Which I am when it comes to investing and wanted to open an online brokerage account and invest say $1000 into an ETF how would get started on this process and what are some good resources to use to research what the best brokerage account would be?
A grand seems like a nice round figure, for myself anyway, to invest and learn how this industry works.
What's your advice?
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To remove first post, remove entire topic.
Which I am when it comes to investing and wanted to open an online brokerage account and invest say $1000 into an ETF how would get started on this process and what are some good resources to use to research what the best brokerage account would be?
A grand seems like a nice round figure, for myself anyway, to invest and learn how this industry works.
Go with a brokerage that is available everywhere with no minimums and fees, I would suggest a place like Ameritrade or Fidelity versus a dump like Robinhood
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Go with a brokerage that is available everywhere with no minimums and fees, I would suggest a place like Ameritrade or Fidelity versus a dump like Robinhood
Read a few books. The intelligent investor is a great read. And while your reading/learning you can have a few different stocks/etfs on a watchlist to get a feel for their volatility. There is a million different strategies, find what will work best for you. My son has been at it for about a year now and has stuck pretty much to dividend investing ( letting his money make more money for him.). He has been very successful for his age. It¡¯s all about getting in and getting familiar with the terms and all the different sectors, ect ect. So much to learn, but have a plan, see it out and you can really make money work in your favour.
See you at the window.
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Read a few books. The intelligent investor is a great read. And while your reading/learning you can have a few different stocks/etfs on a watchlist to get a feel for their volatility. There is a million different strategies, find what will work best for you. My son has been at it for about a year now and has stuck pretty much to dividend investing ( letting his money make more money for him.). He has been very successful for his age. It¡¯s all about getting in and getting familiar with the terms and all the different sectors, ect ect. So much to learn, but have a plan, see it out and you can really make money work in your favour.
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