/biz/ - Business & Finance

[Anonymous No.56170928]

What's the best brokerage website for a noob?

[Anonymous No.56170950]

DON'T

[Anonymous No.56170992]

>>56170950
and do what?

[Anonymous No.56171041]

>>56170992
Buy xrp and link, put them in cold storage, and wait. You’re welcome

[Anonymous No.56171043]

>>56170928
Vanguard
Buy and hold the appropriate Target Retirement Fund.

[Anonymous No.56171176]

>>56171041
that sounds gay

[Anonymous No.56171212]

>>56170992
fidelity so far has been the best experience. easy to connect other accounts, no random account freezes

[Anonymous No.56171350]

>>56171212
What about Investment Broker?

[Anonymous No.56171673]

>>56171043
>open a vanguard account and buy vanguard ETFs
1) this opinion reeks of onions, reddit, and estrogen
2) you don't need to open a brokerage account with Vanguard to buy Vanguard ETFs; you can buy Vanguard ETFs using literally any broker
3) Vanguard ETFs aren't even the lowest cost ETFs anymore; there are multiple broad market ETFs with zero expense
4) there are much, much better brokerages out there like Fidelity or Charles Schwab... Vanguard's interface is horrible and I'm pretty sure it hasn't been updated since the 1990s

[Anonymous No.56171682]

DIS DOG BE MFUNG FLYING

[Anonymous No.56171687]

>>56171350
>what about Investment Broker?
I think you mean Interactive Brokers

anyway I like Fidelity personally

[Anonymous No.56171700]

>>56171687
Investment Interactive, potato patato

[Anonymous No.56171727]

>>56171350
you mean Interactive Broker? theyre ok. better withdrawal/deposit limits but it was harder to connect to a US bank (account freezing) and ACH transfers take literally a week

[Anonymous No.56171830]

>>56171727
But for general stock trading, it's good?

[Anonymous No.56171853]

>>56171830
no idea i dont trade stocks

[Anonymous No.56171973]

>>56170928
I use TD as my bank and TDAmeritrade as my broker for as long as I can remember. No deposit or withdrawal problems, good execution…only crypto they have is a couple futures, don’t really use it for that. I trade forex and futures, can’t remember any significant problems ever. I trade in the US, use Kraken for crypto. Fees are reasonable, rather standard for all that’s out there.

[Anonymous No.56172382]

>>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.

[Anonymous No.56172480]

What's the best thing for day tick trading the s&p? Something not complicated where it looks like a C130 cockpit. Thanks.