How come I own less than one share of an investment on Stash?
In the past, investors typically had to buy an entire share of a stock or exchange-traded fund (ETF). If the price of one share was $100, that was the smallest amount an individual investor could buy.
In the modern stock market, companies like Stash can buy one share and split it into parts (or fractional shares) for clients. That means you can put in $5 and own a little bit of a share instead of paying hundreds (or thousands) of dollars for the whole thing.
If you buy $5 of an ETF or single stock that costs $100 per share, Stash combines everyone’s purchases, buys that number of full shares, and distributes your portion of the share back. You own it!
It also means that while you own some of a share, you may not own an entire share (yet).
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Q. Can I sell a portion of my investment?
Yes, you can sell part of an investment. However, if you are looking to sell just a portion of a specific investment, we require you to keep at least 10% and/or at least $5 of that investment at the time…51
Q. Can I use Stash for day trading?
Stash is for building a smart, diversified portfolio and helping people invest for the long term — not day-trading. We only have two trading windows per day and do not believe in intra-day day-trading unless you are a professional.19
Q. What does ETF stand for?
ETF stands for Exchange-Traded fund. Exchange-Traded means you can buy and sell ETFs on public stock exchanges like the Nasdaq or the New York Stock Exchange. In this context, a fund is a bundle of assets (usually stocks,…20
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