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Fundrise Review 2024
<!DOCTYPE html> <html lang="en-US"> <head> <title>Fundrise Review 2024</title> <meta charset="UTF-8"> <meta name="viewport" content="width=device-width, initial-scale=1" > <meta name="title" content="Fundrise Review: Is This Real Estate Investment Platform Worth It?" > <meta name="datePublished" content="2024-07-20T14:40:29Z" > <meta name="dateModified" content="2024-11-12T19:10:12Z" > <meta name="news_keywords" content="Personal Finance, Investing, Real Estate (PFI)" > <meta name="description" content="Our in-depth Fundrise review examines the platform's eREITs and eFunds, investment platform, fees, and suitability for different investors." > <meta property="author" content="Tessa Campbell, Elias Shaya" > <meta property="article:publisher" content="businessinsider" > <meta name="tbi-vertical" content="Personal Finance" > <meta property="og:title" content="Fundrise Review: Is This Real Estate Investment Platform Worth It?" > <meta property="og:description" content="Our in-depth 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window.allScripts.push({ type: "load", script: "%3Cscript%20src%3D%22https%3A%2F%2Fwww.googletagmanager.com%2Fgtm.js%3Fid%3DGTM-MP6F46L%22%20data-consent%3D%22ANALYTICS%22%20data-track-load%3D%22gtm%22%3E%3C%2Fscript%3E" });</script> <script type="application/ld+json"> {"@context":"http://schema.org","@type":"Article","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.businessinsider.com/personal-finance/investing/fundrise-review"},"editor":{"@type":"Person","name":"Laura Grace Tarpley, CEPF"},"author":[{"@type":"Person","name":"Tessa Campbell","sameAs":"https://www.businessinsider.com/author/tessa-campbell"},{"@type":"Person","name":"Elias Shaya","sameAs":"https://www.businessinsider.com/author/elias-shaya"}],"publisher":{"@context":"http://schema.org","@type":"Organization","name":"Business Insider","legalName":"Insider Inc.","foundingDate":"2007","url":"www.businessinsider.com","sameAs":["https://www.instagram.com/businessinsider","https://www.twitter.com/businessinsider","https://www.facebook.com/businessinsider","https://www.linkedin.com/company/businessinsider","https://www.youtube.com/@BusinessInsider"],"founder":{"@type":"Person","name":"Henry Blodget"},"logo":{"@type":"ImageObject","url":"https://www.businessinsider.com/public/assets/logos/structured-data.png"}},"headline":"Fundrise Review 2024","alternativeHeadline":"Fundrise Review: Is This Real Estate Investment Platform Worth It?","image":{"@type":"ImageObject","url":"https://i.insider.com/5fb413ab402d49001924f587?width=1200&format=jpeg","width":1200,"height":900,"caption":"Fundrise lets you invest in commercial real estate properties across the US, Fundrise IPOs, and venture funds."},"name":"Fundrise Review: Is This Real Estate Investment Platform Worth It?","datePublished":"2024-07-20T14:40:29Z","dateModified":"2024-11-12T19:10:12Z","description":"Our in-depth Fundrise review examines the platform's eREITs and eFunds, investment platform, fees, and suitability for different investors.","keywords":"","articleBody":"Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews.Fundrise is a real estate platform for investing in alternative asset funds such as private real estate, private credit, and venture capital. The platform accepts clients regardless of annual income or net worth.Fundrise allows you to invest in commercial real estate projects across the US.$100.85% for real estate (additional 1% and $125 for IRAs)Fundrise is one of the best real estate investing apps for non-accredited investors looking for affordable crowdfunding investment options. The platform accepts clients regardless of annual income or net worth.Fundrise is among the best real estate investing apps for beginners and non-accredited investors seeking affordable alternative investment options like real-estate and venture capital funds. Non-accredited investors can use Fundrise to diversify their portfolios and get exposure to the real estate market without buying properties or becoming landlords. You can access the platform on desktop or mobile to easily monitor asset growth, review market trends, generate passive income, and set project alerts. You'll simply need to meet the minimum balance requirements and be able to pay account fees. Prospective users should note, however, that its investments are intended for those with a time horizon of at least five years. Fundrise allows you to cash out anytime, even if you don't reach the five-year minimum. This is rare for a real-estate investment platform. However, you can still be charged a 1% penalty on early withdrawals from certain fund options. Fundrise offers personal investment, joint, IRA, entity, trust, and advisor-assisted accounts. After opening an account and filling out a short questionnaire, Fundrise recommends one of its four plan options:Fundrise compares its offerings to mutual funds for alternative assets. It offers risk-adjusted returns with quarterly liquidity. A Fundrise Pro membership allows you to customize your investment plans, invest in specific funds, pick and choose their ideal allocations, and update your portfolios as your goals change over time.As a Pro member, you can access expert-level data from Basis™ — Fundrise's proprietary property management data warehouse — and leading market