Hi all. Just started investing a few months ago and have accounts with Schwab and robinhood, not a lot of money in either right now. I discovered robinhood a couple months after Schwab and really like it.
I have some money I want to put in VOOG long-term. Part of me wants my long-term investments to stick with Schwab just because they’re established and I feel more comfortable with that.
But at the same time it feels silly to pay the commission when I can invest is the same ETF for free with Robinhood. They’re legit and insured and all that too, I have the same risk with them I do with any brokerage.
I feel like I’m being unreasonably wary of Robinhood, right now I just have a few hundred bucks in there for stocks only. Is it unnecessary for me to be this cautious? Should I just put my money in robinhood and save on the commission fees? I plan on contributing to this fund every week, so $5 commissions will add up on Schwab. Anyone else dealing with this kind of lame dilemma?
Submitted April 13, 2018 at 09:36AM by cringelogic https://ift.tt/2qvqr3P
No comments:
Post a Comment