What’s the difference between risk level and risk tolerance?
Risk level is determined by a combination of factors.
Risk tolerance is how much risk you feel you can take. Are you ready to risk bigger losses for the potential of bigger rewards? Then you can tolerate a lot of risk. (Risk tolerance: High.) If you want to play it safe and have potentially smaller returns to guard against loss, you can tolerate less risk. (Risk tolerance: Low.)
Your risk level is set by Stash based on a number of factors. You call fall into Conservative, Moderate, or Aggressive. Choosing your risk tolerance helps determine your risk level, but we also must take into account your financial situation, age, and a variety of other factors.
Q. How do I buy?
In the app, click on the ‘Invest’ tab. From here you can select the invest you’d like to buy. Click on the investment. Once you’ve selected the ‘card’ for the investment you can read a bit more about it, check out its past performance, and decide if you’d like to buy. To buy, simply click…
Q. What is Smart-Save?
Smart-Save analyzes how and when you spend your money and transfers money from your checking account to your Stash Cash when you have cash to spare. Once the money settles in your Stash Cash, you can invest it, withdraw it, or save it for a rainy day. We’ll never initiate a transfer when your balance…
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