Update: I’ve updated this post with the latest referral code for Raiz in 2021.
Looking to sign up to the micro-investing app Raiz? Before you do, make sure you take advantage of this raiz invite code (V9FYBD).
You’ll get a little extra cash invested into your account. While it may not seem like a huge amount, every little bit adds up – and besides, who doesn’t like free money!
Raiz Invite Code – Get $5 Free
Currently you can get $5 free when you sign up to Raiz. Here is how to get the bonus:
- Sign up for Raiz using this link (or enter the code: V9FYBD)
- Link your bank account and make your first investment (can be as little as $5)
- You’ll get $5 automatically credited to your account!
What is Raiz
Raiz is a micro-investing app. It lets you invest in a diversified portfolio of stocks and bonds (via ETFs) with as little as $5. So now you don’t need thousands of dollars to start investing. With interest rates currently so low, it now makes more sense to invest rather than just save. I’ve been using Raiz for the past couple of years. My portfolio dipped a little bit when the markets crashed due to Coronavirus, I’m still way up in terms of profit (currently around 19%). I don’t think I would have been able match those gains trying to pick stocks on my own.
Raiz can work completely automatically. You can setup weekly or monthly recurring investments. Or you can set it up to auto-invest based on your spending. Every time you spend, you’ll end up saving and investing a little money on the side! It really adds up. You can choose 1 of 7 different portfolios, depending on your life stage and goals and you can switch this at anytime. I’m currently investing using the Emerald Portfolio which is made of social responsible investments (aka no coal!)
If you’ve always wanted to start investing, then Raiz is a solid option to begin your journey. You can get started with just $5 and build up your investment over time I recommend both Raiz and Spaceship for investing – they’re the products I use and have had success with.