That’s a Yotta cash: The risk-free, lottery-based savings account

Saving cash is an important part of your financial planning. While “cash is trash” and similar headlines are spreading, having cash set aside is important for an emergency or making a big purchase soon. The reason why “cash is trash” has been going around is for two reasons: (1) interest rates on borrowing money is near record lows, and (2) the return on investing in … Continue reading That’s a Yotta cash: The risk-free, lottery-based savings account

Investing 105 – It’s automatic, it’s systematic, it’s hydromatic: Investing with apps – Stash

Stash – Budget, Invest, and Plan Stash is a more user-friendly app and focuses on educating investors on how to best pick investments and balance a portfolio along with other financial advice. The app is not as straight forward as Robinhood where you click and buy; however, Stash offers DRIP and automated investing. The cost of Stash varies based on what you are using it … Continue reading Investing 105 – It’s automatic, it’s systematic, it’s hydromatic: Investing with apps – Stash

Investing 104 – Don’t worry, be happy: Investing with apps – Acorns

Acorns – Set it and forget about it! Grow your financial “Oak Tree” slow and steady over time. Acorns follows the KISS – Keep It Simple Stupid – method of investing. Where Robinhood (see previous post) gave flexibility, Acorns helps you determine a portfolio that is the right mix of risk and return for you and that’s it. Further, Ascorn is all about small recurring … Continue reading Investing 104 – Don’t worry, be happy: Investing with apps – Acorns