More

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

    Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase or sign up through my links, at no cost to you. Please read our disclaimer for more info.

    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.

    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.

    make 30 fast

    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

    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

    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.

    Our Pick
    Chime Banking
    5.0
    • Experience fee-free overdraft up to $200* when you set up direct deposit with SpotMe.
    • Let Chime spot you when you need that little extra cushion to cover an expense.
    • Join the millions and make the switch today!
    SIGN UP FREE
    *SpotMe eligibility requirements apply. Overdraft only applies to debit card purchases and cash withdrawals. Limits start at $20 and may be increased up to $200 by Chime.

    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 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.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    On a similar note...

    Explore More On