<p><img src="https://static4.businessinsider.com/image/5f3beb85650894001d07214d-1667/Stash Investment App review 4x3.png" border="0" alt="Stash Investment App review 4x3" data-mce-source="Stash; Alyssa Powell/Business Insider"></p><p></p><bi-shortcode id="disclaimer" class="mceNonEditable" data-type="pfi"> </bi-shortcode><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><ul class="summary-list"><li>Stash, a micro-investing app, is best for investing beginners who want automatic investing options with the freedom to choose their own investments.</li><li>With fractional share investing, Stash subscribers can invest in thousands of stocks and funds at any dollar amount.</li><li>Stash's monthly fees start at $1, which may be significantly higher than fees charged by other investment apps and robo-advisers if your account balance is small.</li><li><a href="https://stash.zytd7d.net/c/196318/687098/4799'subId1=stash-invest-review" target="_blank" rel="nofollow nofollow noopener sponsored sponsored">Click here to open an account with Stash Invest </a></li></ul><bi-shortcode id="table-of-contents-sticky" class="mceNonEditable" data-type="h2">Table of Contents: Masthead Sticky</bi-shortcode><h2>Is Stash right for you'</h2><p>Stash is best for beginner investors who want help investing more each month. It is not, however, the cheapest <a href="https://www.businessinsider.com/personal-finance/what-are-the-best-investment-apps" target="_blank" rel="noopener">investment app</a> on the market.</p><p>Investment options don't do you any good if you aren't able to find money in your budget each month to invest. Stash offers tools like Set Schedule, Round Ups, and Smart-Stash to help find extra cash and invest it.</p><p>Stash's main competitor is <a href="https://www.businessinsider.com/personal-finance/acorns-invest-review-pricing-account-setup-how-to-use" target="_blank" rel="noopener">Acorns</a>, which also offers round-ups, recurring investments, and fractional share investing. If you're looking to do your banking and investing with the same company, Stash is the cheaper of the two. It includes banking in its $1-per-month plan, while you must be an Acorns Personal customer ($3 per month) to open an Acorns Spend checking account.</p><p>If you're only looking to invest (and do your banking elsewhere), Stash has the slight edge because it offers more flexibility. Stash account holders can invest in hundreds of individual stocks and <a href="https://www.businessinsider.com/personal-finance/what-is-an-etf-exchange-traded-fund" target="_blank" rel="noopener">ETFs</a>. With Acorns, your investment choices are limited to five ETF portfolios.</p><p>If you're looking to open a custodial account for your kids, Acorns will be the more affordable choice. Custodial accounts are included in the Acorns Family plan, which costs $5 per month. Stash, meanwhile, restricts custodial account access to subscribers on its $9-per-month month Stash+ plan.</p><p>Some people may have the discipline to put aside money each month for investing, but would like help with deciding <em>how</em> to invest those funds. If this is you, you may benefit more from an automated adviser like <a href="https://www.businessinsider.com/personal-finance/betterment-wealthfront-robo-advisor-comparison" target="_blank" rel="noopener">Betterment or Wealthfront</a>. While they can't match Stash's automatic savings tools, they offer actual wealth management services, including features like <a href="https://www.businessinsider.com/personal-finance/robo-adviser-investing-during-market-downturn-volatility">automatic rebalancing</a> and tax-loss harvesting.</p><p>Finally, if fractional share investing is your main goal, it's important to point out that you can do that for free with several <a href="https://www.businessinsider.com/personal-finance/best-online-brokerage" target="_blank" rel="noopener">online brokerages</a>, including <a href="https://www.businessinsider.com/personal-finance/robinhood-investing-review" target="_blank" rel="noopener">Robinhood</a>, <a href="https://www.businessinsider.com/personal-finance/charles-schwab-brokerage-account-review">Charles Schwab</a>, and <a href="https://www.businessinsider.com/personal-finance/td-ameritrade-brokerage-review" target="_blank" rel="noopener">TD Ameritrade</a>. And each of these brokers offer robust trading platforms that are more conducive for active traders.</p><p><strong>Bottom line: Stash could be a great choice for beginners who want help investing more each month and want more control over their investment choices than robo-advisers offer. But Stash may not be the right platform for investors who want the lowest management fees or who plan to be active traders.