03-31-2021, 07:24 AM | #1 |
Private
56
Rep 96
Posts |
Investment Apps (Acorns, Robinhood, Webull etc.)
Hey folks. Have some free time to spend on a side. Considering about to jump into the investment apps listed below. Have anyone tried those? Share your experience, tips, any interesting info. Or just point, if not really worth it. Have a great day️
|
03-31-2021, 09:47 AM | #2 |
Lieutenant Colonel
3202
Rep 1,669
Posts |
Haven’t heard of Acorns.
Fuck Robinhood sideways with a rusty spoon. Webull = Chinese Robinhood for slightly more advanced traders who don’t care about ties to the Chinese government as long as it makes them money. I rolled everything from Robinhood over to Schwab. Reminds me, I think I’m about to owe $20 to Noneya’s charity of choice.
__________________
Ego is the anesthesia that deadens the pain of stupidity.
The single biggest problem in communication is the illusion that it has taken place. Wheel horsepower is just crank horsepower after taxes. IG: EmFore_650 |
03-31-2021, 10:00 AM | #3 |
First Lieutenant
550
Rep 384
Posts |
Just use a real investment platform, don't fall for an app just because it has a shiny interface. TDA is very beginner friendly.
|
Appreciate
3
|
03-31-2021, 10:43 AM | #5 |
Private First Class
218
Rep 148
Posts |
I'm a new trader and would not have started trading if it wasn't for Robinhood. Sure they screwed a lot of people and myself. Robinhood definitely does not look out for you. I tried E-trade and Fidelity but their apps/website looks super confusing and intimidating for a new trader. I'm still using Robinhood and have some money in Schwab to learn.
|
Appreciate
1
x5wntd55.50 |
03-31-2021, 10:59 AM | #6 |
Bowties r cool ▶:◀
1427
Rep 801
Posts
Drives: 09' 128i MT e88, 24'G05 X5 50e
Join Date: Apr 2014
Location: Chicago
|
I use TDA primarily
JP Morgan secondary Equitable just sits there and don't use it but I should |
03-31-2021, 11:06 AM | #7 | |
Captain
278
Rep 655
Posts |
Quote:
other than that, i use it as a saving account, trading mostly dividend stocks heads up on T, EXR, and XOM |
|
03-31-2021, 11:39 AM | #8 |
Private
56
Rep 96
Posts |
Hmm I'll take a look on it then.
Trying to find smth which won't require a lot of time on the start. Im planning a long term (3+ yrs). Been watching some videos on YouTube, dudes make 100-350 a day just flipping (crypto? not sure). My budget at the beginning isn't that high. I think fill acc up w couple thousands now and every Monday 250-500 let's say. Who has some experience, let me know , if it's just a penny and not worth it.. |
Appreciate
0
|
03-31-2021, 09:32 PM | #11 |
Lieutenant General
18872
Rep 14,143
Posts
Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA
|
TDA because that's been my broker for years. I don't really understand what the deal is with these gimmiky apps like acorns and robinhood. Seems like a sugar coated way to get new investors in.... like the witch's Gingerbread house.
Fucking Ashton Kutcher and his stupid youtube ads about acorns turned me off to that shit.
__________________
2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3 IG: Raging_G82 |
Appreciate
3
|
03-31-2021, 09:50 PM | #12 | |
Colonel
2124
Rep 2,758
Posts |
Quote:
|
|
Appreciate
0
|
03-31-2021, 09:53 PM | #13 |
Private
56
Rep 96
Posts |
The main point is that the app filling up ur account w/out any urs action. You just set it up once and might forget unless wanna put some extra $$
|
Appreciate
0
|
03-31-2021, 10:24 PM | #14 | |
Lieutenant General
18872
Rep 14,143
Posts
Drives: G82 M4C X-Drive
Join Date: Mar 2013
Location: Orange County, CA
|
Quote:
__________________
2022 G82///M4 Competition X-Drive - KW-HAS, EBC Bluestuff, Millway Race Camber Plates, Cup2 Connect*, PSI High Flow Midpipe, Lightweight Front Lip, M Perf Flow Through Wing Previous • 2018 F80 ///M3 CS • 2016 F80 ///M3 IG: Raging_G82 |
|
Appreciate
0
|
03-31-2021, 10:40 PM | #15 | |
Colonel
2124
Rep 2,758
Posts |
Quote:
|
|
Appreciate
0
|
04-01-2021, 08:30 AM | #16 |
Lieutenant
676
Rep 474
Posts
Drives: F36 440i GC
Join Date: Jan 2011
Location: Denver, CO
|
I use E*Trade only because it's where my employer deposits my company stock, but recently started moving everything over to Chase because we bank with them and they're giving us a mortgage rate discount for depositing $XXX amount of money into their brokerage.
I also use Acorns. The round-up feature for auto-investing small amounts is convenient. I have it set to 3x round-ups + 1 small monthly deposit. I just consider it a savings account that earns WAY more than a traditional savings account. I've had the account open since 2015 and my overall gain is 38% with their aggressive portfolio.
__________________
2024 Porsche Taycan 4S
2017 Ducati Monster 821 |
Appreciate
1
x5wntd55.50 |
04-01-2021, 08:43 AM | #17 |
Colonel
6691
Rep 2,345
Posts
Drives: 9Y0 Cayenne S
Join Date: Mar 2019
Location: Einbahnstraße
|
Fidelity. Their Active Trader Pro desktop app is very good and offers advanced trading. Their mobile app is good enough. I trade stocks with it, not sure what else can be done. I don't use the mobile app's full potential.
The Schwab app is good enough. Buying and selling equities is easy enough. |
Appreciate
0
|
04-01-2021, 08:52 AM | #18 |
Captain
3532
Rep 1,004
Posts |
I believe Schwab is in process of acquiring TD Ameritrade. So eventually TDA accounts will be ported over to Schwab sometime this year, I think. Thus if considering either to start it would make sense to go with Schwab.
|
Appreciate
0
|
04-01-2021, 11:17 AM | #19 | |
Second Lieutenant
253
Rep 236
Posts |
Quote:
|
|
Appreciate
0
|
04-01-2021, 05:05 PM | #20 | |
Colonel
2124
Rep 2,758
Posts |
Quote:
|
|
Appreciate
1
Patrick303676.00 |
04-01-2021, 06:06 PM | #21 | |
Lieutenant Colonel
3202
Rep 1,669
Posts |
Quote:
__________________
Ego is the anesthesia that deadens the pain of stupidity.
The single biggest problem in communication is the illusion that it has taken place. Wheel horsepower is just crank horsepower after taxes. IG: EmFore_650 |
|
Appreciate
1
Noneya252.50 |
04-01-2021, 08:45 PM | #22 |
Second Lieutenant
253
Rep 236
Posts |
|
Appreciate
1
NorCalAthlete3201.50 |
Post Reply |
Bookmarks |
|
|