research from John Burns Research and Consulting. Moreover, Pro members can access selective paywalled content from leading news sites like the Wall Street Journal. You can open a traditional, rollover, or Roth IRA and invest in the same Fundrise-directed plan options as a general investing account. Fundrise's IRA custodian is Inspira Financial Trust, LLC. Fundrise IRAs charge a $125 annual fee, but you can get that waived by:Fundrise requires a $10 minimum for a general investing account with a 0.15% annual advisory fee. To be a Pro member, you'll be charged $10/month (or $99/year). IRAs require a $1,000 minimum.Management fees vary by fund option. Fundrise real estate funds charge an annual 0.85% management fee. To invest in the Innovation Fund, you'll pay an annual flat 1.85% management fee. IRAs charge a 1% annual fee and a $125 annual fee.Fundrise has received an A+ rating with the Better Business Bureau and is an accredited business. BBB ratings range from A+ to F, so Fundrise's A+ indicates that the company interacts well with its customers, promptly acknowledges and settles customer complaints, and exhibits trustworthy business practices. The BBB assigns its ratings by assessing company information from business and public data sources and reviewing any customer complaints filed against the company. On August 22, 2023, The SEC settled charges with Fundrise originally filed against the business in 2016, claiming that Fundrise violated compliance requirements related to working with content creators. Fundrise neither admitted nor denied these allegations but agreed to pay a $250,000 civil penalty. Fundrise and CrowdStreet are great for short-term real estate assets and other alternative investment options. However, they differ regarding fees and access. Fundrise is best for investing in cost-effective real estate, private credit, and venture capital funds. It's also the best for non-accredited investors, as most of Fundrise's investment options are available to all investors regardless of accreditation status. Crowdstreet only accepts accredited investors and has much higher minimum requirements. Crowdstreet is better for those interested in automated, tailored portfolios of commercial real estate investments. Investors aren't charged fees to register or access real estate listings. But you must be accredited and meet the $25,000 minimum to open an account. CrowdStreet reviewLike Fundrise, Yieldstreet is a popular real-estate investing platform for accredited and non-accredited investors. Although they offer real-estate assets, the platforms differ regarding investment options, minimum, fees, and access. Compared to Fundrise, Yieldstreet is a better choice for overall alternative investing. In addition to real estate assets, Yieldstreet offers fine art, short-term notes, multi-asset class funds, and more. However, its minimum investment is significantly higher than Fundrise's (Yieldstreet requires a $10,000 minimum). Non-accredited investors can only invest in Yieldstreet's Alternative Income Fund. Therefore, Fundrise is the better (more affordable) option for non-accredited investors who can access most of Fundrise's investment options. Yieldstreet reviewFundrise is a good investment platform for low-cost real estate, private credit, and venture capital funds for short-term cash flow and long-term appreciation. Non-accredited investors can access most of Fundrise's investment options. However, investing in assets like real estate is highly illiquid, and your investment is not guaranteed to work out. Fundrise is not a good option for beginner investors. Fundrise's fees include an annual 0.85% annual management fee and a flat 1.85% management fee for the Innovation fund. IRAs charge a 1% annual fee and a $125 annual fee. A Pro membership charges $10 per month. Yes, you can withdraw your money from Fundrise at any time, even if you don't meet the five-year minimum. You can still be charged a 1% penalty on early withdrawals from certain fund options. Withdraw money by placing a standard liquidation request on the Fundrise platform with your account. Once the liquidation request is processed, you can get your funds sent back automatically. Fundrise was reviewed using Business Insider's rating methodology for investing platforms to examine the different account types offered, pricing, access, ethics, security, and overall customer experience. Investing platforms are given a rating between 0 and 5. Real estate investing apps generally offer user-friendly sites for education and market access. Some investing platforms are generally better for beginners or passive investors, while others are best for experienced and active traders. Fundrise was evaluated based on how well it performed in each category.","articleSection":"Personal Finance, Investing, Real Estate (PFI)","isAccessibleForFree":true,"hasPart":[{"@type":"WebPageElement","isAccessibleForFree":true,"cssSelector":".content-lock-content"}]} </script> <script type="application/ld+json"> {"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Is Fundrise a good investment?","acceptedAnswer":{"@type":"Answer","text":"<p class=\"faq-answer\">Fundrise is a good investment platform for low-cost real estate, private credit, and venture capital funds for short-term cash flow and long-term appreciation. Non-accredited investors can access most of Fundrise's investment options. However, investing in assets like real estate is highly illiquid, and your investment is not guaranteed to work out. 