Now, smart phone investment is becoming very popular. I started investing small amount of money each week on Stash and Acrons since last December. I would like to share the experience for the first month. The iPhone snapshot is the result of first month. Fortunately, it is positive total return so far 🙂
Starting Stash is very easy.
- Download Stash app from App store
- Type your personal infomation with one bank account
- Invest $5 from your bank account
- Answer multiple questions to find out your investment (high risk, moderate risk, conservative risk) You can switch it later.
- Start investing!. You can add more stock options, buy more or sell your inverstment money. You can get dividends once a while depending on your selected inverstment.
The first three months are free. After three months, $1 fee per month for less than $5000. 0.25% for more than $5,000.
Since Trump became the U.S. president, the stock is going up. It is indeed very interesting time to do inverstment. I would like to share how this Stash and Acrons go for this year. I feel that this is better to be long term inverstment with medium amount of money.