerage Review

What is Stash?

Stash Financial or simply Stash is a financial technology and financial services company based in New York, NY. Stash Invest is a brokerage service provided by Stash Financial aimed at millennials and entry level investors.

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Overview

Stash Invest is a brokerage company that is targeted at individuals that are new to investing. Stashā€™s best feature is the fact that at heart it is an educational tool. Stash leaves you with the freedom to pick and choose the stocks or ETFs you want, all the while guiding you to make good choices and teaching you how to become an educated investor.

Expenses & Fees

  • Account fee: $1/month for accounts under $5,000 ($2/month for IRAs under $5,000);

  • 0.25% for accounts $5,000 or more.

  • Retirement accounts (IRAs) free for anyone under age 25.

Pros

  • Super friendly to low income and inexperienced investors

  • User friendly interface

  • Mobile app and website access

  • Great educational tool

  • AI generated investment recommendations (Stash Coach)

Cons

  • Very limited number of ETFs and stocks available.

  • Only two trading windows per day

  • Only really suitable for long term investors

  • Tenured investors may find Stash constrictive due to the limited investment options


Budget Geek Appraisal & Rating

Overall Stash is a great option to get started with investing, especially if you are a new to investing and want to expand your knowledge.

You can get started today with just $5.00, and if you sign up and use our link here you can earn an extra $5.00 !

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