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role="main" > <section id="l-content" class="is-right-rail content-with-sticky-toc" data-track-page-area="Post" data-post-content > <section class="row"> <div class="col-12"> <article class=""> <section class="post-headline-wrapper " id="post-headline" > <div class="post-meta"> <span class="post-breadcrumbs headline-regular "> <a href="/personal-finance" class=" breadcrumb-hide-m" data-track-click="{"product_field":"Personal Finance","element_name":"breadcrumbs","event":"navigation"}" > Personal Finance </a> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate270" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <a href="/personal-finance/investing" class=" breadcrumb-hide-s" data-track-click="{"product_field":"Investing","element_name":"breadcrumbs","event":"navigation"}" > Investing </a> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate270" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate90 d-sm-block d-md-none align-left" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <a href="/personal-finance/real-estate" class="" data-track-click="{"product_field":"Real Estate","element_name":"breadcrumbs","event":"navigation"}" > Real Estate </a> </span> </div> <h1 class="post-headline ">Fundrise Review: Is This Real Estate Investment Platform Worth It?</h1> </section> <section class="byline-wrapper byline-wrapper-helpfulness "> <div class="byline " data-e2e-name="byline" > <div class="byline-content" data-e2e-name="byline-content" > <div class="byline-row"> <div class="byline-author-container"> <div class="byline-author headline-regular"> <span class="headline-regular">Written by</span> <span class="" data-e2e-name="Tessa Campbell" > <a class="byline-link byline-author-name" data-e2e-name="byline-author-name" href="https://www.businessinsider.com/author/tessa-campbell" >Tessa Campbell</a><span class="headline-regular">;</span></span> <span class="headline-regular">edited by</span> <a class="byline-link byline-author-name" href="https://www.businessinsider.com/author/laura-grace-tarpley" >Laura Grace Tarpley</a><span class="headline-regular">;</span> <span class="headline-regular">reviewed by</span> <a class="byline-link byline-author-name" href="https://www.businessinsider.com/author/elias-shaya" >Elias Shaya</a> </div> <time class="byline-timestamp headline-regular js-date-format" data-timestamp="2024-07-20T14:40:29Z" data-e2e-name="byline-timestamp" data-disable-relative-formatting > 2024-07-20T14:40:29Z </time> </div> </div> </div> </div> <section class="sharebar " data-component-type="share" data-location=""> <div class="share-button-dropdown-wrapper"> <button class="share-button sharebar-link headline-regular"><svg class="svg-icon share-icon " role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" fill="none" viewBox="0 0 12 12"> <defs/> <title>Share icon</title> <desc>An curved arrow pointing right.</desc> <path fill-rule="evenodd" d="M7.336 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js-sticky-toc-aside" data-component-type="sticky-toc"> <li> <a href="#introduction-to-fundrise" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Introduction to Fundrise </a> </li> <li> <a href="#overall-rating" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Overall Rating </a> </li> <li> <a href="#how-fundrise-works" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > How Fundrise Works </a> </li> <li> <a href="#fees" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Fees </a> </li> <li> <a href="#pros-and-cons" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Pros and Cons </a> </li> <li> <a href="#trustworthiness" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Trustworthiness </a> </li> <li> <a href="#how-fundrise-compares" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > How Fundrise Compares </a> </li> <li> <a href="#faqs" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > FAQs </a> </li> <li> <a href="#why-you-should-trust-us" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Why You Should Trust Us </a> </li> </ul> </div> <div> <section class="post-content typography with-sticky-toc-aside pfi-post" data-track-content="" data-post-type="post" > <div id="piano-inline-content-wrapper" data-piano-inline-content-wrapper data-user-status="anonymous" > <div data-component-type="content-lock" data-load-strategy="exclude"> <div class="content-lock-content"> <p class="headline-regular financial-disclaimer">Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our <a href="https://www.businessinsider.com/personal-finance/our-partners" class="not-content-link" target="_blank" data-analytics-product-module="body_link" rel="">advertiser disclosure with our list of partners</a> for more details). However, our opinions are our own. See <a href="https://www.businessinsider.com/personal-finance/investing/investing-rating-methodology" class="not-content-link" target="_blank" data-analytics-product-module="body_link" rel="">how we rate investing products</a> to write unbiased product reviews.