Sunalmighty
Superstar
Just purchased my 1st stocks. Microsoft, B of A and Paypal.
CREATING MILLIONAIRES: POSTERS AIDING WEALTH GROWTH
- Thread starter Sunalmighty
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We Need A Small Sub Forum Dedicated To Things Like This, It Could Actually Help/Change People's Lives, The Information We Can Share With Each Other
Sunalmighty
Superstar
Ive started with purchased stocks in Microsoft, PayPal, bank of America, cisco and another smaller tech company. Ive also openes an ACTIVE INVESTOR account into a mutual fund through fidelity.
lightbearerchef
Von!!!
I believe that crash came breh
Does my roth ira gain interest if it's not invested in anything?
Honestly, this is why Betterment is a good option. Not only is there no minimum, but they choose for you, and you merely set the allocation between stocks and bonds. There's nothing to really worry about with them.
Just my 2cents.
Plus I can refer for a month free
Sunalmighty
Superstar
Im gonna have to check out Betterment. Ive always had my 401k but when that correction happened last week i knew it was time. Im gonna start with companies im familiar with and eventually diversify. I would love to own shares in Google but them shyts is near 700.00Honestly, this is why Betterment is a good option. Not only is there no minimum, but they choose for you, and you merely set the allocation between stocks and bonds. There's nothing to really worry about with them.
Just my 2cents.
Plus I can refer for a month free
yakamein
#milfhunter
Have any of you heard of an etf fund?
What type of returns do they earn for their clients?Honestly, this is why Betterment is a good option. Not only is there no minimum, but they choose for you, and you merely set the allocation between stocks and bonds. There's nothing to really worry about with them.
Just my 2cents.
Plus I can refer for a month free
And how quickly could one liquidate the account?
@BaldingSoHard could answer better since he's been with them longer. They're a fairly new company, but they pretty much choose the same etfs people always recommend you buy anyway, and their fee is low.
BaldingSoHard
Veteran
I'm down about 10k over the last month in just liquid assets (no retirement accts). That's the game tho.
BaldingSoHard
Veteran
Well up until last month, I was at 51% annualized return between Jan 2012 and August 2015, but then everyone was making money over that period.
I'd say the returns you can expect would be slightly less than what you'd get from SPY, but you'll also lose less than SPY will lose during down markets.
You can liquidate the account in 24 hours I believe. It's very fast.
lightbearerchef
Von!!!
Terrible
lightbearerchef
Von!!!
Welldamn
BaldingSoHard
Veteran
Terrible
Yeap.
And it's gonna get worse before it gets better.
Good thing I didn't have any plans for that money anytime soon.