Robinhood has been an excellent way to start out for me on the stock market. With no commission fees and a wide array of options for trading, they look to be one of the best starting areas for new and low-income investors. Broker fees and commission fees eat significantly into profits, and so to avoid …
My Sixth Investment – SoFi (Website)
SoFiSoFi is a hybrid checking and savings, investment, and loan platform that allows you to make the most of online interaction between account types. Fee-free 2.00% APY savings, extremely low minimum balance investing, and multiple low-rate loan options are some of the things SoFi offers. Using the link above, you can get an extra amount …
Investing with a Loan
I have been thinking long and hard on the capability I have had to obtain and financially handle a loan. I am not as skeptical as most people, because I know that as long as my monthly payments are within my budget, I cannot fail. Yes, I will pay back more over time than I …
My Fifth Investment – COIN (Website)
COINCOIN is an investment advisory platform that helps you invest in a custom mix of companies making an impact in the areas you care about most, or Impact Areas, that scores companies not on historic performance but based on their ranking in those Impact Areas. Companies doing more to combat climate change, for example, rank …
Cash Accounts – YieldStreet and WealthFront (Websites)
YieldStreet and WealthFrontYieldStreet is an investment platform for accredited investors with very high minimum requirements ($10,000.00 minimum investment per opportunity). They give detailed information about each opportunity, as well as returns and fees. They are very transparent about what they require from you and what you can expect to get back from each opportunity. YieldStreet …
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My Fourth Investment – Nvstr (Website)
NvstrNvstr is an investment platform where you make your own stock purchases (like Robinhood) but with two key differences. You are charged a commission fee on every trade (so the more of one stock you buy at once, the less you pay in fees), and Nvstr offers pros and cons from the community about each …
My Third Investment – Emperor (Website)
Emperor is now closed. Emperor InvestmentsEmperor Investments is an investment platform that specializes in dividend-yielding stocks. Use the link above to sign up and get 6 months of service for free. Additionally, if you fund your account with $5,000.00, I will get $50.00 from Emperor Investments. But, you know, don't worry about that part because …
My Second Investment – Fundrise (Website)
FundriseFundrise is an investment platform that specializes in real estate projects, with multiple levels of investment that help determine the project types and what you're aiming for. Using the link above to sign up will give you and I 90 days of no advisory fees. Every friend you invite will give you and them the …
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My First Investment – Robinhood (App and Website)
RobinhoodAn investing app and website that allows you to select stock to buy and sell with no trading fees. Using the link above will allow you to sign up and give you and I a free random stock chosen from Robinhood's settled shares. If you already have an account, it will not do anything. Snapshot …
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Investment Beginnings
I was just saving money in a bank account. Hell, I had several. I took advantage of banks offering bonuses for creating and maintaining accounts. I meticulously watched to make sure I wasn't paying any maintenance fees. Investments was never an idea I had until I started looking up information one day on a whim. …
A Beginner's Experience With Investing 