</p> <div class="table-of-contents table-of-contents-sticky" data-analytics-module="jump-to" data-type="custom"></div><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" href="https://secure.money.com/pr/tce944ea5ef0">Fundrise</a> is a real estate platform for investing in alternative asset funds such as private real estate, private credit, and venture capital. The platform accepts clients regardless of annual income or net worth.</p> <div id="fundrise" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">Fundrise</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="https://secure.money.com/pr/tce944ea5ef0" rel="nofollow noindex" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Start investing </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">On Fundrise's website</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="https://secure.money.com/pr/tce944ea5ef0" rel="nofollow noindex" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/613bcb9c2534ab001853d954?width=400" alt="Fundrise Fundrise"> <noscript> <img src="https://i.insider.com/613bcb9c2534ab001853d954?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="613bcbc213cd0400189dedb6-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.8184450585287502"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.8184450585287502)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.958922088696998"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.958922088696998)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.5947409555057399"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.5947409555057399)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.6077363447688466"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.6077363447688466)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.275418075423032"> <stop stop-color="#faa809" offset="5%"></stop> <stop stop-color="white" offset="5%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.275418075423032)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.05<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Fundrise allows you to invest in commercial real estate projects across the US.</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> Account Minimum </strong> </div> <p class="financial-product-card__specs__text headline-regular">$10</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> Fees </strong> </div> <p class="financial-product-card__specs__text headline-regular">0.85% for real estate (additional 1% and $125 for IRAs)</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 5" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Available to non-accredited investors</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Low minimum account size requirements</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Varying risk and volatility options</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Passive income</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Investments are illiquid</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Illiquid investment options</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Not ideal for short-term investing</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">Fundrise is one of the best real estate investing apps for non-accredited investors looking for affordable crowdfunding investment options. The platform accepts clients regardless of annual income or net worth.</p> </div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Consider it if: You're looking for an easy and inexpensive way to start investing in real estate.</li> <li class="financial-product-card__product-details__list-item">Awards: Listed in Forbes Fintech 50 list twice</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div><h2 data-toc-label="Introduction to Fundrise" id="introduction-to-fundrise" class="toc-anchor">Introduction to Fundrise</h2><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" href="https://secure.money.com/pr/tce944ea5ef0">Fundrise</a> is among the <a href="https://www.businessinsider.com/personal-finance/investing/best-real-estate-investing-platforms" data-analytics-product-module="body_link" rel="">best real estate investing apps</a> for beginners and non-accredited investors seeking affordable alternative investment options like real-estate and venture capital funds. </p><p>Non-accredited investors can use Fundrise to diversify their portfolios and get exposure to the real estate market without buying properties or becoming landlords. You can access the platform on desktop or mobile to easily monitor asset growth, review market trends, generate <a href="https://www.businessinsider.com/personal-finance/investing/best-ways-to-earn-passive-income" data-analytics-product-module="body_link" rel="">passive income</a>, and set project alerts. </p><p>You'll simply need to meet the minimum balance requirements and be able to pay account fees. Prospective users should note, however, that its investments are intended for those with a time horizon of at least five years. </p><p>Fundrise allows you to cash out anytime, even if you don't reach the five-year minimum. This is rare for a <a href="https://www.businessinsider.com/personal-finance/investing/how-to-invest-in-real-estate-make-money" data-analytics-product-module="body_link" rel="">real-estate investment</a> platform. However, you can still be charged a 1% penalty on early withdrawals from certain fund options. </p><h2 data-toc-label="Overall Rating" id="overall-rating" class="toc-anchor">Fundrise: Overall Rating</h2><div