Unveiling the Mystery: A User-friendly Comparison of Investing with Public.com and Stash
Want to invest through online trading apps but don’t know which one to choose? Let’s look at Public.com and Stash, two popular choices each with their own unique perks.
Both apps offer free stock trades and let you buy parts of shares instead of having to buy a whole one. Where they differ is that Public.com lets you trade in cryptocurrencies, while Stash doesn’t. Public.com is also completely free, without any subscription or account management fees.
Stash, on the other hand, charges a subscription fee that ranges from $1 to $9 per month, depending on the plan you go for. Stash isn’t just for trading – it offers banking functionality too. You won’t find any social features on Stash though, which are something that Public.com provides.
You might like Public.com if you’re keen to connect with friends and learn from other users. Public.com even offers investment themes, which are basically categorized lists that help you find stocks and funds that interest you.
Stash is a one-stop-shop for personal finance needs and has been designed to make investing easy even for beginners. Stash offers more than just investing accounts, it also provides bank accounts, cash back, debit cards, and other products. They even have a offering called the Stock Back Rewards which gives you stock instead of cash when you spend money with brands listed on the platform.
In terms of ease of use, Public.com takes the cake for its user-friendly platform that supports main functions with an easy-to-navigate app. The driving idea behind Public.com is that investing should be accessible to all, not just the wealthy, hence requiring no minimum investment to open an account and no trading commissions on stocks and ETFs.
While both platforms are quite beginner-friendly, they cater to different types of investors. If you like discussing ideas and strategies with other investors, Public.com is for you. If you want a central place to manage all your finances and work towards achieving your financial goals, go for Stash. If you’re looking to avoid fees, then Public.com is a perfect choice. However, if retirement accounts and other perks are important to you, the Stash membership fee might justify itself.
Remember, investing always carries a risk, and it’s crucial to do your research before starting. Happy investing!