Buying Stocks

Good choice on VTI. That’s one of my favorites. We hold a majority of our Roth’s in it. The expense ratio on any etf I ever traded is taken on their end out of the dividends they get or whatever source of cash. You don’t get a bill for it.

As far as “cheap” vs “expensive” stocks i suggest you start your studies at market cap and shares outstanding. Next study price to earnings ratios. Stock prices can be misleading to new investors. Every company has a different number of shares outstanding so you can’t tell how cheap or expensive a stock is just by looking at the price.

 

VTI is Vanguard's second largest holding and for good reason. It's my core fund as well except I invest in the admiral version known as VTSAX (less maintenance for reinvesting).

Another good one to consider is VTMFX:

https://www.morningstar.com/funds/xnas/vtmfx/quote

 

Anyone use Robinhood?

good vs bad of using it!


Thanks

 

I don't see much a reason to use it with everyone else at 0 commissions on regular trades these days. I know they have had a few high volume days where their systems locked up in the last year. At the end of the day I think you'll be just fine if you use them, but for the same or slightly higher cost (td still charges .65 per option contract, not sure what robinhood does there), I'd rather run my stuff through one of the big brokers.

 

Robinhood has a fantastic interface and pretty intuitive graphing. I use it as my account for options trading since it's super easy to place trades from the web or with their app.

Like the guy above me said, every broker is commission free trading now. And all their apps get kinda screwy on heavy trade volume days.

If you want to sign up for RH, feel free to use my referral link. You'll get a free stock and so will I! https://join.robinhood.com/nickh2623

Edit: No fee for options trading on RH

 

I use Webull which is a direct competitor to Robinhood. Super easy to use and they offer a bunch of free stock for signing up and also for completing some of their learning courses. Super easy. I have a total of 5 free stock and that was without referring anyone.

If you signup with my link you get 4 free stock. Easy money.
https://act.webull.com/nt/KBWIXpXgQTYF/a17/inviteUs/recommend_1531_A_advert

 

A little bit of an older thread, but.....

I'm using M1, because I can buy 'partial' shares, so if I invest $20 bucks of a stock that's $200 a share, I get a $20 portion until I invest enough to buy full shares. It's fun to be able to play with, and buy multiple stock with a couple hundred bucks.

 

Used Scottrade and now TD Ameritrade. Plenty of tools to build that fortune!!!