class="horizontal-scroll"><table style="border-collapse: collapse; width: 100%; height: 176px;" border="1" class="table-content"><tbody class="table-content-body"><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Features</td><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Insider rating (out of 5)</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Fees</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">4.50</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Investment selection</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">4.50</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Liquidity</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">3.00</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Ethics</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">5.00</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Access</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">3.50</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Customer service</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">3.50</td></tr><tr style="height: 22px;"><td style="width: 50%; height: 22px;" class="headline-regular headline-semibold">Overall score</td><td style="width: 50%; text-align: center; height: 22px;" class="headline-regular">4.05</td></tr></tbody></table></div><h2 data-toc-label="How Fundrise Works" id="how-fundrise-works" class="toc-anchor">How Fundrise Works</h2><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" href="https://secure.money.com/pr/tce944ea5ef0">Fundrise</a> offers personal investment, joint, IRA, entity, trust, and advisor-assisted accounts. </p><h3>Fundrise Plans</h3><p>After opening an account and filling out a short questionnaire, Fundrise recommends one of its four plan options:</p><ul><li><strong>Supplemental income plan:</strong> Invests primarily in private credit (80%) and real estate (20%) to generate consistent dividend payments with low volatility. It's best for retired and near-retired individuals looking to increase their current cash flow. This plan includes the Income Real Estate Fund.</li><li><strong>Balanced investing plan:</strong> Invests primarily in growth-oriented assets, such as real estate (90%) and private credit (10%) to grow wealth and diversify one's <a href="https://www.businessinsider.com/personal-finance/investing/investment-portfolio" rel="">investment portfolio</a>. It's best for investors interested in earning consistent, short-term income and benefitting from long-term capital appreciation. </li><li><strong>Long-term growth plan:</strong> Invests solely in real estate assets likely to appreciate in value over time. It's best for investors looking to diversify their portfolios with alternative investments while earning long-term returns. This includes the Flagship Real Estate Fund. </li><li><strong>Venture capital plan:</strong> Invests in various pre-IPO private technology companies, including AI and data infrastructure companies. This plan option is likely to fluctuate over the short term but offers risk-adjusted results over the long term. It's best for investors with a long time horizon. This plan includes the Innovation Fund. </li></ul><p>Fundrise compares its offerings to mutual funds for alternative assets. It offers risk-adjusted returns with quarterly liquidity. </p><h3>Fundrise Pro</h3><p>A Fundrise Pro membership allows you to customize your investment plans, invest in specific funds, pick and choose their ideal allocations, and update your portfolios as your goals change over time.</p><p>As a Pro member, you can access expert-level data from Basis™ — Fundrise's proprietary property management data warehouse — and leading market research from John Burns Research and Consulting. Moreover, Pro members can access selective paywalled content from leading news sites like the Wall Street Journal. </p><h3>IRAs</h3><p>You can open a traditional, rollover, or <a href="https://www.businessinsider.com/personal-finance/investing/what-is-roth-ira" data-analytics-product-module="body_link" rel="">Roth IRA</a> and invest in the same Fundrise-directed plan options as a general investing account. Fundrise's IRA custodian is Inspira Financial Trust, LLC. </p><p>Fundrise IRAs charge a $125 annual fee, but you can get that waived by:</p><ul><li>Investing in $3,000 or more each year</li><li>Investing and maintaining a balance over $25,000</li></ul><h2 data-toc-label="Fees" id="fees" class="toc-anchor">Fundrise Fees</h2><p>Fundrise requires a $10 minimum for a general investing account with a 0.15% annual advisory fee. To be a Pro member, you'll be charged $10/month (or $99/year). IRAs require a $1,000 minimum.</p><p>Management fees vary by fund option. Fundrise real estate funds charge an annual 0.85% management fee. To invest in the Innovation Fund, you'll pay an annual flat 1.85% management fee. IRAs charge a 1% annual fee and a $125 annual fee.