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/biz/ - Business & Finance

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2450298 No.2450298 [Reply] [Original]

I know you guys only really care about crypto but can we have a discussion about "old school" investing? Specifically about what platforms/services are best for someone who's trying to get his feet wet.
I just want my money doing more than sitting in a bank depreciating.

What investment platforms or services do you use for your cash?
What do you like about them?

>> No.2450310

DO NOT INVEST IN INDEX FUNDS

EVERY FUCKING NORMIE DOES THIS AND IT IS GOING TO CRASH THE STOCK MARKET

>> No.2450561
File: 20 KB, 250x180, IMG_4011.jpg [View same] [iqdb] [saucenao] [google]
2450561

>>2450298
VFIAX 60%
VFORX 10%
VTIVX 20%
VFIFX10%

65k invested and it grows pretty fast

>> No.2450586

>>2450310
>t. retard

>> No.2450591

>>2450310
THIS

INVEST IN CRYPTO CURRENCY AND RANDOM COMMON STOCK

YOU CANT LOSE!

>> No.2450595

>>2450298
/g/ here I was thinking about making a platform for futures/commodities, forex, etc that works naively on other operating systems than Windows. Would anybody be interested?

>> No.2450600

>>2450298
see >>2449747

>> No.2450610

>>2450310
been riding the spy since 2010. Getting a big dividend check on friday. Feels good.

>> No.2450641

>>2450561
No VTSMX or VFINX?

>> No.2450676

>>2450298
>target retirement 20XX
>automatic contributions every paycheck
>forget about it for 40 years

>> No.2450689

Use vanguard for long term and only buy their ETFs (no fees) and use Robinhood for the short term

>> No.2450704

I recently put 10k in VTSAX

>> No.2450765

>>2450676
Do this the Fed has a huge balance sheet and will do whatever it takes to not let it tank. I also like to speculate in crypto and pm but there is a high risk/high reward dynamic in that.

>> No.2450813

>>2450595
This sounds nice. Is it similar to Meta Trader 4?

>> No.2450882

>>2450813
Yes I guess it would be like the GIMP to MT4's photoshop, Libreoffice to MS' Office, etc. But no, MT4 is shit.

>> No.2450958
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2450958

Awhile ago I posted a screnshot of a prototype I was working on one part is a Python web scraper that scrapes data from a forex broker's site and then the other part is in C++ and loads GBPUSD data from a csv file and renders it with OpenGL. Somebody posted back this edited version.

>> No.2451070

Vanguard is cheap and their website allows for easy buying monthly or whatever. Not sure what else you'd care about.

>> No.2451880

>>2450600
Thanks for the link, I spent an hour reading MMM and I already feel excited about living in a shack and eating exclusively rice and beans.

Actually though it's good to see that Vanguard is so highly recommended (by MMM and anons ITT). I'll look into opening an account with them in the next week.

>> No.2451909

All platforms are good except robin hood


Use a discount broker for cheapest transaction fees
Td Ameritrade
Scottrade
If you have bank of America, merrill edge is ok


Look up stocks to invest in using yahoo finance with high analyst recommendations

>> No.2451933

>>2450298

Fuck, this shit is for normies. Anyways, put your tendies in something that has greater than 7% growth 10 year average with low fees, and then your tendies double every decade *yawn*.

>> No.2451969

>>2450561
70% VTI
30% VXUS
here

>> No.2451984
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2451984

>>2451933
>tendies
autism.png

kys anon

>> No.2451996
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2451996

>>2450641
Company I work for doesn't offer that.
>>2451969
Nice

>> No.2452001

JP Morgan turned my 35k into 36k in 2 months. Not much return, but better than in the red.

>> No.2452539

>>2450586
Yeah, sure, retard. Finance bro here. Everyone knows this. What happens when everyone wants to cash out due to crash? Forced mass selling of every equity in the etf exacerbating the crash. Enjoy your liquidity risk.
Soon
O
O
N

>> No.2452641

Im 27

75% total US stock market

25% total US bond market

Should I put more in stocks? or keep some in bonds?

long hold at 25+ years

>> No.2452679

>>2452641
>27
>hold 25+ years
>any% bonds

bonds are generally an awful investment if you're holding long

>> No.2452703

>>2452679
Would you recommend dumping it all and putting in into total US stocks or diversify into international stocks? Emerging markets?

>> No.2452706

>>2452641

Why the bonds dude? You're young, you want growth.

>> No.2452727

>>2452703
put it all into crypto. stocks is grandpa shit.

>> No.2452731

Please keep all general investment advice coming.

>>2450600
Thank-you for pointing to this.

I'm older than I'd like to admit, freelancing, with no retirement, and I need to start investing yesterday. I have an ETrade account with stocks currently, should I switch to something else?

>> No.2452760

>>2452703
Younger means more risk tolerance

Both of those would be good

>> No.2452767

put it all in MGM, wait for 4q2017. vegas hockey starts up in a couple months

>> No.2452914
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2452914

married, is there any reason to be investing separately of each other in 2 different broker accounts, or, is there any benefit in general in having separate accounts?

>be nice, I'm not from here

>> No.2453092

>>2452706

So that he can rebalance on the drawdown.

>> No.2453107

>>2452914
Jesus christ that webm...is that your wife?

I'm married too. The tax breaks are the major benefit I guess. If you're able to generate returns you may as well invest together.