![]() Now, let’s answer some of your common questions about Stash. Overall, Stash’s fees certainly won’t break the bank. Fidelity’s ZERO funds have 0.00% expense ratios (hence the name). But if you compare it to Fidelity’s ZERO index funds, Stash doesn’t sound as appealing. The average ER for Stash ETFs is 0.25% or 0.16% non-thematic funds. Speaking of expense ratios, we still have those to consider for Stash. On the plus side, the Stash subscription is a flat fee, meaning that 1.2% fee becomes a 0.12% fee if you invest $10,000. For example, an M1 Finance Roth IRA allows you to invest in a variety of ETFs with no management fees ( expense ratios still apply). Again, that doesn’t sound terribly high, but it actually is compared to the alternatives. We should be comparing it to other investment platforms.Īnd if you pay $36 per year on $1,000 invested, that is a 3.6% fee as a percentage of assets. My point is that comparing the cost of Stash to Netflix isn’t a meaningful comparison. A Netflix subscription won’t help you invest any more than buying groceries will. Again, pretty cheap, isn’t it? That’s about the same cost as one month of the cheapest Netflix subscription. And you just want to give Stash a try, so you go for Stash Growth at $3/month. Let’s say you have $1,00 in your Stash account. Just a dollar a month? Sounds great, right!? Here’s how the monthly costs stack up: Plan NameĪs mentioned earlier, these monthly rates seem pretty low. Stash PricingĪs mentioned, Stash has three different pricing tiers. You also receive an additional $9,000 in life insurance from Avibra and a monthly stock market insights report. In addition, your rewards for the Stock-Back program are doubled, meaning the non-bonus reward is 0.25%. One of the main features it adds is custodial accounts, which allows you to open investment accounts for up to two children. Stash’s highest tier, Stash+, adds quite a few more features. For $3 per month, you gain access to these tax-advantaged accounts and retirement advice. Stash Growth members gain access to Roth IRA and traditional IRA accounts. As a note, each tier includes all of the features of the tiers below it. Since Stash has three different pricing tiers, we’ll cover the features included under each tier. Let’s take a look at what Stash has to offer. Some of them are still unique, though some have since been implemented by competitors. It does have several interesting features. With all of the investing apps out there, you may wonder how Stash manages to stand out. It has the following stock and ETF categories to choose from: Stocks Instead, Stash gives you options such as a dividend ETF it playfully calls “Delicious Dividends.” And there is “All That Glitters,” which invests in precious metals and other related commodities.Īll told, Stash has over 3,500 investments to choose from, including stocks and ETFs. “What does that even mean?” you might ask yourself. ![]() One way it does this is by giving its ETFs nicknames to make them easier to understand.įor instance, consider an ETF name like GS Connect S&P GSCI Enhanced Commodity TR Strategy Index ETN. One of the unique features of Stash is how it makes investing more approachable. Thus, it makes it easy to ensure your portfolio is diversified. The options Stash will suggest come from its selection of thousands of stocks and exchange-traded funds (ETFs). Be sure to give honest answers to the questions during setup so that Stash’s recommendations align with your goals. Once you have answered all the relevant questions, the app will suggest a conservative, moderate, or aggressive portfolio to help meet your goals. All you have to do is answer a few questions, and Stash will automatically suggest a portfolio that meets your requirements. Stash works by helping to guide you through the process of selecting a diversified set of investments. That includes Built-in NYC’s Best Places to Work from 2019-2021. Stash is based in New York City, and the company has won various awards. The result is Stash, the app that helps you “invest in yourself.” The founders had worked on Wall Street but quit their jobs to create an app they thought would be more suitable for most people. The app was founded in 2015 because its founders, Brandon Krieg and Ed Robinson, felt investing was unfair for the average consumer. Stash is an investment app and platform that looks to simplify the process of investing. Portfolios are rebalanced via Stash’s Smart Portfolios feature.Traditional IRA, Roth IRA, brokerage, debit account, custodial accounts.Wide variety of stocks and ETFs available across various industries.The average ER for Stash ETFs is 0.25% or 0.16% non-thematic funds.
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