Are you looking to change your investment portfolio on Daffy? It's a straightforward process that can be done either through the Daffy app or on the Daffy website.
In the Daffy app, simply tap on the Settings (gear icon) and then select Portfolio. From there, you can choose a new portfolio from the 13 investment portfolios that Daffy offers. If you're using the Daffy website, go to daffy.org/settings/portfolio and click on the "Change Portfolio" button on the right of the screen. Please allow a few business days for the process to complete.
Daffy is not just a platform for changing your investment portfolio, it's a community built around the commitment to give. As a Daffy member, you put money aside for charities and causes that you believe in. Your money doesn’t sit idle as it may be invested tax-free in one of our 13 investment portfolios, giving your contributions the opportunity to grow over time.
We offer a range of portfolios from Conservative, Standard, and ESG portfolios made up of high-quality, low-cost index funds managed by some of the most trustworthy providers in the industry: Vanguard, Schwab, and BlackRock. Additionally, we offer Crypto portfolios that hold pure crypto coins at Coinbase or a diversified crypto index from Bitwise.
One of the best features of Daffy is the ability for members to contribute their money to a charitable fund, receive a tax deduction, and then invest that money tax-free to grow their impact over time. In fact, 50% of Daffy members have chosen to invest their fund in one of our Standard portfolios, followed by Crypto at 32%, and ESG at 18%.
Unlike many donor-advised funds, we don’t charge an additional management fee for these investment portfolios. This makes Daffy a great option for a Donor-Advised Fund (DAF).
So, whether you're looking to change your investment portfolio or seeking a platform that allows you to contribute to charities while growing your impact, Daffy is the right choice for you.
Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.