☝️ Looking for advice on what platform to get started. I’m balancing APPL to another stock or S&P500 index. Thanks!
Other. What's with all the bad options?
I know a sub Reddit where folks are pretty intelligent and are having good track record. Please ask there: r/wallstreetbets
Inverse WSB. Literally can’t lose money
I learnt my lesson that Robinhood isn’t worth it. You can’t sell by tax lot. End up paying tons more of taxes than what I could have.
Can you explain more? How can tax vary on change of trading platform?
Also interested
I use TD Ameritrade. - No transaction fee for stocks and ETFs, just like Robinhood - Robust trading platform (Thinkorswim) if I choose to use it - Margin available, if you know what you’re doing - Brick and mortar branches available - Real customer service - An Individual Brokerage account has a cash management account built-in, with checks, debit card, and bill pay available. - A lot of educational material available It’s probably less than ideal for a PROFESSIONAL day trader, but for 99% of people who still keep a day job, it’s good enough. For a beginner in investing, you can do much worse *cough* Robinhood *cough*.
Merrill lynch
I hope you're joking.
He's not joking. Read my comment below.
Vanguard is free for stocks as well
Merrill Lynch for the simple fact that the credit cards attached to a free BofA account gives me 5.25% in categories and 2.625% on everything (auto deposited after $25 cb) Plus I got a $900 bonus to open the ML account....and free trades. Trading is fast and have already made good money on my SPY.
Thanks for sharing! How did you get the 900 bonus? Don’t see it on ML website
TD or Interactive Brokers. Portfolio Margin or bust. Reg-T margin sucks. Doesnt Robinhood make you pay a subscription to use margin like wtf
Youinvest by Chase
What’s good about Youinvest?
I’m using this now as well, it’s also free like Robinhood, you can choose tax lot to sell, and money in there counts towards your chase bank assets, that can give you bonus reward points and private client membership that provides tons of benefits.