Savvy Investing
The stock market is a powerful investment vehicle that can be used to diversify your portfolio and, with proper research, provide you with the potential for smarter returns. But knowledge isn’t enough. To be successful at investing, you have to have a plan – one that involves having the discipline to save, setting clear goals and guidelines for what type of stocks you want in your portfolio, and developing a trading strategy that matches your personal style.
FAQ
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What is investing?
Investing is the act of committing money or capital to an endeavor (a business, project, real estate, etc.) with the expectation of obtaining an additional income or profit. Investing is considered by some as “the act of assuming risk in the hope of achieving wealth.”
Explaining The Benefits of Investing
Investing is a good way to earn money in the long run. It also helps people plan for retirement. Investing can offer fixed or variable returns, depending on the type of investment you choose to make. If you’re not sure how to start investing, there are many resources that can help you get started.
Beginner’s Stock Market Investment Strategy
For beginners, it is recommended that you stick with mutual funds or exchange traded funds (ETFs) until you’re more comfortable with the market. These investments are great for those who don’t want to spend a lot of time reading about stocks and news because all of the homework is done for them. Additionally, these investments generally have lower fees which means that they usually outperform other types of investment options.
Charles Schwab
Your options to buy and trade stocks, mutual funds, ETFs, CDs and more are endless.
Some of My Favorite Features
- Updated trading Insight tools
- Competitive fees
- No maintenance inactivity fees
Stash
With a low monthly subscription of ONLY $1 you can start trading Stocks, ETFs, and now Crypto
Some of My Favorite Features
- Financial counseling advice
- Fractional shares starting at $0.05
- Stock reward parties
Robinhood
Commission-free investing on stock, NFT, Option trading, and more. You will also get a free stock after signing up!3
Some of My Favorite Features
- Easy to Use
- $0 commission on any trades
- Chance to get a free stock up to $500
Webull
Diversity that millennials are growing to love. A social way to invest!
Some of My Favorite Features
- 2 fee stocks just to get you started!
- $0 commission fees
- Buy or sell fractions of crypto currency
TD Ameritrade
Your options to buy and trade stocks, mutual funds, ETFs, CDs and more are endless.
Some of My Favorite Features
- Updated trading Insight tools
- Competitive fees
- Great Customer support
Acorns
With a low monthly subscription of $3 for you or $5 for your family to invest spare change.
Some of My Favorite Features
- Get paid up to 2 days early
- Invest into retirement goals
- Bonus Investments