Stash Invest Android App Review
Stash Invest for Android is an automated investment app that allows you to start investing with as little as $5. You can gradually add $10-20 a month and build you stash. The money can be withdrawn any time. Stash Invest app can be downloaded for free from Google Play Store.
Features
Stash Invest for Android makes it easy for you to save and invest your money. You can load by investing as little as $5 and start buying into the market at varying risk levels, according to your preference. You may invest into groups of bonds, stocks and other vehicles that the app had categorized into groups. It is a good idea to invest into a mix of all of these as it diversifies your investments. To start investing, you got to create a user account first. Now you got to complete a questionnaire that determines your risk level. Stash Invest for Android presents you a list of investment options based on this. The app provides you with personalized guidance and recommendations to help you all along the way. As of today, Stash Invest presents 30 easy-to-understand investment themes like Clean & Green and Roll with Buffett. Investments are managed by experts like Vanguard, State Street and BlackRock.
Stash Invest for Android is designed for long term investing. It is also less stressful as you don’t have to lose sleep over daily or weekly price fluctuations of your investments. More likely than not, the markets would grow overtime, even if the growth percentage is 10% or less, and you stand to make a profit nevertheless. Stash Invest app is currently available for only US citizens, permanent residents and select visa types. You got to provide your SSN and bank account details to use the app. Stash Invest for Android charges a subscription fee of $1/month after three months since signing up. You also have the option to share your investment info via Facebook. The app uses 256-bit bank-grade encryption to secure your information. So it is safe. On the flip side, it will take few days to finalize a sale if you’re using EFT bank transfers.
Conclusion
Stash Invest for Android allows you to make small investments and slowly increase it per month and subsequently, grow it into a savings vehicle for the future. Based on the risk you’re willing to take, you’re provided with 30 investment themes, in which you can invest your money. Since the investments are managed by experts, your money should be safe enough. Timely tips and recommendations help you develop smart financial habits. The UI layout is easy to understand. It is also stable. To sum it up, an investment app for anyone who wish to do some lightweight investment, for fun or otherwise.
Category: Free Android Apps
