How is investing different from putting money in a savings account?
Saving and investing are similar—both deal with money that isn’t allocated for everyday expenses, and both are critical to your future financial success. A savings account is offered by a bank and earns an interest rate set by that institution. In contrast, investing specifically refers to buying and selling securities like stocks and bonds. There is more risk with investing than with saving, but the potential for growth is often higher.
Want to learn more about the differences between saving and investing? See here.
Related questions View all Getting Started
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Q. What are the fees for this account?
Nothing in addition to your monthly subscription fee! If you’re a Stash Growth or Stash+ customer, you automatically have access to Smart Portfolio and there are no additional fees for having one. DISCLOSURES A “Smart Portfolio” is a Discretionary Managed account whereby Stash has full authority to manage.…
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Q. How is this Smart Portfolio recommended for me?
The Smart Portfolio mix is selected to be best-suited to your risk profile. Staying invested is really important, and we know that you are more likely to stay the course if your portfolio offers you a comfortable balance of growth and volatility (or the most comfortable balance of reward versus risk over the long term).…
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Q. Am I allowed to withdraw and deposit funds?
Absolutely! We encourage you to deposit funds on a regular basis, so that you can build a strong portfolio. In fact, that philosophy is a pillar of The Stash Way®. You can also withdraw whenever you want.…
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