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I guess the research side would be helpful as well. I was asking for the actual sites to make the investments through.

I'll take any good resources. I have a sum that is uselessly sitting around and need to invest it.

As a general matter, probably one question you want to ask yourself is if you want to just generally invest in stocks or if you want to trade stocks.

There's a ton of what are known as "robo-advisors" where basically they ask you how much risk you are okay with and you just throw your money in and forget about it. These don't have trading features but if all you want to do is diversify your assets and invest in the stock market, this can be a solid option.
 
I don't buy SPY because it includes investing in fossil fuel companies. SPYX is an alternative that excludes fossil fuels

I use Schwab and TastyWorks. TastyWorks was started by the people who wrote the Thinkorswim software used by TD Ameritrade. TastyWorks much better for options trading than Schwab's StreetSmart Edge. Running on a computer, TastyWorks feels like a modern app, StreetSmart edge feels like an app build 20+ years ago.
 
The questions I keep coming back to are:

1) Am I better off ramping up the % I contribute through work rather than opening up a fresh account on something like TD Ameritrade?

2) Do I open up a separate Roth IRA on TDA where I can control what is in it more and it grow for retirement?

3) Do I open up a regular trading account and invest in whatever I want as I want with the option to liquify when I see fit?

4) A combination of the above?

5) Go see a professional and let them figure this out for me?

I honestly don't know what is the best route here. My goal is for retirement in 15-20 years not to get filthy rich and retire in the near term.
 
The questions I keep coming back to are:

1) Am I better off ramping up the % I contribute through work rather than opening up a fresh account on something like TD Ameritrade?

2) Do I open up a separate Roth IRA on TDA where I can control what is in it more and it grow for retirement?

3) Do I open up a regular trading account and invest in whatever I want as I want with the option to liquify when I see fit?

4) A combination of the above?

5) Go see a professional and let them figure this out for me?

I honestly don't know what is the best route here. My goal is for retirement in 15-20 years not to get filthy rich and retire in the near term.
@Lee should be able to help answer some of these questions.
 
The questions I keep coming back to are:

1) Am I better off ramping up the % I contribute through work rather than opening up a fresh account on something like TD Ameritrade?

2) Do I open up a separate Roth IRA on TDA where I can control what is in it more and it grow for retirement?

3) Do I open up a regular trading account and invest in whatever I want as I want with the option to liquify when I see fit?

4) A combination of the above?

5) Go see a professional and let them figure this out for me?

I honestly don't know what is the best route here. My goal is for retirement in 15-20 years not to get filthy rich and retire in the near term.

You should contribute the max in your 401k that they will match, i always max out my 401k, but not everyone can afford that.

A separate IRA depends on how much you make and are you allowed.

Basically take advantage of the matching on a 401k, next max out a Roth IRA, then max out the 401k, and then a separate investing account in that order in my opinion. But there is no real wrong answers if you invest. I am a big fan of mutual funds, but i have lost allot of money not taking friends advice on stocks in the past, i am more of a safe investor.

But always take advantage of matching funds like i keep saying, after that its a preference. I dont have any Roth IRA's myself, but i like the product, i just dont qualify as an individual at my income. I love 401k's. I do allot of loans and ask for assets, lots of "average" people have 7 figures in there 401k's.
 
I agree with Lee. Max the 401(k) up to the company's match.
Even if they only match 25 cents on the dollar. That's just free money.
If you can contribute to a Roth IRA, then that's the next step.

Now, if your employer has a Roth 401(k) component, I would definitely consider that. But everyone is different and you might need the tax deduction now, and the Roth doesn't give you that. But the Roth does give you the tax free growth and distributions when you pull money out at retirement. That is huge. Especially if you have plenty of time until retirement.
 
so bonkers how crazy press went in on tesla opening A SHOWROOM in Xinjang province. the province is as large as mongolia and not even a factory. just a shop. mcdonalds opened first store there 25th dec 2020 haha
 
so bonkers how crazy press went in on tesla opening A SHOWROOM in Xinjang province. the province is as large as mongolia and not even a factory. just a shop. mcdonalds opened first store there 25th dec 2020 haha

press always jumps on anything Tesla and spins it as negatively as they can, they don't even mention that VW has a factory in that province, or that pretty much every other auto company has a presence there.
 
