I'm gonna keep this quick and simple: I'm a fucking

buy some exxon (xom). it will go up, eventually. pays a nice dividend too.

>>1821146
No


OP look into index funds or if your job has a 401k then ask about the stable value fund.

>>1821146
I don't think you understand, I'm a FUCKING idiot. I don't frequent this board. I have absolutely no idea if exxon is doing good or bad financially and I don't even drive a car these days. This could be bait and I wouldn't even know.

I don't even have a stock trading account, I don't really know when to start. From my very limited research I did years ago it seems like Scottrade was pretty good but idk.

>>1821143
If you only want to invest and let it sit, bonds are very safe. Index fund ETFs are pretty reliable too, but they'll dip sometimes. Gold is a bad investment unless you think the apocalypse is coming.

Find a good broker and open an account. Robinhood doesn't have fees to buy and sell, buy you can only buy stocks and ETFs, so you'd have to be clever to invest in anything else. Also, if you want to make it a retirement fund, open a 401k or an IRA for the tax sheltering.

>>1821170
why do you think gold is bad to let sit? Just because it isn't making you money actively or because it's value is depreciating somehow? Or is it just too costly to exchange money for gold and back again?

I feel that investing in gold is sort of worthless because if in america it ever gets to a point where the dollar is worthless and gold has value, we're basically fucked anyways so who cares.

Where would be a good place to start looking for a broker? Do I just go by their overall success rate or affordability or what?

>>1821143
>I want to invest some capital in something low-risk like a mutual fund.
>I'm a fucking idiot

Idiots and newbies don't use words like capital. >>/qst/
Anyway, Just put it in an index fund in vanguard if you won't be needing it in the next couple of years. If you will need it in the next couple of years put in an ally high interest savings account.

>>1821153
>I'm a FUCKING idiot

Here's a good place to start:
https://www.khanacademy.org/economics-finance-domain/core-finance/investment-vehicles-tutorial

I suggest not taking any advice here, until you know enough to evaluate if it is good or bad.

If you don't want to take that time; just invest equal parts in VTI (large companies) VEU (excluding US), VWO (Developing nations). That should spread your money around the entire world.