Everyone likes to get something for free, and that includes investors. What if I told you that you could get free stocks from some brokerages? It is a little hard to believe at first, but it makes sense.
There may be tax consequences of receiving free stocks since it counts as other income in your tax return. You also may have capital gains if you later sell the stock at a higher price than when you received it.
You can receive free cash of $5 for signing up and making your first investment. You can take the $5 and buy free stocks with it. Acorns also has a rewards program where you can earn $5 for inviting friends.