I just got $500 to put into a Scottrade account. I'm supposed

>>3377608
>$500
>investing in stocks
>using scottrade instead of robinhood
nice you'll have $40 a year from now if you go all in on 1 good stock. not including diversification because you can't afford commissions.

>>3377716
I didn't get to choose Scottrade, that's what the check was written for.

>>3377740
I would withdraw all of it and put it into crypto. But I have a high risk tolerance and I'd rather lose all my money than stay middle class. If you insist on stocks you should at least use robinhood.

>>3377786
My only issue is that I know more about stocks than I do about crypto, but I really would prefer to use Robinhood since I don't want to have to pay for each trade.

>>3377812
I think stocks in general are much better understood and because of that they're more likely to be efficiently priced. So the room for profits is pretty minimal compared to a new market like crypto. In the end it probably just depends on your risk tolerance. Not everyone can handle seeing their portfolio go +/- 20% daily.

>>3377844
I thought the big worry was that the stock market was going to crash soon.