Micro Investing
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Micro Investing
Moneyes wrote: I'm going to bookmark both of those. Acorn especially sounds like something to set up for my daughter who just turned 18.
Before I do though I will research through the FTC and BBB. It may be only 25 bucks a month I'm investing, but I want to make sure they're legit.
Thank you for the tips.
I have also heard positive reviews of Acorn.
- Moneyes
- Offline
- Junior Member
- Posts: 261
Replied by Moneyes on topic Micro Investing
Before I do though I will research through the FTC and BBB. It may be only 25 bucks a month I'm investing, but I want to make sure they're legit.
Thank you for the tips.
- JacksonM
- Topic Author
- Offline
- Junior Member
- Posts: 91
Replied by JacksonM on topic Micro Investing
I've seen ads for another called Acorns. With that one, you connect a card or cards, and when you make a purchase, the change is deposited into an investment account. The picture of what you're investing in isn't as clear though, so I think I'm leaning toward trying Stash. I also like the that they teach you along the way.
- Joker
- Offline
- Junior Member
- Posts: 169
Replied by Joker on topic Micro Investing
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Micro Investing
- Lexie
- Offline
- Junior Member
- Posts: 241
Replied by Lexie on topic Micro Investing
- JacksonM
- Topic Author
- Offline
- Junior Member
- Posts: 91
Replied by JacksonM on topic Micro Investing
Lexie wrote: Novice here. Please explain what Stash is. We have some investments but would like to branch out. Is this something to play around with or can you make some serious cash?
Stash is an investment app that lets you buy portions of stocks. You can get started with as little as $5. My friend started using it a few months ago. His current return is around $15 with about $350 in four investments.
According to the website, it's a way to get started slowly in investing while learning more about it. They charge $1 per month. I'm intrigued by it, but so far my friend is the only person I know who uses it.
- Lexie
- Offline
- Junior Member
- Posts: 241
Replied by Lexie on topic Micro Investing
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Micro Investing
JacksonM wrote: A friend of mine has been using Stash for investing over the last few months and recently sent me an invitation to join. I've read about it, and it sounds interesting, but I'm still a bit leery. Does anyone have any experience with Stash or other micro investing sites/apps? What do you think of them?
I have played around with it a bit. Nothing to serious, but its a cool concept.
- JacksonM
- Topic Author
- Offline
- Junior Member
- Posts: 91