Review of Stash Invest App

In Investment Tip #4, I laid out the investment management industry. Stash Invest was one of the new investment management companies that I mentioned because of its convenience, low fees, and low minimums — it provides everyone with the opportunity to invest

I’ve been using the Stash app for about 3 months now.


  1. App is easy to use
  2. Projected value calculation based on investment amount and expected returns
  3. Get $5 for every friend that you invite
  4. Several portfolios to choose from — I closed my Acorns account to use Stash Invest because of the portfolio options. I’m currently invested in a tech fund and Berkshire Hathaway B Shares (that is, Warren Buffett’s company)
  5. Can setup recurring auto-debit across different portfolio.


  1. My credit union can’t be linked

Update 07/23/16

1. Hillary Clinton elected her VP,  Tim Kaine, who is the former Governor of Virginia. By industry, Kaine received a significant portion of his donations from the financial services industry.

2. The RNC was filled with a series of surprising events, including  Melaina’s plagiaristic speech to Ted Cruz “Vote your conscience” message.

3. The stock market finished 55bps up (that means 0.55% increase) this week.

Investment Tip 5: Understanding Mutual Funds

In earlier Investment Tips, I provided an overview of stocks and bonds. If you have a basic understanding of stocks and bonds, then learning about mutual funds should be fairly easy. A mutual fund is a pool of stocks or bonds. An equity mutual fund, which is also called an equity fund or mutual fund (which is a bit misleading) is a pool of stocks. A bond mutual fund, or bond fund, is a pool of bonds.

Mutual funds allow investors the opportunity to invest a variety of stocks that normally would only be  available to the wealthy. Additionally, owning a mutual fund allows diversification of a bunch of stocks (or bonds) without having to purchase (and sell) each of those assets individually.

For example, the T. Rowe Price Growth Stock Fund (PRGFX) is growth equity mutual fund focused on growing companies that pay dividends. For PRGFX, the following stocks make up 40% of the equity mutual fund:

  • Alphabet (owned by Google)
  • (AMZN)
  • Apple (AAPL)
  • Bristol-Myers Squibb (BMY)
  • Danaher (DHR)
  • Facebook (FB)
  • MasterCard (MA)
  • Microsoft (MSFT)
  • Priceline (PCLN)
  • Visa (V)

Rather than buying each of these stocks individually, you can invest in a mutual fund for a themed investment approach that is more affordable to all investors. In the case of PRGFX, the theme is growth stocks, most of which are technology companies.

Gun Blazing Week

Apparently, I missed the memo about Gun Blazing Week. I have conflicted feelings about the retaliation event in Dallas. On the one hand, it is wrong to kill innocent people. Two wrongs also don’t make it right — I see the retaliation as equally as bad as the police brutality/homicides that we’ve all witnessed online over the last 2 years. On the other hand, never have we seen change occur without violence; believing that people will have a shift in their values feels too idealistic to me. Am I the only person grappling with gun violence in this way?