Stock XFerts: zero knowledge here. please suggest

[vatsayana]

Hello Friends,

Zero knowledge here on Stocks, hence, no trading.

Following is what I am thinking to do, please suggest if this is a good idea or if any other better ideas?

I am planning to invest +/-$200 per month into Stocks. Basically, there are these Trading companies that manage our portfolio and does trading on our behalf. I am thinking of doing this as long as possible.

Do you think this is a good idea? if so, what Trading companies are good for this? do they charge any fees? ....

OR you can suggest any alternatives

TIA.

[Picheshwar]

1 minute ago, vatsayana said:

Hello Friends,

Zero knowledge here on Stocks, hence, no trading.

Following is what I am thinking to do, please suggest if this is a good idea or if any other better ideas?

I am planning to invest +/-$200 per month into Stocks. Basically, there are these Trading companies that manage our portfolio and does trading on our behalf. I am thinking of doing this as long as possible.

Do you think this is a good idea? if so, what Trading companies are good for this? do they charge any fees? ....

OR you can suggest any alternatives

TIA.

 antunna @tom bhayya keep your savings safe

[tom bhayya]

401k ledhaa?

[vatsayana]

2 minutes ago, Picheshwar said:

 antunna @tom bhayya keep your savings safe

ha ha ha, anthe antava?  

1 minute ago, tom bhayya said:

401k ledhaa?

vundi baa. kaani daanni touch cheyyalani ledu. adi ade, idi ide  

[spicyfish]

Yes, cheppandi peddalu...ekkado start petali ee stocks ...things might change now ...i guess elections and after 

[Simple123]

buy walmart stock ,  DISney . and forget for next 3 to 5 years

[vatsayana]

7 minutes ago, Simple123 said:

buy walmart stock ,  DISney . and forget for next 3 to 5 years

Thx baa. manam direct ga pedithe, avi dobbithe, gunde agipoddi.  

I do not want to involve in trading directly and take that stress  

let the companies take that headache ani anukuntunna.

[Hydrockers]

2 minutes ago, vatsayana said:

Thx baa. manam direct ga pedithe, avi dobbithe, gunde agipoddi.  

I do not want to involve in trading directly and take that stress  

let the companies take that headache ani anukuntunna.

Regular ga buy chestu pettatame

[Spartan]

@vatsayana  that would be right way to build portfolio unless u are looking for quick money..

monthly 200$ invest and forget for 10 years anukunte...at the end it will be lumpsum amount.

open a portfolio managment account or robo investor accounts ...like in charlesschwab, etc...

set ur goals accordingly in it, and it will do work for u...

dont look into account every now and then...even if market falls or rises....

https://intelligent.schwab.com/

good luck.

u can also make it as ROTH (if contributing in limit... 500$ per month cheskunte limit lo untav).

this can be tax free when u take it out as well..kaaniavasaram unnapudu teyalev..adokkate catch.

 

there will be or can be m,any up-down cycles in 10years...so if u are confident that u wont do panic sell...go for this rooute.

cc: @Anta Assamey

[Anta Assamey]

2 minutes ago, Spartan said:

@vatsayana  that would be right way to build portfolio unless u are looking for quick money..

monthly 200$ invest and forget for 10 years anukunte...at the end it will be lumpsum amount.

open a portfolio managment account or robo investor accounts ...like in charlesschwab, etc...

set ur goals accordingly in it, and it will do work for u...

dont look into account every now and then...even if market falls or rises....

https://intelligent.schwab.com/

good luck.

u can also make it as ROTH (if contributing in limit... 500$ per month cheskunte limit lo untav).

this can be tax free when u take it out as well..kaaniavasaram unnapudu teyalev..adokkate catch.

 

there will be or can be m,any up-down cycles in 10years...so if u are confident that u wont do panic sell...go for this rooute.

cc: @Anta Assamey

 

[vatsayana]

4 minutes ago, Hydrockers said:

Regular ga buy chestu pettatame

 

Thx baa.

 

4 minutes ago, Spartan said:

@vatsayana  that would be right way to build portfolio unless u are looking for quick money..

monthly 200$ invest and forget for 10 years anukunte...at the end it will be lumpsum amount.

open a portfolio managment account or robo investor accounts ...like in charlesschwab, etc...

set ur goals accordingly in it, and it will do work for u...

dont look into account every now and then...even if market falls or rises....

https://intelligent.schwab.com/

good luck.

u can also make it as ROTH (if contributing in limit... 500$ per month cheskunte limit lo untav).

this can be tax free when u take it out as well..kaaniavasaram unnapudu teyalev..adokkate catch.

 

there will be or can be m,any up-down cycles in 10years...so if u are confident that u wont do panic sell...go for this rooute.

cc: @Anta Assamey

 

Thx baa. Yes, monthly 1 time, invest 200 ani anukuntunna. and want to look back after few years. not interested in short term profits.

any other companies other than CharlesShwab? Also, do they charge any fees or any catch items?

[Spartan]

13 minutes ago, vatsayana said:

Thx baa. Yes, monthly 1 time, invest 200 ani anukuntunna. and want to look back after few years. not interested in short term profits.

any other companies other than CharlesShwab? Also, do they charge any fees or any catch items?

look for Robo Investing and u will get the list.

charles schwab is one of the top listed...

koncham fee untadi anukunta..which is with all the portfolio managers..

[vatsayana]

Just now, Spartan said:

look for Robo Investing and u will get the list.

charles schwab is one of the top listed...

koncham fee untadi anukunta..which is with all the portfolio managers..

Thx baa. will look into it.

[krishnaaa]

www.betterment.com

Transfer money, they will invest into low cost mutual funds.

Its the safest option. Just don't panic if it goes down.