Stash aims to make investing more approachable

We've seen a number of investment apps pop up with the goal of making the process less of a headache. The latest in this category is an app called Stash, which takes an interesting approach to investment by measuring your interests and willingness to take a risk before offering up suggested investment packages. Perhaps even more interesting is that you can start investing with as little as $5. Here's a breakdown of what you can expect from Stash:

  • Minimum investment is $5, thanks to fractional shares, so it's not expensive or scary to start
  • Choose from 30 investments, so you know where your money is going
  • Investments are mostly ETFs created and managed by professionals like Vanguard and Blackrock
  • Investments are tied to your beliefs, interests and goals, so they are relatable and easy to understand
  • Stash provides recommendations, guidance and support
  • If you opt in to social, you can see what investments your friends own, to share ideas (but not dollar amounts)
  • Stash doesn't charge commissions. Our fees are $1 per month for accounts with less than $5,000, and 0.25% per year for accounts above $5,000
  • Stash operates with bank-grade level security

For investing novices, Stash also includes a glossary of terms you may not be familiar with as you're poking about, which could come in handy. If you're interested in checking out Stash, you can grab the app for free from the App Store now.