Get a td Ameritrade account or a similar company. Link it to your bank account. Deposit money. Then find a stock, bond, mutual fund etc. that you want to buy and buy it. Most nowadays have free commission on trades
I think that's the problem or more pedes would be doing it, its all foreign language to me and I just don't understand it really, and afraid to dump several hundred dollars into something I dont understand. Wish somebody would set up a guide here that really knows what they are doing, and could explain it in simple terms.
I'm a big poker player, is it possible to put money in and have a big payout a year or two later with this? Or is it all long long term stuff, is what kind of confuses me.
Look into basic strategies that involve, taxes on capital gains and dividends It’s not super complicated after that. Pick a stock, fund, company you’re interested in and buy within your risk tolerance.
Personally I’m reducing my funds investments because it seems redundant with my 401k and roth accounts.
No. It’s way easier to set it up on a computer then buying and selling are much easier on those apps once it’s setup. You can create a td ameritrade account on a computer in like 10 minutes. Wait the 3-5 business days or whatever it is once you link your bank account and for the money you transfer to clear, then you’re good to go on an app. I buy most all of my stocks through the app but only use the computer to look at their stock screener
This isn't really an argument. Other than gps what is easier on a phone compared to a computer? Also that's stupid how da fuck do I trade at work dude.
Robinhood is pretty intuitive and great for buying and holding (it has worse fills for options, but don’t mess around with those first thing). Free trades too.
Otherwise, TD Ameritrade has a good website. They have an app too (Think or Swim), but the interface can be confusing. The website is pretty straightforward though.
You just have to provide your social for tax purposes, then link a bank account to transfer money. Then buy stocks you like. I recommend looking for ones that pay dividends first.
Get a td Ameritrade account or a similar company. Link it to your bank account. Deposit money. Then find a stock, bond, mutual fund etc. that you want to buy and buy it. Most nowadays have free commission on trades
I think that's the problem or more pedes would be doing it, its all foreign language to me and I just don't understand it really, and afraid to dump several hundred dollars into something I dont understand. Wish somebody would set up a guide here that really knows what they are doing, and could explain it in simple terms.
If you are investing in your future, Dave Ramsey and Chris Hogan are the people I would follow.
I'm a big poker player, is it possible to put money in and have a big payout a year or two later with this? Or is it all long long term stuff, is what kind of confuses me.
Cash is KING!
Don't fuck with anything you don't understand.
Look into basic strategies that involve, taxes on capital gains and dividends It’s not super complicated after that. Pick a stock, fund, company you’re interested in and buy within your risk tolerance.
Personally I’m reducing my funds investments because it seems redundant with my 401k and roth accounts.
That's literally what he said was ass. That's the same thing.
No. It’s way easier to set it up on a computer then buying and selling are much easier on those apps once it’s setup. You can create a td ameritrade account on a computer in like 10 minutes. Wait the 3-5 business days or whatever it is once you link your bank account and for the money you transfer to clear, then you’re good to go on an app. I buy most all of my stocks through the app but only use the computer to look at their stock screener
This isn't really an argument. Other than gps what is easier on a phone compared to a computer? Also that's stupid how da fuck do I trade at work dude.
You can learn a lot at bogleheads.org. I don’t necessarily follow their strategy, but it’s a good place to start...
Very easy to use.
Which app did you use?
Robinhood is pretty intuitive and great for buying and holding (it has worse fills for options, but don’t mess around with those first thing). Free trades too.
Otherwise, TD Ameritrade has a good website. They have an app too (Think or Swim), but the interface can be confusing. The website is pretty straightforward though.
You just have to provide your social for tax purposes, then link a bank account to transfer money. Then buy stocks you like. I recommend looking for ones that pay dividends first.