“Compound interest is the eighth wonder of the world.” — Albert Einstein
Starting early and investing regularly helps you reap the magic of compounding. Here’s how you can schedule automatic deposits from your bank to help you do that.
1. If you don’t already have it, get the free Stockpile app on the App Store or the Google Play store. (Auto-deposits will be coming to the desktop soon!)
2. Go to your Settings, tap on Account, then Auto Deposit.
3. Play with our growth calculator to estimate your potential wealth.
4. Choose the frequency and amount of your deposit, and you’re all set!
If you don’t have a linked bank, we’ll help you do that along the way.
And if you ever want to put your auto-deposit settings on pause, or edit the frequency or amount, it’s really easy to do using the slider or Edit button.
Happy investing!