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How does one invest in stocks, crypto, etc.?
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Dan Loehr
Posted 3/2/2024 08:41 (#10647913 - in reply to #10647805)
Subject: RE: How does one invest in stocks, crypto, etc.?


Holland, Indiana (SW IN)		Starting in ---do the easy thing any of the above mentioned trading firms
IMO don't pay a money manager do your own research do your own trading ---ask NAT for help if needed or ask Schwab
I like Td Ameritrade (soon to be Schwab) then you can access Think or Swim
Then buy IMO a mutual fund that has low expenses I like a Vanguard VIGAX
OR do the ETF VOO Is a Vanguard managed fund that mirrors the S+P 500
Any extra $ put in SWVXX pays over 5% and is readily accessible
Then with poker money (Money you can loose) get your feet wet individual stocks or Crypto ETF's
You can do as few shares as you want
High risks High gains or High losses ---more excitement
unless you are doing commodities-or buying on margin - losses are limited to the amount bet

Dan

IMO don't go to Edward Jones (where I started) they are helpful but you pay for the help-- do it yourself


Edited by Dan Loehr 3/2/2024 08:45
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