We get it, investing can be intimidating. Given the amount of time and commitment required to make the best possible investing decisions, we often just end up relying on our families, friends or co-workers for financial advice.
But we’re here to tell you why that’s a bad idea.
Any of your personal financial decisions have to be just that- PERSONAL, individual, made-to-measure for you and your future life goals.
You might want to begin by asking? ‘What are my needs?’ and believe us if one of them includes leading a financially independent and secure life, then you must begin investing, keeping your short-term and long-term needs in mind.
Investing not only helps in yielding better results if they are customised according to your goals, it also has the added advantage of helping you quantify those goals and sustainably turn them into reality.
Investing is not rocket science nor is it a luxury, it’s a basic financial skill that everyone should have access to. And Stack aims to level the playing field for EVERYONE.
Meet Stacks - designed keeping your goals in mind
While most of us might wish to invest, studies suggest only 3.7% of India actually invests in equities, as most rely on traditional securities such as property, gold, bank deposits and insurance or pension funds instead. Stacks are investing, simplified.
At Stack, we believe that goal centric investing is truly the smartest way you invest in your own future. We developed Stacks as a way to achieve this.
With a mission to make investing easy, user-oriented and accessible to all, Stacks are pre-built portfolios that track different segments of the economy, and cater to you and your individual investing needs by diversifying your savings, so you avoid putting all your eggs in one basket .
Designed by experts, Stacks helps you strategically save for your life goals, and leave all the mental heavy lifting to us!
So what are Stacks?
Stacks help you get better control over your money.
Whether it's your dream destination wedding five years down the line or the new phone you’ve been itching to get your hands on, build a Stack customised to everything- from what your target amount is, to how long you’d like to invest and even how much risk and market uncertainty you can handle.
Stacks help you save 2-3X times better than alternative saving strategies because it invests across the entire stock market, minimizing risks and maximizing returns.
And what’s even better? We charge no additional fee from users to help facilitate this!
But if you like to always be safe, your money in Stacks is like money in your pocket, you can choose to redeem them whenever you’d like and find them credited in your account from as soon as 30 mins to a max 2 days, depending on your Stack.
How do Stacks help you save better?
With Stacks, our mission was to make savings a seamless experience, Stacks minimise the effort required to track and stay on top of all your different investments, instead, it lets your savings and investing strategies run on auto-pilot.
Hate keeping track of all the payments though? Turn investing from boring to fun with our lifestyle rules that are designed to help you save based on your goals, expectations and convenience.
You can opt to make automated periodic savings to your Stacks with ‘Set and Forget', or save every time you spend with ‘RoundUp’ - which collects all your spare chillar from the expenses you make and automatically adds it to your Stack.
Creating your first Stack
Great! Now that we’ve convinced you on the merits of using Stacks for your savings and investments, go ahead and create your own!
1. First enter your digits!
2. ‘+’ always means good things, this is your sign to create your first Stack!
3. Choose what your investment objective is- Short term, Long term or investing together with your loved ones.
4. You may choose from existing goals or create your own Stack based on your goal- it can be saving for a friend’s birthday gift, an upcoming trip or vacation, a post-graduation fund- you name it!
5. Keep your eye on the prize and set a target amount and date.
6. You’d look like a fool without a rule, so set one like ‘Set and Forget’ to automate your Stacks
7. Simply, choose an amount you’d like to save and the monthly date you’d like it to deduct!
Anddddd…. Hurrray! You have successfully set up your first Stack💥!
Have some extra money to go around this month? Put the metal to the pedal on your Stacks instead and boost it to reach your goal faster!
Stack’s Boost feature allows you to make special one-time payments whenever you have the spare of course or add a lump-sum amount to your Stack.
Hope you enjoy this smarter new way to invest! Happy Stacking!