who here /stash/?

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Anonymous
who here /stash/? 2017-02-16 11:23:46 Post No. 1803314
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who here /stash/? Anonymous 2017-02-16 11:23:46 Post No. 1803314 [Report]

been with it for 3 weeks now. ETFs are solid but returns are less than expected given how much money I put in. is it worth it? am I overestimating my returns? is acorns better or are they both memes?

Anonymous 2017-02-17 02:13:31 Post No.1803578
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Anonymous 2017-02-17 02:13:31 Post No.1803578 [Report]

>>1803314
Why not get Robinhood and directly invest in ETFs and the like?

Anonymous 2017-02-17 02:27:40 Post No.1803597
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Anonymous 2017-02-17 02:27:40 Post No.1803597 [Report]

>>1803314
investing is a very slow process and returns take time to accumulate. Part of returns can be dividends which are usually every 3 months while appreciation of stock price generally is a slow up and down slide, but up in the very long term.

>>1803578
I looked at both options a while ago and will provide my input on this.

If you want to buy fractional shares and be less involved (more advice) then Stash is the better choice.

If you want no hand holding and don't care about fractional shares then Robinhood is better.

Dividend modification can be an issue also but I prefer to use it to reinvest how I want it, making Robinhood superior. Some people like it automatically reinvested.

Anonymous 2017-02-17 02:28:33 Post No.1803600
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Anonymous 2017-02-17 02:28:33 Post No.1803600 [Report]

>>1803578
Quick question, was thinking about tryin robinhood with like 100 bucks to toy around for a bit. Do I have to file the profits I make as taxes (college student no job)

Anonymous 2017-02-17 02:32:36 Post No.1803604
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Anonymous 2017-02-17 02:32:36 Post No.1803604 [Report]

>>1803600
I can't answer that as I just started today with near the same amount. I just plan on having my tax guy do it all at the end of the year.

>>1803597
I never really gave these change investing apps a second look. I'm sure they definitely have they're place like you point out.

Anonymous 2017-02-17 02:33:38 Post No.1803606
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Anonymous 2017-02-17 02:33:38 Post No.1803606 [Report]

>>1803604
their*

Anonymous 2017-02-17 03:14:27 Post No.1803689
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Anonymous 2017-02-17 03:14:27 Post No.1803689 [Report]

>>1803600
You don't HAVE to, but you would be breaking the law if you didn't. If that's all the money you made, you shouldn't have to pay anything on it unless you made a fucking shitload.

Anonymous 2017-02-17 03:25:53 Post No.1803706
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Anonymous 2017-02-17 03:25:53 Post No.1803706 [Report]

>>1803600
short answer is yes
remember, Robinhood (or any broker) will file their copy for their taxes to the IRS and send you a copy. You take your copy and add it to your taxes. If your taxes do not match what they receive, that is when they question it and penalize you if you withhold it.

Just keep in mind you can report losses as well as gains, if you want to offset capital gains.

Anonymous 2017-02-17 10:13:28 Post No.1805358
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Anonymous 2017-02-17 10:13:28 Post No.1805358 [Report]

>>1803314
Damn, stash actually looks a lot better. Acorns doesn't give you control over your individual holdings.

Question:
Does Stash let you allocate your holdings by telling them what percentage of each ticker you want?

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/