What are the benefits of using it and how does it work? Before you decide whether or not to download this app, you’ll want to know the answers to those questions. Continue to read on to find out more about the Stash app.
What Is The Stash App
It is an investment app that you can download to your Android device. Stash is designed to help you find and choose investments. It specifically deals with exchange-traded funds (ETFs), but the app does not manage your accounts. Think of the app as being a tool to guide you through the process of building an investment portfolio.
How Does It Work
The way Stash works is simple, with the first thing you need to do is download the app, provide them with a little bit of information and then you can start investing with as little as $5. You create a portfolio that is based on the things you enjoy, love or believe in.
In the process, you’ll receive tips and guidance, which will help you select what to invest in.
Benefits Of The App
The best thing about Stash is it has a number of ETFs for you to invest in. Finding the stuff you care about the most will be easy. Best of all, the investments listed within the app come with a synopsis, so you will know exactly what the investment is, what it is about and things of that nature.
When it comes to investing, it is important to understand the level of risk associated with what you’re about to invest in. Stash gives you an idea of what kind of risk is involved. This is because there is a bar that represents that level of risk associated with the investment.
You don’t have to invest a lot, as all you need is $5 and you can begin to invest with Stash. It’s possible to invest as little as a few dollars because the ETFs that are bought by Stash are split between the investors on the app.
What this really means is you only need a very little amount of money to start building a portfolio.
Should You Download The Stash App
You should download this app if you’re brand new to investing. The app makes it fun and easy to learn how to invest. Also, you should consider using Stash if you consider yourself an impact or thematic investor, or if you just want some sort of guidance and advice on what kind of investments you should choose.
The truth is you can’t go wrong with using Stash for Android, regardless if you’re a new investor, have a little bit of investing experience or if you’re a seasoned investor.
Do you want to start investing, but you’re not too sure where to start? Maybe you’re already a seasoned investor, but looking for an easier way to do things. If this describes you, or you’re just curious, then consider downloading the Stash app for Android today.