It’s important for Stockspot to keep our fees low. One of the ways we do this is by not relying on big advertising costs to grow. What we do want is to help people spread the word about how to be a successful investor.
That’s why we created the Stockspot family and friends invite program. For every friend you invite who invests with us, we’ll waive the fees on $5,000 of your portfolio for 12 months. Plus, your friends will enjoy the same benefit on their portfolios for 12 months!
The more you share, the more you (and your friends!) save together – and the faster your portfolio grows. This gives your friends the chance to try Stockspot and see how it can help them achieve their financial goals.
Breaking the taboo around talking about money is essential, especially now. Here are our best tips for starting—and maintaining—conversations about investing:
1. Use your magic invite code
If you’re a Stockspot client, you have a unique invite code you can share with friends and family. You can easily send individual email invites through your Stockspot dashboard or share your invite code directly.
2. Start a conversation first
Here are some common questions you might encounter, along with effective ways to respond:
- “What’s an ETF?” Explain that an ETF allows for broad investment across shares and bonds globally—instant diversification without picking individual stocks.
- “Why invest today?” Share insights on how starting early can significantly impact returns. Investing just $2,000 at 25 instead of 35 could triple your returns by the time you’re 50.
- “What exactly does Stockspot do?” Explain that Stockspot provides accessible, low-cost investing solutions using Exchange Traded Funds (ETFs) and ensures that individuals receive quality guidance without the burden of high fees.
3. Share your experience
When inviting friends to Stockspot, focus on your personal experience rather than performance. Here’s what you can say:
- On ease of use: “I can see all my investments in one place, anytime.”
- On simplicity: “Stockspot removes the complexity; there is no stock-picking or constant monitoring needed.”
- On starting small: “You can begin building a portfolio with just $2,000. Use that tax return to start investing!”
- On fees: “Our number one rule: never pay more than 1% in fees! Lower fees mean higher returns!”
4. Keep track of your savings
Monitor your fee savings from inviting friends and family through the ‘Invite’ option on your dashboard. It’s a great way to see the impact of your referrals!
5. Share valuable resources
Feel free to share our blog posts, newsletters, videos and social media content that you find helpful. You can also share our compound calculator so your friends and family can visualise the power of investing.
Invite a friend today
Not yet a Stockspot client?
Click HERE to get your portfolio recommendation and get started today!
