Investing for Beginners

She is not wrong in terms of setting up A house, but fidelity or Schwab will do. And yes, for starters, ETFs or a passive index will do. One tip is to look for those that pay dividends monthly. Plus invest as she stated on a monthly basis, let compound interest be your friend.

any financially literate folk willing to speak up or add to the conversation? What you all think about her advice?

Vanguard, blackrock, state street, are the main reason your food has so much chemicals, the reason the wages have a 200 to 1 ratio ceo to employee and so many other problems. But this is a journey each individual has to learn for themselves. Stay safe out there. God speed.

So basically the S&P 500 -and let compound interest work its magic?

Solid advice for ppl with busy lives and/or ppl who aren't the most financially savvy. Shout out to the Queen speaking on IBIT. I'd add a little monthly DCA into actual Bitcoin

Yea, individual stocks had me in the red in one of my accounts. Soon as I sold off the bad performing ones, and reinvested the balances into ones that are performing, went from red to green in a matter of months.

Buy xrp

Trying to figure out if she know something I don’t. Fidelity, Schwab, Vanguard big three. Vanguard?

I bought 18 bitcoin back in 2015 Sold 12 last year

Smart lady an sexy too

Nice. Great video

86k, with a average overall return. Basically waiting until you retire. I'm using that Money to Buy Investment Properties with a Greater Return...

@grok break down what she is advising

This is great advice. Too many people start off trying to trade and waste time and money. KISS

Look into some ishares aswell

Nah, just buy Tesla and enjoy a 10x

Thrift Savings Plan for me🙌🏿🙌🏿🙌🏿

How long did it take to get to 86k?

Word sis! I agree same style here. Set it and forget it.

Solid set it and forget it strategy

VOO is all you need stack that mf and watch how compounding interest work in ya favor!

VTI and CHILL.

DCA is the way regardless

I would just let it sit safe in a money market account FDIC insured and not risk any of it

Agree

@grok summarize

All horrible choices 🤣

Hard to get into and actually believe what someone says, could be selling u bs and dump a stock or some shit. All my knowledge is in electricity 😆

I invest into voo qqqm and Vxus

@grok summarise in detail so i can have something to copy and paste into my investment plan on chatgpt

Love this perspective! "Investing for Beginners" is where it starts.

Everyone has time to track individual stocks on a weekly basis and if you’re gonna hold it for a while then you’re winning.

How do you feel about options

Vanguard is trash. Customer service awful. Web site is trash. Have any problems? They'll be unable to help, and then they drag their feet when you close your account. Check out: CA Joins $106 MM Multi-State Settlement with Vanguard over Big Tax Bills

Smart!