hey im just getting out of college and want to start investing. i have heard of apps like robinhood and betterment that you can use on your apps and am considering using one of these. Any advice/pros/cons/warnings would be really helpful.
also general investing thread
Robinhood is fine. I've used it for awhile. It's just buying/selling stock. Don't buy shitty stock, invest in kneepads, etc
>>1851154
Betterment has pretty high fees making it a site for retards. Find a good value broker in your country and set up a savings account that buys an accumulating MSCI/Dow Jones/Whateverthefuck World ETF every month at a portion of your disposable income. Done. Everything else is retarded as fuck.
>>1851827
Betterment's fees are pretty tiny actually. Isn't it like .3% annually?
And free if you deposit $100 per month?
ROBinhood app is the shit! Without fees, you can literally but a single share of $2 stock just to get your feet wet. You can buy and sell this single stock for free, meaning you could keep your entire percentage.
I used to use TdAmeritrade's $7 trades... a single buy/sell transaction cost $14!!!
>>1852038
0.3% on top of any other fees you would be incurring, correct? If you buy index ETFs that would double your total expense ratio, putting you somewhere between a passively managed fund and an active one. If it's just 0.3% in total that's pretty good. What do they buy at full equity share?