Cash App blog #1. I just found out that Cash App allows you to purchase stocks. I already have 3 brokerage accounts (Wells Fargo, Stash, and Charles Schwab) however Cash App has a great selection of Electronic Traded Funds and allows you to buy them in super small increments. So I can put $1 into a total market ETF, for example. Most brokerages don’t allow you to buy products in smaller amounts. This will allow me to spend $5 on stocks if I decide to skip McDonald’s, for example. Let’s take a look.
I have $14 in total invested. I have total S&P 500 ETF, a total NASDAQ ETF, Lemonade (insurance agency that just became public), and of course Walmart. I go always go to Walmart, may as well get some of their profits via dividends. You will be surprised how fast money grows! Until the next update.
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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