/biz/ - Business & Finance

>>56354201
you haven't run the numbers. Walk with me through an example:

OP the rentcuck lives in various rental houses for 30 years, while chad pepe buys a house with a 30 year mortgage

after 30 years OP the rentcuck has spent more money on rent than what chad pepe spent paying off his mortgage.

and now chad pepe owns a house, which he can sell for a lot of money, while OP the rentcuck owns nothing and still has to pay rent on the first every month, just like he's been doing for the last 30 years, just like he'll be doing until he's dead.

>>56171830
for general stock trading, pretty much any brokerage that isn't a literal scam is fine.

these days they all have $0 commissions for buying and selling stocks, so price-wise there's no difference between any of the brokerages that have been listed in this thread.

I guess the one choice you can make to save money is NOT choosing Robinhood, because it's a proven fact that Robinhood front-runs your orders and gives you worse prices than other brokerages. Between settlements and fines they've paid out over 135 million dollars, but they still keep doing it because payment for order flow is their entire business model.

eventually you'll find yourself needing more features from your brokerage account.

maybe you want your tax software to connect automatically to your brokerage account so you don't have to enter all of your stock trades manually when filing taxes.

maybe you want to roll over your 401k from a previous employer to an IRA in your brokerage account so you can see all your investments in one place.

maybe you want after-hours stock trading. Maybe you want to enable options trading.

maybe you want to use your brokerage account as a place to research stocks by looking at analyst ratings and deep diving into the company financials.

a brokerage that's going to be able to help you with all of that is Fidelity or Charles Schwab.