First, move off Robinhood. Second, start with an IRA account with any real brokers: Fidelity/charles shwab/etrade M1 is also a good choice for newbies. If you don't want to spend time studying the market, just do recurring buying spy, that's easiest but the best way to go. Don't gamble meme stocks, at least don't buy too many... I believe Crypto is the future but I also believe there is a crash for crypto within a year. Good luck
Robinhood is a well designed tool for hedge funds to rip off retial investors. OP, when you invest, you want to get rich in the long term, you want the best execution, best education, and information, safety, and reliability, not "the best user experience" designed to encourage day trading/gambling. BTW, tons pf study shows that the best-performed retail accounts is those with very few trading activities.
Exactly, if you are doing very few trades, RH is best IMO. See all retail brokers do PFOF, every single one of them. Coming to execution price, rather than paying 5 dollars per trade, I would rather pay 0.05 dollar per trade in PFOF.
Its like saying Azure doesn't even own your backend service. Azure is just a platform, you create the backend service, you own them. They don't. They just host it on your behalf.
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Second, start with an IRA account with any real brokers: Fidelity/charles shwab/etrade
M1 is also a good choice for newbies.
If you don't want to spend time studying the market, just do recurring buying spy, that's easiest but the best way to go. Don't gamble meme stocks, at least don't buy too many...
I believe Crypto is the future but I also believe there is a crash for crypto within a year.
Good luck
OP, when you invest, you want to get rich in the long term, you want the best execution, best education, and information, safety, and reliability, not "the best user experience" designed to encourage day trading/gambling.
BTW, tons pf study shows that the best-performed retail accounts is those with very few trading activities.
#JustMyOpinion
Ever wonder why transfers out sit for many weeks in limbo and not all shares were transferred.