</strong></p><table style="height: 130px; width: 100%; border-collapse: collapse;" border="1" cellpadding="10px"><tbody><tr style="height: 46px;"><td style="width: 34.1146%; height: 46px;" colspan="2"><a href="https://stash.zytd7d.net/c/196318/687098/4799'subId1=stash-invest-review" target="_blank" rel="nofollow noopener sponsored"><img src="https://static2.businessinsider.com/image/5f3af54a650894001d071fe7-2400/stash-logo-high-quiality-3.png" border="0" alt="stash logo high quiality 3" data-mce-source="Stash"></a></td></tr><tr style="height: 21px;"><td style="width: 34.1146%; height: 21px;"><strong>Editor's rating</strong></td><td style="width: 69.1083%; height: 21px; text-align: center;">4 out of 5</td></tr><tr style="height: 21px;"><td style="width: 34.1146%; height: 21px;"><strong>Fees</strong></td><td style="width: 69.1083%; height: 21px; text-align: center;">$1 to $9 per month</td></tr><tr style="height: 21px;"><td style="width: 34.1146%; height: 21px;"><strong>Account minimum</strong></td><td style="width: 69.1083%; height: 21px; text-align: center;">$0</td></tr><tr style="height: 21px;"><td style="width: 34.1146%; height: 21px;"><strong>Promotion</strong></td><td style="width: 69.1083%; height: 21px; text-align: center;">None at this time</td></tr></tbody></table><table style="border-collapse: collapse; width: 100%;" border="1"><tbody><tr><td style="width: 100%; text-align: center;"><a href="https://stash.zytd7d.net/c/196318/687098/4799'subId1=stash-invest-review" target="_blank" rel="noopener nofollow sponsored nofollow sponsored"><strong>Open an Account</strong></a></td></tr></tbody></table><h2>Stash pros and cons</h2><h3>Pros</h3><ul><li>Helpful automatic saving and investing tools</li><li>Fractional share investing starting at 1 cent</li><li>Portfolio suggestions built to match your risk level</li><li>No trade fees or commissions</li></ul><h3>Cons</h3><ul><li>Flat monthly fee is on the high side, especially for smaller accounts</li><li>No wealth management services</li></ul><h2>How does Stash compare to other investment platforms'</h2><table style="border-collapse: collapse; width: 100%; height: 369px;" border="1"><tbody><tr style="height: 21px;"><td style="width: 33.3333%; text-align: center; height: 21px;"><a href="https://stash.zytd7d.net/c/196318/687098/4799'subId1=stash-invest-review" target="_blank" rel="nofollow noopener sponsored"><img src="https://static6.businessinsider.com/image/5f3adf1d650894001d071f42-240/stah-logo.png" border="0" alt="stash logo" data-mce-source="Stash"></a></td><td style="width: 33.3333%; text-align: center; height: 21px;"><strong><img src="https://static5.businessinsider.com/image/5f3adf57650894001d071f43-310/acorns-logo.png" border="0" alt="acorns logo" data-mce-source="Acorns"></strong></td><td style="width: 33.3333%; text-align: center; height: 21px;"><img src="https://static1.businessinsider.com/image/5f3adfb6a3eafa001de068f5-318/robinhood-logo.png" border="0" alt="robinhood logo" data-mce-source="Robinhood"></td></tr><tr style="height: 88px;"><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Editor's Rating</strong></p><p>4 out of 5</p></td><td style="width: 33.3333%; height: 88px;"><p style="text-align: center;"><strong>Editor's Rating</strong></p><p style="text-align: center;">4.2 out of 5</p></td><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Editor's Rating</strong></p><p>4.5 out of 5</p></td></tr><tr style="height: 88px;"><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Account Minimum</strong></p><p>$0</p></td><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Account Minimum</strong></p><p>$0</p></td><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Account Minimum</strong></p><p>$0</p></td></tr><tr style="height: 88px;"><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Management Fees</strong></p><p>$1 to $9/month</p></td><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Management Fees</strong></p><p>$1 to $5/month</p></td><td style="width: 33.3333%; text-align: center; height: 88px;"><p><strong>Management Fees</strong></p><p>$0</p></td></tr><tr style="height: 21px;"><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Trade Fees</strong></p><p>None</p></td><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Trade Fees</strong></p><p>None</p></td><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Trade Fees</strong></p><p>None</p></td></tr><tr style="height: 21px;"><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Fractional Shares</strong></p><p>Yes</p></td><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Fractional Shares</strong></p><p>Yes</p></td><td style="width: 33.3333%; height: 21px; text-align: center;"><p><strong>Fractional Shares</strong></p><p>Yes</p></td></tr><tr><td style="width: 33.3333%; text-align: center;"><p><strong><a