Even beginners would be better served with a platform like Robinhood or Acorns.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Go ahead and start now, but be sure to bookmark this post so you might easily return later.
Well keep it updated as offers changes or expire.
When you purchase a gift card for an account holder, what you pay is what they get.
That is, if you buy a $100 gift card, there are no hidden fees.
Every cent goes to the gift card recipient, and you arent charged additional fees.
There is no minimum account balance requirement, nor is there a fee for account inactivity.
As is typical with niche services like this, even these options are limited.
However, Stockpile will not add any stocks under $3.
And while you might trade stocks, cryptocurrencies and ETFs with Stockpile, thats about where the train stops.
but had no easy way of doing so.
There is a gifting limit of $200 per household per 24-hour period.
As for how the gift card is used?
When purchasing the gift card, you have the option to email, text or print it.
you could also add an optional gift message.
The money used to purchase the gift card is not immediately invested.
Previously, Stockpile charged a credit or debit card fee for purchasing a gift card.
There is no longer a fee when you buy stock gift cards for someone.
It takes just minutes online or via the smartphone app.
Fractional Shares
A big pro of Stockpile is that it allows you to purchase fractional shares.
Fractional shares make trading more attainable for kids and teens working with allowances and birthday money.
Youll find it in the main navigation of the Stockpile website, labeledBeginners Guide.
you’re able to also get investment tips within the smartphone app.
The app is easy to use, and its tailored to its target audience of digital-native users.
For added security, you could enable two-factor authentication for your account.
Stockpile sunsetted the functionality of its website last year.
Stockpile Customer Service
A big drawback of Stockpile is its lack of customer service option.
For human support, you must rely on the Stockpile customer service email address:[email protected].
you’re free to also try reaching customer support viaFacebook,TwitterandLinkedIn.
Stockpile Security
What isnotinsured through SIPC, however, is unclaimed balances on gift cards.
For this reason, Stockpile users need to redeem gift cards as soon as they receive them.
Additionally, if you hold cryptocurrencies, know that theyre highly speculative.
It is possible to lose the entire value of your initial investment.
Even the educational content is targeted at rudimentary beginners.
Weve compiled answers to the most common questions our readers are asking; see if weve answered yours.
Stockpile also offers two-factor authentication on accounts.
Parents manage custodial accounts for their children via a separate login.
Stockpile does not charge trading fees or commissions.
Transfer-out fees to other brokerages are $75.
If you are invested through Stockpile in a stock that pays dividends, you will receive that dividend.
you’re able to purchase a Stockpile gift card at https://www.stockpile.com/gift/egift-card.
Youll just need a credit or debit card to fund the purchase.
There is no longer a credit debit card fee associated with this purchase.
Gift cards maintain their face value until the recipient actively redeems the money.
Is Stockpile Right for You?
We do not recommend Stockpile for adult investors, even at the beginner level.
Contributor Sean Cudahy contributed to this post.
Probably not as good as youd like.
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