What platform to invest on?

Microsoft girlxx
Jul 18, 2018 22 Comments

M1 Finance? Robinhood? Betterment? Wealthfront? Schwab? Wealthsimple? SoFi? Vanguard?

comments

Want to comment? LOG IN or SIGN UP
TOP 22 Comments
  • Microsoft b7b7b7b7
    Vanguard
    Jul 18, 2018 4
    • Google / Eng
      actim

      Google Eng

      PRE
      Nvidia
      actimmore
      Literally the worst user interface out there. Lookls like it's developed by a group of 2nd year college students in a waterfall process in php3.
      Jul 18, 2018
    • Microsoft qbys57
      Who cares, Vanguard is the best deal. You don’t need a robo advisor, just buy VTSAX.
      Jul 18, 2018
    • Microsoft maximsft
      I find it hilarious that they literally implemented login via voice recognition. Somebody at vanguard actually greenlit and paid for that to be a thing instead of improving their UX.

      That being said vanguard is great if you're a high net worth buy and hold type investor, once you have flagship status (1M assets) you get some nice benefits.
      Jul 18, 2018
    • LinkedIn Yearning
      What are these benefits at Vanguard after 1MM worth of assets?
      Sep 21, 2018
  • LinkedIn Dinar
    Vanguard + M1Finance. Those roboinvestors such as wealthfront and betterment will eat your capital through high fees.
    Jul 18, 2018 5
    • Microsoft girlxx
      OP
      Why vanguard and not just m1?
      Jul 18, 2018
    • Microsoft maximsft
      Because Vanguard has been around for decades, has trillions of dollars under managent, and as a result will likely still exist in 50 years, whereas all the various roboadvisors/tech startup-y "revolutionary new finance platforms" could run out of seed money and go belly up at a moment's notice and be a huge PITA to sort out tax wise. An often-unmentioned downside of automated tax loss harvesting is that your tax forms will be literally hundreds of pages long and filled with micro sells, and the concept hasn't been around enough to provide data that proves it is worth the .5-2% fee they charge

      IMO if you're with MSFT and getting your stock awards/ESPP managed by fidelity, you may as well stay there just so you have only one company to deal with. The ER's are the same or better than Schwab/Vanguard and there's no commission on most things.
      Jul 18, 2018
    • Microsoft girlxx
      OP
      Makes sense thnx
      Jul 18, 2018
    • LinkedIn Dinar
      With Vanguard, you can set up auto investments of mutual funds, and with M1Finance, you can set up auto investments of ETFs.
      Jul 18, 2018
    • LinkedIn êçhõö
      Vanguard is going to make it free to trade nearly every ETF starting August (very few exceptions). Unless you're trading individual stocks or cryptos it's becoming a no-brainer to use VG.
      Jul 18, 2018
  • GoodRx 👹 boo
    Vanguard.
    Jul 18, 2018 0
  • Microsoft BiggieMac
    Robinhood
    Jul 18, 2018 0
  • Facebook IUoiQnsff
    Betterment!

    Here is my referral: https://bit.ly/1e1EYJv
    Jul 18, 2018 2
    • Microsoft girlxx
      OP
      Nice!
      Jul 18, 2018
    • Facebook IUoiQnsff
      But seriously, I use betterment and its pretty good.
      Jul 18, 2018
  • Intel Dragon0072
    Wealthfront
    Jul 18, 2018 0
  • Oscar / Eng
    tc/gtfo

    Oscar Eng

    BIO
    Hi. I am real and I am pretty friendly. Just here for some happiness.
    tc/gtfomore
    But each platform is good at one or two things. I heard Schwab is the best for serious investors? Because support is 24/7 and guys are “knowledgeable”? Thoughts on that?
    Jul 18, 2018 2
    • Microsoft !=Leetcode
      Ameritrade and thats it. At least for reaearch and indicators on options. U can trade somewhere else with lower fees though.
      Jul 18, 2018
    • Google / Eng
      actim

      Google Eng

      PRE
      Nvidia
      actimmore
      Schwab's support is great. Needed it a couple times already. Interface is nice too, fees not too high and plenty of transaction-fee-free ETFs.

      Or interactive brokers for accounts over $100k for cheapest margin / fees.
      Jul 18, 2018
  • New cqof10
    Buy bitcoin
    Jul 18, 2018 0
  • Microsoft !=Leetcode
    Ameritrade and thinkorswim only.
    Jul 18, 2018 0