href="https://stash.zytd7d.net/c/196318/687098/4799'subId1=stash-invest-review" target="_blank" rel="noopener nofollow sponsored nofollow sponsored">Open an Account</a></strong></p></td><td style="width: 33.3333%; text-align: center;"><p><strong><a href="https://acorns.sjv.io/c/196318/481458/5136" target="_blank" rel="noopener nofollow sponsored">Open an Account</a></strong></p></td><td style="width: 33.3333%; text-align: center;"><p><a href="https://robinhood.c3me6x.net/c/196318/748415/10402'subId1=stash-invest" target="_blank" rel="nofollow noopener sponsored"><strong>Open an Account</strong></a></p></td></tr></tbody></table><h2>Ways to invest with Stash</h2><p>Stash is a micro-investing platform that offers a wide variety of individual stock and ETF investment choices. Fractional share investing, starting at 1 cent, is available for each of the investments on Stash's platform. </p><p>Stash offers "themed" ETFs, with names like "Blue Chips" and "Delicious Dividends," that make it easy to understand what types of securities are bundled in the fund. Finally, Stash offers "Portfolio Builder" ETF portfolios, which are built to match each investor's specific risk level.</p><p>The platform also allows you to automatically reinvest any dividends you earn. You can use this feature for any of your Stash investing, retirement, or custodial accounts. </p><h3>Fractional shares</h3><p>Individual share prices of some stocks can be very expensive. For example, at the time of this writing, one share of Apple stock would cost you over $100. And you'd need over $3,200 to buy one share of Amazon.</p><p>But with Stash, you can buy little pieces of these companies, called fractional shares, at any dollar amount. <a href="https://www.businessinsider.com/explainer-what-is-fractional-stock-trading-and-who-offers-it-2020-8">Fractional share investing</a> is a great option for investors who don't have loads of money to invest but still want to own top stocks and ETFs.</p><p><img src="https://static1.businessinsider.com/image/601ab1a1ee136f00183a9fe1-2046/StashAAPL.png" border="0" alt="Stash AAPL stock" data-mce-source="Stash"></p><p>While $1 is the minimum fee required to open an account with Stash, you can invest in even smaller increments once your account is up and running. For investments that cost less than $1,000 per share you can invest as little as 1 cent, while 5 cents is the minimum for investments trading above $1,000.</p><p><a href="https://www.businessinsider.com/personal-finance/charles-schwab-brokerage-account-review">Charles Schwab</a>, Robinhood, and <a href="https://www.businessinsider.com/personal-finance/acorns-invest-review-pricing-account-setup-how-to-use">Acorns</a> also offer fractional share investing.</p><h3>Automatic investing tools</h3><p>Being able to start investing with as little as $1 is great. But you still need to find a way to carve out space in your <a href="https://www.businessinsider.com/sc/how-to-create-a-budget-2019-7">budget</a> to save that $1, $50, or however much you hope to invest per month. Thankfully, Stash can help with that too.</p><p>All Stash subscribers are given access to a suite of automatic saving and investing tools called Auto-Stash. Here's what Auto-Stash includes:</p><ul><li><strong>Set Schedule</strong>: Save and invest automatically according to a recurring schedule</li><li><strong>Round-Ups</strong>: Link a debit card to save and invest your spare change from each transaction</li><li><strong>Smart-Stash</strong>: Let Stash analyze your spending habits and transfer "extra" money automatically</li></ul><p>Each of these tools is designed to help you save more each day and month. You can choose to move these funds to your cash balance until you're ready to invest them. Or you can choose to immediately invest your savings in an investment you already own in your portfolio.</p><h3>Portfolio Builder</h3><p>Stash's Portfolio Builder is similar to a robo-adviser, offering investors a predetermined diversified portfolio that matches your risk profile, but it does not actively manage these portfolios as a robo-adviser would.</p><p>To start with Portfolio Builder, Stash will ask you to identify your risk tolerance. You'll be given three options: Conservative, Moderate, or Aggressive. Regardless of your risk level, your money will be invested in the following six <a href="https://www.businessinsider.com/personal-finance/what-is-an-etf-exchange-traded-fund">ETFs</a>:</p><ul><li>Match the Market (IVV)</li><li>Happy Medium (IJH)</li><li>Up and Coming (VWO)</li><li>Small but Mighty (VB)</li><li>Foreign Heavyweights (IEFA)</li><li>Broad USD Bonds (IUSB)</li></ul><p>Your risk level will determine how your money is allocated to these funds. If you're an aggressive investor, you may have greater exposure to the Up and Coming ETF and limited exposure to the Broad USD Bonds ETF. And the opposite may be true for those with a conservative investment profile.