Stash: Investing made easy 4+

Relative Newbie happily and easily investing money

I downloaded this app about a year ago and have accumulated a nice chunk of change in my investments without feeling like I was spending all of my money. I like how you can invest as little as you want on whatever timeframe works for you. I was able to set my preferences and then leave it alone and watch my balances go up. I have it automatically withdraw money from my bank account on pay days and it invests it for me, so I don’t forget. I’ve also taken advantage of the bank account they offer and put my weekly spending money on there so that as I am shopping, I’m buying stocks as well. I turned on the round up feature but they also give you minuscule amounts of stocks just for using your card. They have information available to help ensure you are diversifying your investments, too. This app is super easy for new investors or anyone who doesn’t have a lot of money to invest. I did get really excited about how I was finally able to build up money in some investments, that I downloaded another app that is supposed to be investing for stock bits but the other app was not as user friendly, in my opinion as I am still learning about investing. I recommend this app to all of my friends (and not just because of the referral bonus). Good luck on your investments!

A good habit of saving.

I started Stash about four months ago. I didn’t deposit anything for the first month and kinda just researched the app a little bit. The first thing i love about Stash is that it’s super user friendly. It’s easy for me to navigate and it’s beautifully built. The second thing i like about it, is that you can go at your own pace, whatever that may be. This app is meant for INVESTING which means “stashing” your money away and forgetting about it. Me personally, I’ve always tried to set money back in my savings and checking account and it just seemed like nothing ever grows. With stash, I’m able to put back an amount that is comfortable for me. They have a feature called auto-stash and i turned that on. I set my limit at $10 a week, noticed it was super easy and wasn’t losing any sleep over it, so i moved it up to $30. I did $30 for a few weeks and got excited so i bumped it up to $60 a week. For me, this is the perfect flow right now. It’s been three months of consistent saving, NO withdraws, and i purchased some ETF’s and Stocks in a few companies and my stash account just hit $1,000 with $104 being a return. This is a great way for you to save a little bit of money, and letting it grow over time. I give it 5 stars for my experience. I may leave another review when i hit 5k!! 😛

Excellent

Update: I have been using the app now for about two years. I enjoy the freedom of picking my investments and moving money around. It does take a while for the selling window to take place if you want to withdraw money, which I rarely do. What I didn’t like was the customer service I received through email. I received several emails with a one sentence response that did not address my concern. I have referred several people so far to use the app, and the latest was advertised at receiving $20. I was told it was a $5/20 where my friend gets $20. I’m verifying later today that she received $20 as the agent stated. That was not what the ad states. So be aware if you refer, that the “Get $20” may not apply to you.
This is a great app and I compare it to fantasy football. You can pick up and get rid of “players“ as your investments if you don’t like the way they perform. You can view past performance, and it’s easy to diversify. I knew nothing about investing when I got started but this makes it easier to get started and learn if you’re interested. I’ve also referred a few people and we all got our free money! When I started using this app a couple of years ago, I was working to repair my low credit score and save just a little bit of money starting with $5. Now my credit is great, and not only do I have a little savings, I am also now well above my original goal of an initial investment that I felt was a good first milestone.

Developer Response ,

We’re always looking to improve Stash and appreciate your feedback. We'd be happy to look further into your referrals in your account if you didn't receive the credit you were promised. Please contact us at 1(800) 205-5164 or send us an email at support@stash.com with the subject titled "app review".