How To Invest With Just $5 (Plus, Claim $5 in Free Stocks)

Home Investing How To Invest With Just $5 (Plus, Claim $5 in Free Stocks)

Want to get started investing but don’t know where to start? You don’t have to risk much in 2021. In fact, this one app that I am going to tell you about today has a minimum of $5 or less to get started.

This way you can set your savings on autopilot and invest 5 dollars to maximize your financial power, and bank a free $5 bonus on us (more on that later).

Do your coworkers or friends all talk about their investment portfolios? You’ve been meaning to get in the stock game, but how do you start if you don’t have a big wad of cash to invest?

We’ve got your answer. It’s called Acorns, and it’s an app that lets you start investing with just 5 dollars; without risking much.

How to Claim a Free $5 to Invest

invest 5 dollarsAcorns lets you invest with only $5. CNBC calls it “the new millennial investing strategy.” And here’s a bonus for our MMG friends: Get a free $5 in stocks when you make your first investment.

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.

Here’s how to get started investing with just 5 dollars:

  • Sign up to try it risk-free with a $5 sign up bonus.
  • Once you connect the app to a debit or credit card, it rounds up your purchases to the nearest dollar and funnels your digital change into an investment account.

What is Acorns?

Want to invest 5 dollars or less? Apps like Acorns help you set your investing and savings on autopilot and you can conveniently bank a $5 Acorns bonus on us through here!

How Does Acorns Work?

You can download Acorns for free.

With the app, you’ll start small and stack up change over time with the Acorns “round-up” feature. 

For example, if you spend $15.25 on your connected debit or credit card, 75 cents gets dropped into your Acorns account and investing.

Then the app does the whole investing thing for you. It’s that simple. Now you can brag to your friends, too.

The idea is you won’t miss the digital pocket change — you know, out of sight, out of mind.  And those automatic savings stack up faster than you’d think.

The app is free to download on the app store or google play, and the service costs $1 a month for balances under $1 million —  plus you’ll get that $5 bonus just for starting out. Or you can sign up with your student email and it’s free.

The sooner you start investing with 5 dollars, the sooner your money can start to grow toward your goals.

Get started with this Acorns bonus today and invest your 5 dollars now.

Get a $5 Bonus Right Now!

acorns logoget startedat Acorns

What Stock Should You Buy?

Do you have any of these stocks in your portfolio? Chances are that you probably do. If you aren’t sure what stock you should look into buying, here is the list of millennials top favorite stocks according to TD Ameritrade.

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1. Apple

Stock Ticker: AAPL

Percentage of Millennials’ stock portfolio: 12%

2. Facebook

Stock Ticker: FB

Percentage of Millennials’ stock portfolio: 2.1%

3. General Electric

Stock Ticker: GE

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link (must complete application). The value of the free share may be anywhere between $2.50 and $200 and fluctuates based on market movements. You’ve got nothing to lose.

Percentage of Millennials’ stock portfolio: 1.7%

4. Berkshire Hathaway

Stock Ticker: BRK-B

Percentage of Millennials’ stock portfolio: 1.7%

5. Bank Of America

Stock Ticker: BAC

Percentage of Millennials’ stock portfolio: 1.6%

6. Disney

Stock Ticker: DIS

Percentage of Millennials’ stock portfolio: 1.5%

7. Tesla

Stock Ticker: TSLA

Percentage of Millennials’ stock portfolio: 1.3%

8. Microsoft

Stock Ticker: MSFT

Percentage of Millennials’ stock portfolio: 1.3%

9. Alibaba

Stock Ticker: BABA

Want free money?

Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $150 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.

Percentage of Millennials’ stock portfolio: 1.2%

10. Exxon Mobile

Stock Ticker: XOM

Percentage of Millennials’ stock portfolio: 1.2%

The Bottom Line

With the internet being so easily accessible now it is no wonder that many people are turning to make money online by investing or to prepare for retirement.

If you are interested in learning more about stock marketing investing — I compiled a stock market guide on investing for beginners. Your money matters, so it’s important to make smart investments.

The Best Apps to Save You Real Money

We are on our phone a lot, right? Wouldn't it make sense to save money with the best money saving apps?

AppAt a glancedownload
capital one shoppingBestow
★★★★★
Leave your family $1M. Who doesn’t want to be a millionaire? While we don’t all have trust funds waiting for us, there is still a way to provide protection for your loved ones with up to $1 million in term life insurance. You could do this for as little as $8 a month by getting a free quote from Bestow.
GET ESTIMATE
aspirationAspiration
★★★★★
Get a $100 bonus at Aspiration when you open and fund an account with $10 or more. Then use your Aspiration debit card to make at least $1,000 worth of cumulative transactions within 60 days of account opening.
CLAIM $100 BONUS
robinhoodRobinhood
★★★★★
Open a new account in the next 24 hours and you could get up to $200 in free stock.
CLAIM FREE STOCK
Truebill reviewTruebill
★★★★★
This free app delivers on its promise to save you money effortlessly. You can use it to lower your bills, cancel unwanted subscriptions and bill negotiations.
SLASH YOUR BILLS

About the author

Brian Meiggs
Brian Meiggs
Brian Meiggs is a personal finance expert, and the founder of My Millennial Guide, a personal finance site helping you put more money in your pocket. He helps millennials follow the smart money in order to increase their earning potential and start building wealth for the the future. He regularly writes about side hustles, investing, and general personal finance topics aimed to help anyone earn more, pay off debt, and reach financial freedom. He has been quoted as a top personal finance blogger in major publications including Yahoo! Finance, NASDAQ, Discover, MSN Money and more.

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