vatsayana Posted September 15, 2020 Report Share Posted September 15, 2020 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. Quote Link to comment Share on other sites More sharing options...
Picheshwar Posted September 15, 2020 Report Share Posted September 15, 2020 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 Quote Link to comment Share on other sites More sharing options...
tom bhayya Posted September 15, 2020 Report Share Posted September 15, 2020 401k ledhaa? Quote Link to comment Share on other sites More sharing options...
vatsayana Posted September 15, 2020 Author Report Share Posted September 15, 2020 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 Quote Link to comment Share on other sites More sharing options...
spicyfish Posted September 15, 2020 Report Share Posted September 15, 2020 Yes, cheppandi peddalu...ekkado start petali ee stocks ...things might change now ...i guess elections and after Quote Link to comment Share on other sites More sharing options...
Simple123 Posted September 15, 2020 Report Share Posted September 15, 2020 buy walmart stock , DISney . and forget for next 3 to 5 years Quote Link to comment Share on other sites More sharing options...
vatsayana Posted September 15, 2020 Author Report Share Posted September 15, 2020 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. Quote Link to comment Share on other sites More sharing options...
Hydrockers Posted September 15, 2020 Report Share Posted September 15, 2020 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 Quote Link to comment Share on other sites More sharing options...
Spartan Posted September 15, 2020 Report Share Posted September 15, 2020 @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 Quote Link to comment Share on other sites More sharing options...
Anta Assamey Posted September 15, 2020 Report Share Posted September 15, 2020 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 Quote Link to comment Share on other sites More sharing options...
vatsayana Posted September 15, 2020 Author Report Share Posted September 15, 2020 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? Quote Link to comment Share on other sites More sharing options...
Spartan Posted September 15, 2020 Report Share Posted September 15, 2020 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.. Quote Link to comment Share on other sites More sharing options...
vatsayana Posted September 15, 2020 Author Report Share Posted September 15, 2020 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. Quote Link to comment Share on other sites More sharing options...
krishnaaa Posted September 15, 2020 Report Share Posted September 15, 2020 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. Quote Link to comment Share on other sites More sharing options...
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