Brandon Krieg from Stash Invest

Hey Chainers and welcome to another edition of Chain of Wealth. Today we have a special guest, Brandon Krieg from Stash Invest. Brandon is the CEO and co-founder of Stash Invest; an investing platform that has helped over 1.2 million people learn how to invest. Learning how to invest in yourself is one of the hardest things we have to learn how to do.

 

1. [1:02] question Tell us about your personal life.

• 2 kids- 3 year-old and 4 year-old
• Went to culinary school
• Loves the Rangers hockey team

 

1. [1:40] question Where did the idea for Stash Invest come from?

• Non-finance friends asked about investing
• People want to do but overwhelmed with fear and not understanding how

 

1. [3:27] question If you could go back in time and give the 18-year-old version of yourself one piece of advice what would it be and why?

• Saved more money
• Gone out less

 

1. [4:29] question Give us some insight into what you or your company does.

• Mobile app
• Can start with $5
• Customer gets a financial education
• Can save for retirement

 

1. [7:43] question If listeners want to get some help in investing their money, how much are fees to help get them started?

• No shenanigan fees
• $1/ month for accounts with less than $5,000
• Free to move money around or close an account

 

1. [8:59] question Is the money that is invested protected?

• Registered investment advisor
• Accounts opened in people’s names
• FDIC accounts
• All safeguards are in place

 

1. [9:59] question What is the best strategy to start investing?

• Don’t start with a lump sum
• Invest a little bit every week

 

1. [12:12] question For our listeners that don’t know, what exactly is a dividend?

• When a company makes a profit and distributes the profit to shareholders
• Mostly paid quarterly

 

1. [13:01] question What is the tax difference between getting a dividend or receiving interest?

• See your accountant

 

Value Link Round:

1. [14:08] question Why do people fail?

• In business: stop listening to customers
• In life: they stop listening

 

1. [15:13] question What books or other podcasts do you recommend to our listeners?

• Book- Lean Startup

 

1. [15:57] question What is the best advice someone ever gave you?

• Don’t be a shmuck, you’re wasting all your money

 

1. [16:38] question Is there any last piece of knowledge that you can share with our listeners when it comes to investing their money?

• Start investing
• You don’t need to be rich to invest

 

1. [17:21] question What is the best way to get in touch with you?

• Email: [email protected]
• Website: https://www.stashinvest.com/

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