I'm making decent change spending $1k on Desktop Metal every time it dips and then selling when it rebounds. Its been bouncing between $12 and $13.50 pretty regularly for awhile now. So far I'm up almost $4k just doing this regularly for a couple months. Not big money, but relatively safe money.

Full disclosure...saw your posts on DM and bought in last Summer, as I've been in a similar industry for a long time (engineering simulation)....

Took it on this one - down to $3.95 today, losing 86% since I bought and held.

I suck at trading stocks.
 
The questions I keep coming back to are:

1) Am I better off ramping up the % I contribute through work rather than opening up a fresh account on something like TD Ameritrade?

2) Do I open up a separate Roth IRA on TDA where I can control what is in it more and it grow for retirement?

3) Do I open up a regular trading account and invest in whatever I want as I want with the option to liquify when I see fit?

4) A combination of the above?

5) Go see a professional and let them figure this out for me?

I honestly don't know what is the best route here. My goal is for retirement in 15-20 years not to get filthy rich and retire in the near term.
Just saw this post thanks to @ChicagoCavFan bumping the thread with his post above. I'll add my thoughts FWIW, as a guy who has made a LOT of mistakes, but has recovered from them nicely.

I think @Lee's advice above (contribute in 401k/403b up to the match, then IRA, then back to 401k/403b up to the limit) makes a lot of sense. The IRA gives you the advantage of being able to invest in pretty much anything you want (stock/bond/mutual fund wise at least), and not being limited to the choices in the 401k/403b plan. Personally, my wife and I max out our 401k/403b, but don't have IRAs (not counting rollovers from prior jobs).

I don't do individual stocks, and wouldn't suggest them other than (a) it's something that interests you, (b) you have an amount that you can invest after exhausting other options like 401ks, and (c) you could lose every penny and not have it affect your life. Part of the reason I don't invest in them is risk -- single stocks are volatile. For me, just as big a reason is that it became way too much of a time suck for me. I was constantly checking stock prices, researching new stocks to buy, fretting over the ones I already owned, etc. It took way too much of my time and energy, and was distracting me from other, more important parts of life.

So what do we invest in? Low-cost stock index funds. They aren't sexy, but their results over time have been. To peg it to your time frame -- my wife and I really got serious about our finances about nine years ago, when we barely had any net worth. Today, we could probably retire (i.e., never have to work for money again) if we wanted to. (For perspective, I'm in my early 50s, she's in her 40s.) Doesn't mean we would -- just that we could.

Bottom line -- your goal is very doable, in my opinion. Feel free to ask any more questions along the way. You can get there.
 
Full disclosure...saw your posts on DM and bought in last Summer, as I've been in a similar industry for a long time (engineering simulation)....

Took it on this one - down to $3.95 today, losing 86% since I bought and held.

I suck at trading stocks.
Yep, I've taken a massive hit too, but I've averaged down to about $5 a share. I still dump $200 a month into it because the technology and the company is sound and I think it's going to take off. Hope I'm right.
 
Yep, I've taken a massive hit too, but I've averaged down to about $5 a share. I still dump $200 a month into it because the technology and the company is sound and I think it's going to take off. Hope I'm right.
The company is not sound. They have spent and spent in order to try and corner the market. And while they have revenue, they've reported almost $100m in net loss in the last several quarters. I still think they're a decent long term play, but they've been awful so far. Currently there is a class action suit being filed against them for misleading investors and shareholders.
 
I hope some of you got in on the Sunshine Biopharma run today. They're working on a cure for cancer using mRNA and they look like something that might be worth throwing money into. I took the profits and called it a day earlier, but I'm probably going to jump back in at some point.

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