The Spaceship Invest App allows you to start micro investing with as little as $5. Spaceship has a range of portfolio’s to choose from depending on what type of companies you would like to invest in and best of all they give you $5 when you register to get started on your micro investing journey. Being ready for adventure means being financially ready. The Spaceship Voyager Invest App is one way, that’s low risk and low effort, to get your money working harder for you!
Table of Contents
How does Spaceship invest my money?
With Spaceship you are investing in portfolio that holds a range of shares in a large list of companies. You don’t do any trading yourself, you leave that to the expert Spaceship Voyager traders. You can now also directly invest in ETF’s (Exchanged Trading Funds), Stocks and your Superannuation.
What are the Spaceship fees?
There is a $2 monthly portfolio fee and a 0.50% annual account management fee.
How can I fund my Spaceship account?
There are a few options for adding funds to your Spaceship account. All amounts are deposited via your nominated bank account. Using the app you can –
- Make a one off investment
- Set a regular automated investments
- Boost your investments with round ups when you spend or set deposits on pay day, when you catch and pay for an Uber, on days when it’s raining (literally raining) or when you buy a coffee.
Can I take my money out of Spaceship at any time?
Funds can be added to or withdrawn from your investment any time to and from your chosen bank transaction account. You can also set up an investment plan where you choose to add a certain amount from your bank account either weekly, fortnightly or monthly. You don’t have to do this, there are no minimum deposit or investment frequency requirements.
I invest a small amount that I would otherwise spend weekly. My focus is on “time in the market” rather than trying to “time the market” although I do add additional small amounts when the market is lower due to a market crash or market correction also. I’ve also been able to easily withdraw profits out of Spaceship Voyager to fund higher return investments.
What sort of returns can I expect from Spaceship?
I have been micro investing with Spaceship Voyager for a couple of years and chose the Spaceship Universe Portfolio because it invests in world changing companies. It also has a better historical return than the other portfolios at 27% over the last 12 months.
Is the Spaceship App secure?
The Spaceship Voyager App features bank level security and nothing is stored on my phone. The app is pin number protected just like a banking app and my funds are insured against criminal activity including cyber crimes.
Is the Spaceship App regulated?
The Spaceship Invest App is regulated by the Australian Securities and Investment Commission (ASIC) and operates under it’s own Australian Financial Services License (AFSL 501605).
How much time is involved in managing my portfolio?
I also love that once I set it up, other than checking it now and then, it takes me zero time and effort each week to manage. Micro investing gives me peace of mind that my money is working for money while at the same time doesn’t take time away from my business, working, spending time with my family, adventure and whatever else life demands.
How do I get started with Spaceship and claim my $5 start up bonus?
Getting started with Spaceship is super easy and can be done in just a few clicks. Plus they give you $5 (sometimes it’s $10 during promotional periods) when you invest $5 to get started on your micro investing journey using this link. You also get a referral link and will receive $5 for anybody that you refer that starts with Spaceship Voyager and deposits $5 to get started, so everybody wins.
Summary
In summary Spaceship Voyager –
- does all the investing for you
- has the option to set up an investment plan and make regular automated deposits, but is not necessary
- you can change your investment plan, deposit funds or withdraw funds any time
- has a low monthly fee of $2 and an annual fee of 0.50% per year
- is a regulated, safe and secure app with returns between 10 – 30% per year depending on what portfolio you choose
- gives you $5 (sometimes $10) to get started when you use this link to sign up and invest at least $5
- pays you $5 when you refer others and they invest at least $5
Pros
- Low fees
- No investing or trading knowledge required
- Low to no time to manage
- Good, consistent historical returns
- Higher annual returns than a bank account and Raiz Invest
- Easy to deposit and withdraw funds at any time
- Automated saving when spending option
- Automated investment option
- Lower monthly fees than Raiz Invest
- Website and app available
- Easy to use app available on Google Play and the App Store
- Pays both referrer and friend for sign up
Cons
- Dividends are distributed back into your portfolio annually whereas Raiz Invest pays and reinvests dividends at intervals throughout the year
- Higher risk than Raiz Invest
Spaceship Voyager is an automated micro investment app that allows you deposit funds to be invested and withdraw funds at any time. It also gives you a little $5 incentive to get you started. By matching your $5 deposit it essentially costs you nothing to get started with micro investing with Spaceship Voyager. I have been using both Spaceship and Raiz Invest for over 2 years and have found them to be both safe and profitable.
To learn more about the Spaceship App and to get started go to www.spaceship.com.au.
Disclaimer: This is not financial advice I am simply sharing something that is working for me. Trading in the share market is risky, please only trade money you can afford to lose. No trade results can be guaranteed in any time of real trading activity. You should consider seeking independent legal, financial, taxation or other advice before making any decisions.
Lauren Angove is an adventurous Perth (Western Australia) Mum of two boys who loves to blog about her experiences to inspire other mid-lifers to choose their most adventurous lives now. Keep up to date with her latest adventure inspiration and advice at Always Adventure Ready on facebook.