Hey, Stock Market Guys?

[Magnum61]

So hypothetically speaking: if an individual such as myself (31 years old, median income, married, blah blah blah) wanting to start investing in stocks like Tesla, BTC, Google, etc...where do you begin? Is it still standard practice to just give money to a financial advisor or is the modern approach more of a DIY style? Like are there apps or programs you can use to manage your own portfolio?

I do have a 401k through work but that's the extent of my investment experience. I've spent the last week trying to research a jumping off point but haven't really had anything "click" with me.

Any and all info is appreciated, Thanks!

If it helps - I've been active in the Markets for almost a decade with mentorship and working experience from group directors from GS and B of A. I currently manage my own fund and am currently 83% return on my portfolio for the year. Happy to help with any questions.

 

[CorbLand]

Primarily use Fidelity as my 401K through work is there.

I have a individual account that I play with a low amount of funds in high risk/high reward type stuff. I make good money in it and a I lose good money in it.

I have a Roth IRA that is split 80% long term holds (PSX, APPL, and VOO) and 20% in more risky options.

401K is set to 50% in target date retirement and 50% in a fund that tracks the S&P500.

 

[ffparamedic]

My advise is to use Mutual funds, I personally use Vanguard and have for years. Take a buy and hold, set it and forget it approach.

The bogle heads forum is a great place to learn all you need.

If you’ll send me your email address I will send you a Kindle edition of John Bogles “Guide to investing” he was the founder of vanguard. This is the book that really helped me decide my investing strategy.

 

[Warmsy]

Don’t use Robin Hood I start started playing with it in Jan really like my td Ameritrade app also use fidelity since I have a 401k with work there


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Robin hood was forced to stop trading because of some council that is or is part of the SEC. those mfers are the culprits. Robin hood didn't have the (7 billion?) To put up for the SEC to allow them to trade for that day, and part of the agreement was Robin hood stopped trading and only had to put up (700 million?) To continue trading for the day.

 

[cgasner1]

Robin hood was forced to stop trading because of some council that is or is part of the SEC. those mfers are the culprits. Robin hood didn't have the (7 billion?) To put up for the SEC to allow them to trade for that day, and part of the agreement was Robin hood stopped trading and only had to put up (700 million?) To continue trading for the day.

They have also said it could happen again if some stocks do certain things soon why put yourself in that position


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