Stash: Investing with $5

(Updated 2/15/20 This idea is for U.S. citizens, but your area may have apps similar to this)

So, you did a few surveys and got a $5 payout, Now what? If you were to walk into a brokerage firm with a $5 bill you would get laughed out of the building. Most investing takes a substantial chunk of change to get started in, but with Stash you can start a micro portfolio and get into investing on a small scale that could lead to a bigger payout.

Normally when purchasing stocks you pay and receive the ownership of an entire share. With stash you are buying into a percentage of their shares, meaning you can afford to purchase a smaller piece of something like Amazon or Apple. You can choose to invest in stocks, bonds, ETFs - just like someone who has that extra $10,000 dollars just sitting in the bank, but with amount of money the average person can easily invest.

They have a few options for monthly investing:

$1 / month gets you in the door and gives you a feel for what Stash can do

$3 / month gets you into a retirement savings plan with extra tax benefits

$9 / month gets you an actual metal debit card, more investment opportunities, and even accounts for up to 2 kids

Investing can be a lucrative way to make money, but it can also be a disaster - so make sure you only take a financial risk you can easily afford to recover from. Something like this could net you a fair bit of money over a few years with almost zero work. So what are you waiting for, do a few more surveys and go with the $9 option so you get that sweet metal debit card!