Stash is making investing accessible to everyone. The platform and app was started in 2015 and since then has grown to more than 1.2 million accounts and over 2.5 million content subscribers.
Brandon Krieg is the CEO and co-founder of Stash. He explains that Stash is not only about investing, it is also a learning platform. Stash opens up conversations between friends and family about investing and what to be looking for. Krieg says he is really proud of his customers.
The minimum investment in Stash is only $5, opening the door for all types of investors. In fact, over 80% of Stash customers are first-time investors.
When it comes to crypto, Krieg says they are waiting and watching. Krieg wants to get a sense of what regulators do and say. That being said, Stash customers are asking to invest in crypto. Krieg reveals that Stash will likely roll out a product sometime later this year.
With the highest inflation in 40 years, some retailers say shoppers are reaching their limits. Efforts to charge more for items are being met with new resistance from customers, especially on lower-priced apparel and furniture. Marshal Cohen, the chief retail industry analyst at market researcher NPD Group, joined Cheddar's Opening Bell to discuss the latest trends in consumer spending and how the hike in interest rates might impact wallets moving forward. "What's really impacting the consumer: higher prices, less promotions." He also noted other headwinds for the economy on the horizon including skimpier tax refunds for those who took advantage of child credits and student loan repayments possibly restarting.
Christina Cacioppo, CEO and Co-Founder of Vanta, joins ChedHER to discuss the importance of a security team for startups, and gives advice to other female founders out there.
Catching you up on what you Need to Know on Mar 18, 2022, with updates on the war in Ukraine, President Biden’s meeting with Xi Jinping, Meta removing a deepfake video of Volodymyr Zelenskyy, Britney Griner, vaccine updates, and tech news.
Sandra Magallon, Midwest Divison Area Manager at JPMorgan Chase, joins ChedHER to discuss the perks of having a business mentor, and what business owners can learn from Chase's Curated Coaching for Entrepreneurs experience.