</p><h2 data-toc-label="Pros and Cons" id="pros-and-cons" class="toc-anchor">Pros and Cons Fundrise</h2><div class="horizontal-scroll"><table style="border-collapse: collapse; width: 100%; height: 287px;" border="1" class="table-content"><tbody class="table-content-body"><tr style="height: 22px;"><td style="width: 37.2078%; height: 22px;" class="headline-regular headline-semibold">Pros</td><td style="width: 37.7922%;" class="headline-regular headline-semibold">Cons</td></tr><tr style="height: 265px;"><td style="font-weight: normal; width: 37.2078%;" class="headline-regular headline-semibold"><ul><li>Low $10 minimum</li><li>Available to both accredited and nonaccredited investors</li><li>Varying risk and volatility options</li><li>Passive income generated through dividend payments and long-term appreciation</li></ul></td><td style="width: 37.7922%; height: 265px;" class="headline-regular"><ul><li>Complicated fee structure</li><li>Illiquid investment options</li><li>Not ideal for short-term investing</li></ul></td></tr></tbody></table></div><h2 data-toc-label="Trustworthiness" id="trustworthiness" class="toc-anchor">Fundrise Trustworthiness</h2><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="613bcbc213cd0400189dedb6" data-analytics-product-brand="Fundrise" data-analytics-product-name="Fundrise" href="https://secure.money.com/pr/tce944ea5ef0">Fundrise</a> has received an A+ rating with the <a href="https://www.bbb.org/us/dc/washington/profile/real-estate-investing/fundrise-0241-236002722" target="_blank" rel="noopener nofollow" data-analytics-product-module="body_link">Better Business Bureau</a> and is an accredited business. BBB ratings range from A+ to F, so Fundrise's A+ indicates that the company interacts well with its customers, promptly acknowledges and settles customer complaints, and exhibits trustworthy business practices. </p><p>The BBB assigns its ratings by assessing company information from business and public data sources and reviewing any customer complaints filed against the company. </p><p>On August 22, 2023, The <a href="https://www.sec.gov/enforce/ia-6381-s" target="_blank" rel="noopener" data-analytics-product-module="body_link">SEC settled charges</a> with Fundrise originally filed against the business in 2016, claiming that Fundrise violated compliance requirements related to working with content creators. Fundrise neither admitted nor denied these allegations but agreed to pay a $250,000 civil penalty. </p><h2 data-toc-label="How Fundrise Compares" id="how-fundrise-compares" class="toc-anchor">Fundrise vs. Other Real Estate Investing Platforms</h2><h3>Fundrise vs. CrowdStreet</h3><p>Fundrise and <a target="_blank" rel="nofollow noopener noindex" data-analytics-product-module="body_link" data-analytics-product-id="6170760c36c0fc00130eca25" data-analytics-product-brand="CrowdStreet" data-analytics-product-name="CrowdStreet" href="https://affiliate.insider.com/?amazonTrackingID=bi-auto-71206-20&h=5c1dd1b86dcb378ec2f8a04402f8edb48d10431b6af46c39eae3f1c2fbe42cb0&platform=browser&postID=669bcc4420eaab25bc1e291e&postSlug=personal-finance%2Finvesting%2Ffundrise-review&site=bi&u=https%3A%2F%2Fcrowdstreet.4cl7.net%2Fc%2F4722637%2F1274750%2F9753" data-am-orig-url="https://affiliate.insider.com/?h=5c1dd1b86dcb378ec2f8a04402f8edb48d10431b6af46c39eae3f1c2fbe42cb0&u=https%3A%2F%2Fcrowdstreet.4cl7.net%2Fc%2F4722637%2F1274750%2F9753">CrowdStreet</a> are great for short-term real estate assets and other alternative investment options. However, they differ regarding fees and access. </p><p>Fundrise is best for investing in cost-effective real estate, private credit, and <a href="https://www.businessinsider.com/personal-finance/investing/venture-capital" data-analytics-product-module="body_link" rel="">venture capital</a> funds. It's also the best for non-accredited investors, as most of Fundrise's investment options are available to all investors regardless of accreditation status. Crowdstreet only accepts accredited investors and has much higher minimum requirements. </p><p>Crowdstreet is better for those interested in automated, tailored portfolios of commercial real estate investments. Investors aren't charged fees to register or access real estate listings. But you must be accredited and meet the $25,000 minimum to open an account. </p><p><em><a href="https://www.businessinsider.com/personal-finance/investing/crowdstreet-investing-review" data-analytics-product-module="body_link" rel="">CrowdStreet review</a></em></p><h3>Fundrise vs. Yieldstreet</h3><p>Like Fundrise, Yieldstreet is a popular real-estate investing platform for accredited and non-accredited investors. Although they offer real-estate assets, the platforms differ regarding investment options, minimum, fees, and access. </p><p>Compared to Fundrise, Yieldstreet is a better choice for overall alternative investing. In addition to real estate assets, Yieldstreet offers fine art, short-term notes, multi-asset class funds, and more. However, its minimum investment is significantly higher than Fundrise's (Yieldstreet requires a $10,000 minimum). Non-accredited investors can only invest in Yieldstreet's Alternative Income Fund. </p><p>Therefore, Fundrise is the better (more affordable) option for non-accredited investors who can access most of Fundrise's investment options. </p><p><em><a href="https://www.businessinsider.com/personal-finance/investing/yieldstreet-review" data-analytics-product-module="body_link" rel="">Yieldstreet review</a></em></p><h2 data-toc-label="FAQs" id="faqs" class="toc-anchor">FAQs</h2> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> Is Fundrise a good investment? