Monday, January 29, 2018

Just received money for my birthday and need advice

I received 1000 dollars for my birthday recently. I am planning on putting all of it into the stock market.

I currently have an etrade account with 100 dollars, but the commission makes me weary of using it. Is the 6.95 commission per trade a valid concern, or should I put my gift money into this account?

I was thinking about using a service like robin hood to avoid the commission fees. Is robinhood a good service for someone starting out in the market? Can anyone let me know of some other good free brokerage services?

Thanks, and let me know if I need to provide more information



Submitted January 29, 2018 at 09:08AM by futureharvardstudent http://ift.tt/2DFpGun

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