Hey, new to /biz/ and was wondering should i use e-trade to invest in stocks or should i go straight to a firm for trading.
robinhood.com
really though you're most likely better off just putting your money into a mutual fund
>>1373687
could you explain why?
i have around 2k im wanting to invest and just want to know more
>>1373781
Robinhood has no fees. Etrade costs $10 per trade so it takes $20 from your profits every time. Unless you put in 10k and get free trades for a while.
No one on this board will tell you to go to a real broker
>>1373785
is robin hood worth investing that much in?
and how does robin hood make its money without fees
>>1373682
>No one on this board will tell you to go to a real broker
Seriously. Go to a real broker.
Robin hood is a gigantic rip off.
>>1373785
If you are trading so often and in such small amounts that $20 per two trades matters to you, you have already failed.
>>1373891
>Robin hood is a gigantic rip off.
>Doesn't charge commission.
>Rip off
lol what a faggot.
seriously though OP if you want to start investing and are serious about growing the account i would go with a good broker like etrade or your bank might have an investment account.
If you want to fuck around and get your feet wet, just try out robin hood.
>>1373891
>Robin hood is a gigantic rip off.
in what way?
I would say robinhood seems pretty good but I cannot use it since I live in canada
>>1373907
18 and over for this board.
>open a Robinhood account
>play with shares $5>
>while doing this read everything you can. Absorb knowledge, apply theory
>review results, don't just look at it as "I made money!/I lost money!", actually work on understanding how you profited, or what the mistake was that lead to a loss in money
>TAKE PHYSICAL NOTES! Leave these notes in plain view, frequently go back to them
>never stop acquiring knowledge
>>1373682
It depends how much money you have to invest and how much help you need investing. Bankers charge (relatively) high fees for their advice but they know a lot more than anyone here and (usually) steer you in the right direction.
