![]() ![]() Stash’s interface made the application really easy to use. I tried searching specific ETF tickers, but that yielded no results. Here you can search for specific stocks to see if they are included in any of the ETF options. To search for a particular stock, click the search button in the upper right-hand corner. You will need to have funds deposited into your Stash account before you’re able to make any purchases ( Figure 4). To invest in a particular category or ETF, click Add to Portfolio. Clicking the question mark will bring you to the definition of the term. The tab also displays other investment ideas based on your risk profile.Įvery metric on each tab has a small question mark. You can also click “follow friends” to see if anyone in your contacts list is using Stash and what they are investing in. The “Who Owns It?” subtab shows the percentage of the Stash community with your chosen level of risk that is investing in that particular security. The page lists the latest price, one day change, and year-to-date change. The Performance subtab shows performance of the security over the last one, five and 10 years as well as since-inception return on a chart. The second main tab, Discover, has three subtabs: Overview, Performance and “Who Owns It?” The Overview page includes a brief description of the fund style, risk level (conservative, moderate, aggressive), top portfolio holdings, the underlying security (typically an ETF), the ticker symbol, dividend yield and expense ratio ( Figure 3). Categories may include Data Defenders, which represents a cybersecurity ETF, or Small but Mighty, which represents a small-cap ETF ( Figure 2). Instead of listing individual fund names, Stash lists categories. The presentation of different investment vehicles is different than you might expect. The Ideas subtab shows recommended investments based on the information input during setup. Based on your estimated monthly deposit and annual return, the app displays what you could potentially earn over the next year, five years and 10 years. It uses compounding concepts and is accompanied by a calculator where users can input their potential monthly deposit and growth potential (expected annual return). The Potential subtab is designed to show users the potential growth of their portfolio over time. ![]() Users can quickly invest money from the Balance tab by clicking “make a deposit” or check their historical transactions by clicking “view account history.” The Balance subtab displays your account balance over time, including deposits and withdrawals. The Portfolio page displays your holdings and pending transactions. The My Stash tab contains four different subtabs along the top: Portfolio, Balance, Potential and Ideas. The home screen displays three main tabs at the bottom: My Stash, Discover and Account. Once you get past the setup (which didn’t require me to verify who I was via email) and fund your Stash account ( Figure 1), you can choose additional investments. When you click “get started” there are three steps to follow: Create your profile, select your first investment (from a list based on your chosen investing style, from conservative to aggressive) and verify your identity. Electronic statements and trade confirmations are free, but paper confirmations will run you $2 and paper statements cost $5. Once your balance is over $5,000, Stash charges 0.25% of your account balance per year. After those three months, it charges a service fee of $1.00 per month for account balances under $5,000. Some of the ETFs that appeared when I went through the process included First Trust NASDAQ CEA Cybersecurity ETF ( CIBR), SPDR S&P Homebuilders ETF ( XHB), iShares MSCI USA ESG Select Fund ( KLD) and Vanguard Small-Cap ETF ( VB).Īfter paying a $5 initial set-up fee, Stash is free for the first three months. For each investment available to you on Stash, you can see the primary company or companies included, and can visit the website of the investment for more information.”įrom what I can tell, Stash features only a select group of ETFs at this point in time. Stash recommends a set of those investments for you, based on the profile you fill out when you sign up. Stash picks a select group of the thousands of ETFs and stocks available, based on factors like low fees, managed risk, and historical performance. In the FAQ, Stash explains, “Investments in Stash are exchange-traded funds ( ETFs) or stocks. Stash Invest is a newly created application for iOS and Android that allows you to save money and invest in a select group of ETFs based on your profile and investing style. App provides an easy way to get started investing in ETFs. ![]()
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