</p><p>Using Portfolio Builder is also a great way to limit your investment expenses. The average expense ratio on the six funds listed above is 0.06%. </p><h3>Retirement and custodial accounts</h3><p>Stash offers both <a href="https://www.businessinsider.com/personal-finance/traditional-vs-roth-ira-which-is-better">Traditional and Roth IRA accounts</a>, and you can use Stash to open custodial investment accounts for kids. </p><p>Unlike <a href="https://www.businessinsider.com/how-to-use-a-529-college-savings-plan-2014-4">529 plans</a>, custodial accounts don't have to be used towards education expenses. And you can contribute up to $15,000 per year ($30,000 per year for a married couple) to your child's account without having to pay any gift tax. Note that custodial accounts can affect a student's financial-aid eligibility.</p><p>You'll need to be at least a Stash Growth subscriber to open a retirement account, while custodial accounts are only available to Stash+ subscribers.</p><h2>How much does it cost to invest with Stash'</h2><p>Stash offers three plans (Beginner, Growth, and Stash+), which each charge a flat monthly rate. Beginner subscribers pay $1 per month. The Growth plan is three times more expensive at $3 per month. And the cost triples again with Stash+ to $9 per month.</p><p>The only major difference between these plans is that you need to be at least a Growth subscriber to open a retirement account. And only Stash+ subscribers can access custodial accounts. Stash+ subscribers also get a metal debit card with 2x Stock-Back rewards, but this would only benefit those who also bank with Stash.</p><p>Stash's flat-fee pricing model means that investors with smaller accounts will pay more as a percentage of total invested assets. For example, at $1 per month, Beginner subscribers pay $12 per year. On a $500 account, that would represent a whopping 2.4% advisory fee. </p><p>By comparison, many <a href="https://www.businessinsider.com/best-robo-advisors">robo-advisers</a> start their annual advisory fees at around 0.25%. And, of course, you could avoid advisory fees altogether by opening an account with a <a href="https://www.businessinsider.com/personal-finance/best-online-brokerage">discount broker</a> and buying your stocks, ETFs, or mutual funds on your own. </p><p>However, Stash's flat pricing model becomes more attractive as account size grows. With $10,000 invested, for example, the advisory fee for Beginner subscribers drops to 0.12%.</p><h2>How to open an investing account with Stash</h2><p>Opening an account with Stash is quick and simple. You can start the process on the Stash website or by downloading the mobile app from the <a href="https://play.google.com/store/apps/details'id=com.stash.stashinvest&hl=en_US" target="_blank" rel="noopener">Google Play Store</a> or <a href="https://apps.apple.com/us/developer/stash-financial-inc/id1017147934" target="_blank" rel="noopener">Apple App Store</a>.</p><p>For starters, Stash will ask you to provide an email address and password.</p><p>Later, it will ask for your mobile number so that it can send a code to your phone to verify your identity. You'll also need to provide your mailing address and Social Security number.</p><p>During the application process, Stash will also ask you a few questions about your current investing goals and risk tolerance.</p><p><img src="https://static3.businessinsider.com/image/5f3ac593ea6ce0002839ac77-1471/stash-invest-risk.png" border="0" alt="stash invest risk" data-mce-source="Stash"></p><p>You'll also need to tell Stash how soon you plan to use your invested funds. You'll have three choices:</p><ul><li>Very soon (within one year)</li><li>In a few years (two to five years)</li><li>Not for awhile (five-plus years)</li></ul><p>Your answers to these types of questions will help Stash decide which types of investments to recommend. You'll also need to select a subscription plan and payment type. You can pay for your subscription with a card, but you'll need to link a <a href="https://www.businessinsider.com/personal-finance/best-high-yield-savings-accounts-rates-right-now">bank account</a> to make transfers for investing.</p><bi-shortcode id="related-content-module" class="mceNonEditable" data-type="more-personal-finance-coverage" data-sheetname="More Personal Finance Coverage">Related Content Module: More Personal Finance Coverage</bi-shortcode><p><a href="https://www.businessinsider.com/personal-finance/stash-invest-review#comments">Join the conversation about this story »</a></p>
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