Just turned 18, want to invest with something like robinhood

>>1277358
It'll be boring, but over time you can reliably grow that 100$ ~7-11% long term (over 5 years). If you have a lot of time you could start researching companies and, while taking more of a risk, could reliably get ~20% a year. But that's still not to exciting. You could speculate - gamble and lose or gain 100% in a year. Not reliable and will likely lose the money due to the way humans think. If you have the patience and have no better plans for the money, make it grow until you can use it as a downpayment on a loan to start whatever business you were thinking about, make that grow, if youre doing it right, you'll start making exciting money

>>1277358
>is there any money to be made?
No, but if you open an ira you have a big leg up on people that wait until they are over 30 to start investing for retirement.

Yeah I guess that's what I figured, I just am asking if individual stocks is a good thing or what other apps are out there?

>>1277389
no, individual stocks are not a good long term investment over an index fund or even an etf.

>>1277358
If you're only investing a couple hundred dollars, Robinhood is most likely your best bet so you don't get raped by transaction fees. It's meme tier for high value investing, but pretty much designed for low-value speculation like what /biz/ shitposts about.

>>1277441
>investing
>raped by transaction fees
Tell me about it.
I invested money 5 years ago, and I'm still pissed about the $20 I had to pay in commission.
When I look at how much that money has grown, it's that $20 that ruins the whole thing.