I like etrade and interactive brokers.
I don't trust Robinhood. They've screwed their users before, and they use user order info to front-run markets. That's why it's "free."
That's kind of why I was asking. I started to open an account years ago, but they locked people out of Gamestop (or something like it), and that made me pause, so I abandoned that idea. So etrade is pretty solid and safe?
Not to show my age or anything, but we recently converted some paper shares we found in the bank safety deposit box into electronic shares.
Pain in the rear adding them to accounts we've had for a long time. They are dividend paying stocks we've been auto reinvesting for decades. The plan is to add them to an income stream at retirement.
I use
https://tradingeconomics.com
for general market info.
Pain in the rear adding them to accounts we've had for a long time. They are dividend paying stocks we've been auto reinvesting for decades. The plan is to add them to an income stream at retirement.
I use
https://tradingeconomics.com
for general market info.
I'm just really starting out. Late but better than never. 401k has been riding S&P500 forever and has done decently. Started using the stock investment with my SoFi account and have done OK. A lot better than it sitting in a standard savings account.
Lots in a S&P500 ETF and some stocks for companies I use. I like the "set it and forget it" ease of the ETF. Might lose it all tomorrow....
Lots in a S&P500 ETF and some stocks for companies I use. I like the "set it and forget it" ease of the ETF. Might lose it all tomorrow....
AOSJ
TJ Enthusiast
AOSJ
TJ Enthusiast
I used to use a Schwab brokerage account but then my bank (Chase) came out with a free brokerage platform that is embedded in the Chase app. You can buy and sell right in the app with no charge for trades up to a certain number of transactions.
Not changes so much, just differences. It's been like this for quite a long time.
In general, safety = lower returns, with very safe options yielding negative returns when you account for inflation.
Cash is the worst, but good to have for emergencies.
CDs are a great way to "lose money safely."
Money Markets almost keep up with inflation, and are the default "cash equivalent" bank/brokerage option. But you need to have enough money to open an account.
I've got some of these that were bought when I was born and you're not kidding I've tried 3 times to transfer them and it never works.
At this point I'm just gonna let em sit and cash them out for something like a wedding when it's time
Not exactly the same, but I had a hell of a time taking control of an account in my name after my grandpa died. My name was on the account, I was over 18 and I had a death cert, but I still had a ton of hoops to jump through before they allowed me to take over. Funny, they let me buy additional shares during that time.
Around that same time I tried removing my dads name from a custodial account he had set up for me (different company). They made that shit so hard that I just abandoned efforts and have just let it ride. I guess I need to get back on taking control of that one.
AOSJ
TJ Enthusiast
I use Robinhood. I am not playing with large sums of money, few hundred bucks here and there is all.
AI agents are using bitcoin with full independence: they created their own wallets, have their own encryption keys, and are making their transactions with 0 human input or direction.