Who Can Say No to Free?
I don’t remember when I joined STASH.
A year ago? Three?
I liked the concept of it.
Using a card that gives “cashback” but in the form of stock.
My goal was to build up my Amazon holdings because I think with the next upswing in the economy, it’s going to roll.
And I wanted to shore up my Wal Mart stock because even though it’s reached maturity, I still see an upside where the stock price is going to double over the next five years.
Plus Stash does something cool.
First, they give you stock when you sign up, so it’s like free money.
Sure, you have to hold onto it for a certain time period, but depending on what’s happening on Wall Street, that could go up, so it’s even more.
Second, they have a stock “party” every weekend and give you a fraction of a stock for just signing in.
That’s how I added a very tiny sliver of Blackrock to my portfolio, plus a few others.
It’s not much, except after a year, it starts to add up to something.
And when the market trends up, it’s even more.
I use the card for fixed expenses that are recurring, so everytime my Netflix Bill renews, I get 1.9% toward an Amazon stock.
Same for Kindle Unlimited, Amazon Prime and other bills that go out each month.
Because I look at it this way.
The bills have to get paid, so if I can pick up a little stock from it, why not?
Especially Amazon which is up 30% this year, and thought I think it’s flat over the summer price wise, I bet fall and winter are going to take a ride up.
If you use this link to sign up for Stash, they give you $20 in free stocks (and me too.)
So, if you can manage it, sign up, add some of your recurring bills to it, or use the card to buy gas or however you like AND get stock when you do.
Then join the stock parties on Wednesday for even more free stock added to your portfolio.
Ride the next cycle up and you just might be surprised at how much it adds up.
