11. Hideout: Spend $ 1 to own a piece of Amazon, Google, or other companies
Take a look at the Forbes Richest People list and you will find that almost all billionaires have one thing in common: They own another business.
But when you are making a living and not just randomly laying around millions of dollars, it can sound completely out of reach.
But with an app called Hideit doesn’t have to be. That way, you can be part of something that is normally only reserved for the richest of the rich. You can purchase pieces from other companies on Stash for as little as $ 1.
That’s right – you can invest in well-known companies like Amazon, Google, Apple, and others1 for as little as $ 1 through a personal portfolio2. The best part? If these companies benefit, so can you. Some companies even send you a quarterly check for your share of profits called the dividend.3
And for investors who want more time or just don’t know where to start, Stash can create and manage a personalized portfolio for you. It’s called Smart Portfolio4thand it aims to diversify your investments based on your risk profile and then automatically update your investments to keep you informed.
It takes two minutes to registrationand your investments are protected. At Stash, assets are held by their custodian, Apex Clearing Corporation, which is a SEC-registered third-party broker-dealer and a member of the Securities Investor Protection Corporation (SIPC). “5
If you use the link above, Stash will give you a $ 5 sign up bonus once you’ve deposited $ 5 into your account.6th
1This material is not intended as investment advice and is not intended to suggest that any securities are suitable for any particular investor. Investment advice is only offered to stash clients. All investments are subject to risk and can lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective owners. Their use does not imply any affiliation with or endorsement by them.
2This type of account is a non-discretionary managed account. This includes a self-directed individual taxable brokerage account where Stash does not manage that account at its own discretion.
3Not all stocks pay dividends, and there is no guarantee that dividends will be paid every year.
4thThis type of account is a discretionary managed account. This is a taxable brokerage account that Stash can fully manage according to a specific investment mandate. Diversification and asset allocation neither guarantee profit nor eliminate the risk of capital loss.
5It should be noted that the SIPC cover does not insure against the possible loss of market value.
For securities priced above $ 1,000, fractional purchases start at $ 0.05.
6thThe offer is subject to the promotion Terms and Conditions. To take part in this promotion and receive the bonus, you must successfully open an individual brokerage account, link a finance account to your investment account AND deposit USD 5.00 into your investment account.
The Penny Hoarder is a paid marketing partner of Stash.
This information is for educational purposes only. Investment advice is only offered to stash clients. All investments are subject to risk and can lose value
This article originally appeared on www.thepennyhoarder.com