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Starting to invest on my own - few questions
I just finished my first year in college and was looking to do something productive with the money I earn this summer. My parents helped me start a Roth IRA last year so I will definitely be contributing to that. But I also about $3000 sitting in a very low interest savings account that I think could be better used.
I've looked into a few different paths to take and I think would like get started with investing in stocks. There are a lot of different options so it was a bit overwhelming, but someone in another thread mentioned using Schwab's no-commission ETFs to get started with a small amount of money. This seemed like a good way to get into the basics of trading.
Since I started that Roth IRA with my parents and they have all the information regarding that, am I going to run into any problems if I try to start investing with Charles Schwab? I don't know the extent of the other things they have invested under my name, but I would like to get started on my own as soon as possible.
Also, is there an updated list that compares discount brokerages in this forum? I found an old thread that had a table, but that was from 2010 and I'm not sure how quickly things change.
I've looked into a few different paths to take and I think would like get started with investing in stocks. There are a lot of different options so it was a bit overwhelming, but someone in another thread mentioned using Schwab's no-commission ETFs to get started with a small amount of money. This seemed like a good way to get into the basics of trading.
Since I started that Roth IRA with my parents and they have all the information regarding that, am I going to run into any problems if I try to start investing with Charles Schwab? I don't know the extent of the other things they have invested under my name, but I would like to get started on my own as soon as possible.
Also, is there an updated list that compares discount brokerages in this forum? I found an old thread that had a table, but that was from 2010 and I'm not sure how quickly things change.






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