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">Fundrise is a good investment platform for low-cost real estate, private credit, and venture capital funds for short-term cash flow and long-term appreciation. Non-accredited investors can access most of Fundrise's investment options. However, investing in assets like real estate is highly illiquid, and your investment is not guaranteed to work out. Fundrise is not a good option for beginner investors. </p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> What are the fees on Fundrise? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">Fundrise's fees include an annual 0.85% annual management fee and a flat 1.85% management fee for the Innovation fund. IRAs charge a 1% annual fee and a $125 annual fee. A Pro membership charges $10 per month. </p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown collapsable-faq-dropdown-last" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> Can I withdraw my money from Fundrise at any time? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">Yes, you can withdraw your money from Fundrise at any time, even if you don't meet the five-year minimum. You can still be charged a 1% penalty on early withdrawals from certain fund options. Withdraw money by placing a standard liquidation request on the Fundrise platform with your account. Once the liquidation request is processed, you can get your funds sent back automatically. </p> </div> </div> </div><h2 data-toc-label="Why You Should Trust Us" id="why-you-should-trust-us" class="toc-anchor">Why You Should Trust Us: How We Reviewed Fundrise</h2><p>Fundrise was reviewed using <a href="https://www.businessinsider.com/personal-finance/investing/investing-rating-methodology" data-analytics-product-module="body_link" rel="">Business Insider's rating methodology for investing platforms</a> to examine the different account types offered, pricing, access, ethics, security, and overall customer experience. Investing platforms are given a rating between 0 and 5. </p><p>Real estate investing apps generally offer user-friendly sites for education and market access. Some investing platforms are generally better for beginners or passive investors, while others are best for experienced and active traders. Fundrise was evaluated based on how well it performed in each category.</p><iframe data-src="https://products.gobankingrates.com/pub/bcf1f183-92e6-4401-ac5f-d7b47ca8c33c?targeting[subcategory]=investing&resize=1&ident=99&pub_inventory=investing/fundrise-review-pfi-investing" data-indent="99" scrolling="no" frameborder="0" width="100%" style="min-width:300px;max-height:475px;"></iframe> <script async="" type="text/javascript" id="go-banking-resize"> window.addEventListener('message', onGoBankingResize, false); function onGoBankingResize(e) { { if (e.origin === 'https://products.gobankingrates.com' && e.data) { if (e.data.source && e.data.id && undefined !== e.data.height) { var id = 'iframe[data-indent="' + e.data.id + '"]'; var chosenFrame = document.querySelector(id); if (chosenFrame) { var height = e.data.height + 'px'; chosenFrame.style.height = height; } } } } } </script><section class="post-authors" data-component-type="post-author"> <div class="post-author"> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/tessa-campbell" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="author-profile-image-wrapper" data-slug="tessa-campbell"> <div class="lazy-holder author-profile-image"> <img class="lazy-image author-profile-image" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/6494561e65b9ce0018a46b81?crop=1:1&width=256&format=jpeg&auto=webp" alt="Tessa Campbell"> <noscript> <img src="https://i.insider.com/6494561e65b9ce0018a46b81?crop=1:1&width=256&format=jpeg&auto=webp" /> </noscript> </div> </div> </a> <div class="post-author_info"> <div class="post-author_top"> <a id="post-author_name-link" class="post-author_link not-content-link" href="https://www.businessinsider.com/author/tessa-campbell" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="post-author_name headline-semibold">Tessa Campbell</div> </a> <div class="post-author_title headline-regular">Investing and Retirement Reporter</div> </div> <div class="post-author_bio headline-regular"> <input type="checkbox" id="expanded0"> <div class="post-author_bio_content"> <span>Tessa Campbell is an investing and retirement reporter on Business Insider’s personal finance desk. Over two years of personal finance reporting, Tessa has built expertise on a range of financial topics, from the best credit cards to the best retirement savings accounts.</span>Experience<span>Tessa currently reports on all things investing — deep-diving into complex financial topics, shedding light on lesser-known investment avenues, and uncovering ways readers can work the system to their advantage.</span><span></span><span>As a personal finance expert in her 20s, Tessa is acutely aware of the impacts time and uncertainty have on your investment decisions. While she curates Business Insider’s guide on the best investment apps, she believes that your financial portfolio does not have to be perfect, it just has to exist. A small investment is better than nothing, and the mistakes you make along the way are a necessary part of the learning process.</span>Expertise: <span>Tessa’s expertise includes:</span><ul><li><span>Credit cards</span></li><li><span>Investing apps</span></li><li><span>Retirement savings</span></li><li><span>Cryptocurrency</span></li><li><span>The stock market</span></li><li><span>Retail investing</span></li></ul>Education: <span>Tessa graduated from Susquehanna University with a creative writing degree and a psychology minor.