Let’s check in on our Exchange Traded Fund (ETF). Everyone remember what that is? In a previous blog I mentioned the fact that I only invested five dollars in my ETF. This is my first time investing and I wanted to take it slow as I learn. I invested in the “Do The Right Thing” ETF through Stash, because it fit my Wallet Agenda. But as I’ve mentioned before, sometimes the values of our Wallet Agenda will get in the way of higher earnings. My Stash account is set to auto-invest five dollars every week. I currently have 30 dollars invested into “Do The Right Thing,” and the value of my portfolio is about the same amount. This means that I didn’t make any gains but I didn’t lose any money either.

You may be wondering why didn’t I invest in riskier ETFs  with the possibility of higher rewards investments. This was my thinking: When you set up a Stash profile, it initially tailors the offerings to things you would find interesting and be most likely to invest in. For me this meant a lot of ETFs with U.S. government bonds or banks. Bonds and loans are fairly safe investments where your money can stay put,  grow over time, and the risk of failure is lower. For me, though, part of my Wallet Agenda is to stay away from bonds, loans, and banks – so the ETF options I had weren’t viable.


Wallet Agenda Inspired Lessons

I know that Stash has some great offerings around social media and things like safe water, but unfortunately they were unavailable based on my profile settings. All’s not lost though, there were many lessons in my first investment experience. Investing is different for everyone and for me, it is important  to know that my investment choice falls in line with my Wallet Agenda. For others whose Wallet Agendas may be more flexible, taking investment risks may rank higher.

Another lesson I learned is that when it comes to investing, diversification is important. If you want to have options available, make sure you’re open to different types of ETF. Because this was my first experience in investing, I really limited my options by setting such a low-risk profile. The most important lesson I learned is that there is in-powerment in trying something new. All in all, I feel like I nav.ed my first investment experience #likeaboss. I went from being petrified of all things investment to having my own brokerage account and making analytical decisions on where I want my money! Say what? Awesome.

 We all have the power to improve our financial literacy and grow our wealth simply by trying new and different financial investment opportunities. The truth is, 80 percent of women avoid talking about their finances. But guess what? I’m going to be talking about my beginners investment experience with all of my friends, because sharing what I learned during the process will help make us all smarter, stronger, and more confident investors – it’s a win-win!  


Image credit: Mirjana Jesic


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