Could 2020 Be the Year of Legal Marijuana?

Invest, spend, and earn 2.05% APY*–all through your brokerage account.

Our goal at Robinhood is to democratize finance. This means delivering products that help you do more with your money and improve your life. Today, we're excited to introduce Cash Management, a new feature to give you more flexibility with your brokerage account.

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Flexible Spending
Use your Robinhood debit card anywhere Mastercard® is accepted around the world.

Earn 2.05% APY
Your uninvested cash is moved to banks in our program that pay you 2.05% APY*. Like all variable rates, this could go up or down over time.

FDIC Insurance
Your cash in the program banks is eligible for up to $1.25 million of FDIC insurance, or up to $250,000 per bank, subject to FDIC rules.

75,000+ ATMs
Don't pay fees at any of the 75,000+ ATMs in our network.

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For the next two weeks, you can earn increasing levels of Stock-Back™ rewards when you shift your everyday spending to your Stash debit card.*

Every qualifying swipe over $5 gets you closer to leveling up your Stock-Back rewards. Levels start tomorrow and reset to zero on Monday, November 18.

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Could 2020 Be the Year of Legal Marijuana?

Posted by <team@stashinvest.com on Thursday, January 23, 2020 Under: Technical Analysis

MARKET NEWS

DJIA

+1.25%

S&P 500

+1.42%

Week-to-date return as of January 14, 2020¹

Bye, Bye Brick-and-Mortar

Despite record-breaking Black Friday and Cyber Monday sales in 2019, some traditional brick-and-mortar retail stores continue to face declining sales. Last week, Macy’s Inc. announced that it would close 28 Macy’s stores and 1 Bloomingdale’s store. (Macy’s is the parent company for both retail chains.) This news came shortly after Pier 1 Imports announced that it would close half of its stores due to financial losses.

Brushfire Impact

Australia is facing the ecological and financial impact of climate change as the country fights enormous bushfires, which have reportedly been made worse by record-breaking heat. The bushfires have spread across 26 million acres since September, 2019, burning down thousands of houses, killing 27 people, and killing or injuring an estimated 1 billion animals, according to Reuters.

$100K=33,444 Crunchwrap Supremes

Last week, Taco Bell announced it will bump up the salaries for the general managers of its restaurants in some locations to a whopping $100,000 in 2020. General managers at Taco Bell restaurants tend to earn between $50,000 and $80,000 according to reports.

Check out your Stash

TIP OF THE WEEK

Create a budget that includes fun—such as getting coffee and going out to eat with friends from time to time.

TEACH ME

401(k) vs. 403(b): What’s the difference?

Employer-sponsored retirement saving plans, such as 403(b)s and 401(k)s, can be important tools to help you save for retirement. But the type of plan you have access to depends on where you work. If you work in the private sector, you will likely have a 401(k), while government or certain nonprofit workers may have access to a 403(b). Although these two types of plans are similar in many ways, there are some important differences.

5 Ways to Reduce Your Medical Bills

From premiums to unexpected trips to the hospital, medical costs can stack up quickly. Personal finance writer Sarah Netter has five ways to get ahead of your medical costs. Remember to monitor your medical bills for any errors and negotiate with billers when you can.

Learn more

Learn more with Teach Me How To Money

Check out Teach Me How to Money, the go-to personal finance podcast for everything you want to know about money. We’ll help you get smarter about your finances—from investing basics to tackling debt and boosting savings—so you can save for the life you want with the money you have today.