</span><span>When she’s not digging into a financial topic, you’ll find Tessa waist-deep in her second cup of coffee. She currently drinks Kitty Town coffee, which blends her love of coffee with her love for her two cats: Keekee and Dumpling. It was a targeted advertisement, and it worked.</span> </div> <label for="expanded0" role="button" class="post-author_bio_more">Read more</label> <label for="expanded0" role="button" class="post-author_bio_less">Read less</label> </div> </div> </div> <div class="post-author"> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/elias-shaya" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="author-profile-image-wrapper" data-slug="elias-shaya"> <div class="lazy-holder author-profile-image"> <img class="lazy-image author-profile-image" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/63f938c4ae0bf0001824b2c1?crop=1:1&width=256&format=jpeg&auto=webp" alt="Elias Shaya looks at the camera. He stands outdoors, wearing a black jacket, with a city in the distant background."> <noscript> <img src="https://i.insider.com/63f938c4ae0bf0001824b2c1?crop=1:1&width=256&format=jpeg&auto=webp" /> </noscript> </div> </div> </a> <div class="post-author_info"> <div class="post-author_top"> <a id="post-author_name-link" class="post-author_link not-content-link" href="https://www.businessinsider.com/author/elias-shaya" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="post-author_name headline-semibold">Elias Shaya</div> </a> <div class="post-author_title headline-regular">Compliance Associate</div> </div> <div class="post-author_bio headline-regular"> <input type="checkbox" id="expanded1"> <div class="post-author_bio_content"> <span>Elias Shaya is a Compliance Associate on the Personal Finance Insider team based in New York City, which ensures content accuracy and editorial independence so readers are always getting up-to-date and objective financial advice.</span><span>The team also works to minimize risk for partners by ensuring language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team. Elias is the point person for the loans sub-vertical and works with the editorial team to ensure that all rates and information for personal and student loans are up-to-date and accurate.</span><span>He joined Insider in February 2022 as a fellow on the compliance team.</span> </div> <label for="expanded1" role="button" class="post-author_bio_more">Read more</label> <label for="expanded1" role="button" class="post-author_bio_less">Read less</label> </div> </div> </div> </section> <div class="featured-products sticky-featured-product"> <span class="headline-semibold featured-products-heading">Top Offers From Our Partners</span> <div class="featured-product"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" data-analytics-product-area="image" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - Do Not Use in Content" data-analytics-product-name="LendingClub LevelUp Savings Account" data-analytics-product-id="63cff3349bca6000112c3c92" class="featured-product-image not-content-link" rel="nofollow noindex"> <div class="lazy-holder lazy-holder " style="padding-top: calc(100% * 95 / 149)"> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{"https://i.insider.com/60a53ef9e25d05001880c7d2":{"contentType":"image/png","aspectRatioW":1200,"aspectRatioH":320}}" alt="LendingClub Logo"> <noscript> <img src="https://i.insider.com/60a53ef9e25d05001880c7d2?width=600&format=jpeg&auto=webp" /> </noscript> </div> </a> <div class="featured-product-hgroup"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" class="featured-product-heading not-content-link" data-analytics-product-area="title" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - Do Not Use in Content" data-analytics-product-name="LendingClub LevelUp Savings Account" data-analytics-product-id="63cff3349bca6000112c3c92" rel="nofollow noindex"> LendingClub LevelUp Savings Account </a> <span class="headline-semibold featured-product-sub-heading"> Earn 4.75% APY when you deposit $250 per month <div class="component rich-tooltip featured-product-rich-tooltip" role="tooltip" data-tooltip-position="right"> <svg class="svg-icon tooltip-icon " role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 60 60"> <title></title> <desc>A tooltip</desc> <path d="M30.6 36.6l.1-1.2c.2-2.3 1.3-3.3 3.4-5.2 2.5-2.3 5.7-4.5 5.7-8.6 0-5-4.3-7.7-9.2-7.7-3.8 0-6.8 1.5-10 4.4l2.2 2.5c3.1-2.5 5-3.5 7.7-3.5 3.2 0 5.4 1.7 5.4 4.4s-2.2 4.2-4.4 6.1c-3.4 2.9-4 4.1-4 7.3v1.5h3.1zm.7 8.4v-4.6h-4.4V45h4.4z"></path> <path d="M30 0c16.6 0 30 13.4 30 30S46.6 60 30 60 0 46.6 0 30 13.4 0 30 0zm0 3C15.1 3 3 15.1 3 30s12.1 27 27 27 27-12.1 27-27S44.9 3 30 3z"></path> </svg> <div class="rich-tooltip-wrapper headline-regular"> <div class="rich-tooltip-message headline-regular">Earn 4.75% APY when you deposit at least $250 per month, earn 3.75% standard APY if minimum isn't met.</div> </div> </div> <style>.rich-tooltip-wrapper { display: none; }</style> </span> </div> <div class="featured-product-cta"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" class="featured-product-link not-content-link" data-analytics-product-area="button" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - 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