Have you ever wondered where the term “gold standard” came from?
We use it now to describe the best of something — like how The Penny Hoarder is the gold standard of personal finance websites. But it used to refer to the fact that gold was the official yardstick to measure the value of money.
And while the U.S. dollar hasn’t been backed by gold in half a century, it’s still a highly sought-after precious metal that people invest in. And you don’t need a giant safe or a high-security account in Switzerland to get in on the action.
In fact, with an investing app called Stash, you can join what’s normally exclusive to the richest of the rich for as little as $1 — investing in pieces of well-known companies like Amazon, Google and Apple, as well as ETFs made up of precious metals, including gold. They’ll even give you $5 to put toward one of these ETFs just for opening and funding your account.
The best part? If these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends.1
When you use this link to sign up, Stash will give you a $5 sign-up bonus to invest in the precious metal industry (or whichever investment you want) once you open a Personal Portfolio and deposit $5 into your account.2
It takes two minutes to sign up, and it’s totally secure. With Stash, investments are held by their custodian, Apex Clearing Corporation, a member of the Securities Investor Protection Corporation (SIPC) — that’s industry talk for, “Your money comes with protection.”3
1Not all stocks pay out dividends, and there is no guarantee that dividends will be paid each year. Dividends may be subject to additional taxes, and are considered taxable income. Please refer to the IRS for additional information.
2 Offer is subject to Terms and Conditions. To be eligible to participate in this Promotion and receive the Bonus, you must complete the following steps: (i) successfully complete the designated registration process of opening an individual taxable brokerage account (“a Personal Portfolio”), (ii) link a funding account (e.g. an external bank account) to your Personal Portfolio, AND (iii) initiate and complete a minimum deposit of at least five dollars ($5.00) into your Personal Portfolio. In the event you only complete the designated registration process to receive the Financial Counseling Service (as defined in your Advisory Agreement) or do not otherwise complete the account opening process for an individual taxable brokerage account (“Personal Portfolio”), you will not be eligible to receive the Bonus.
3To note, SIPC coverage does not insure against the potential loss of market value. Apex Clearing Corporation is a third-party SEC-registered broker-dealer and member FINRA/SIPC.
For Securities priced over $1,000, purchase of fractional shares starts at $0.05.
The Penny Hoarder is a Paid solicitor of Stash.
This information is for educational purposes only. This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers. All investments are subject to risk and may lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.