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The first 100 people to use code MONEY with the link below will get 20% off of Incogni: https://incogni.com/MONEY
whaaaaaat
Gamblingfication
Yes. High interest debt repayment & savings first… Only basis possible for a good investment strategy.
Excellent and informative content, thank you.
Should note that Schwab doesn’t normally have commission fees for most equity transactions (although some options transactions may charge a fee).
I can save up around 200€ a month but hey, either you stock pile and buy strategically or you buy whatever you feel is worth from a watchlist. I just have a good emergency fund and no debt, this is achievable. Is my return good? Aside from that one stupid mistake, yes, and who cares, it's all long term investment. What I should have done was just buying ETFs but I didn't do that, that said I am still looking at a 20% increase on some shares, so it does work but yyou have to wait.
It is all gambling for ordinary people.
Frankly. The more I learn about “the economy” the more it all just feels fake.
Here's some financial advice for you:
Pay off your debts first, credit cards have 20% percent interest rates and you're not beating that in the market. Once that's done, what's your risk tolerance? If you're very intolerant of risk, put your money in a high yield savings account. The more you tolerate risk and the longer you plan to hold your investment, the more of your monthly contribution to your savings account should go to investing in index funds, something like the S&P 500 or Dow Jones. That's how you grow wealth
In actuality, this just shows how the stock market is gambling, just with a fancier casino.
It's even got the match fixers who can watch, halt, or kick you out if you beat them at their own game.
Too many adds
soooo most robinhood users happen to be complete morons. i believe it.
Basically, gambling and investing aren’t the same thing. And if you’re zero commission platform is backed by a high frequency trader then they are running ahead to buy what you’re about to purchase so you’re losing money anyway.
I hate to be a shill for a product, but Revolut’s “Metal” plan is pure gold. You get 10 commission-free trades per month, FT, Nord VPN, Perplexity and some other services for a lower price than each of them alone. Not bad in today’s gamified market
Charles Schwab has not Charged a commission for several years. You need to research this.
It's a good thing actually that brokers don't get to screw you over every time you want to change a position.
Just stick to limit orders on these free platforms.
If someone could truly spare $100 per month to invest, it probably is a good idea for them. But to know that you have exactly $100 available means that you are highly controlled over the rest of your finances and risks. That type of person, not always but often, would be the type to earn more than $100 surplus per month.
Then what stock brokerage would you recommend
As much as I lament the poor decisions my peers make investing, it's keeping the pool of active investors healthy, which benefits passive VT holders like myself…
Robinhood adding sports gambling tells you everything you need to know about that company. When I saw that I immediately took all my money out and moved it to a real brokerage.
We get mad at the culture we're all guilty of creating
Lol the AI generated game at 0:22
A person holding a left-handed AK, in their left hand, but towards their right shoulder.
Without these gamified investors us long term investors would probably see less returns
11:21 that is still A LOT.
Vlad Tenev is the single biggest corporate shill of all time. Scumbag
S&P 500 hasn't been around 100 years.
No. investing should be fun because praetorian of the world should suffer from uncertainty of market situation….like NOW!
Make World Great Again, Trump!
You say people that put $100/mo in stocks shouldn’t be investing. What if I have my emergency fund built, a 770 credit score, no debt, a stable job, and have ~250/mo to put away? Where is a better place to be making money at that point?