I just opened baby's first brokerage account with ~3k and

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/biz/

teenagers buying "weed companies" or "cryptos" with their pennies

>>1907987
>t. butthurt poor nocoin, notoker
shouldnt you go contribute to your ira or something poppop

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>>1907984

Honestly just invest it in an S&P 500 ETF or something similar. Picking stocks is very hard and you're probably going to see better results if you just invest in the market as a whole instead of trying to pick winners.

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>>1908012
I know this is the smart move and what I plan on doing with the majority of it any good ETFs you would be so kind to recommend? My dad said this is the first week of sell-offs in a while and it's the time to buy while the market is down and I'm ready to pull the trigger

I also am willing to take a significant portion (maybe 500-750) in individual stocks. If shit hits the fan I can stomach losing the majority of it cause I don't have expenses to worry about

>>1908038
Personally I go with USAA funds because I bank with them and it is convenient.

I would look into Vanguard funds, they have a good reputation for having low fees.

>>1907984
>that will eventually be bigger than big tobacco

Big tobacco is already preparing to muscle it's way in the second it becomes legal on a reasonable scale. Big tobacco companies WILL become the big marijuana companies.

what you want to do is buy the big 3 canadian companies

weed
acb
aph

got to find their otc names

>>1908206
Big tobacco will buy out all the little weed companies, so buying and holding good weed companies isn't a bad idea if you want to get money on the buyouts.

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Look Daddy, I did it

>>1909574
>buying into a bubble

>>1908276
All overpriced.

>>1908038
>schwab
fuck an etf, schwab's sp500 and total market mutual funds have a $1 entry and the lowest expense ratios at 0.03%, beating vanguard now

i was buying shares of vanguard etfs to get the 0.05%er without the $10k min but just opened a schwab brokerage alongside the roth ira i've had there to start throwing small amounts into swppx and/or swtsx