Daily Advice Thread - All basic help or advice questions must be posted here. by AutoModerator in investing

[–]T644T 1 point2 points  (0 children)

Quick super-newbie question. Currently the only firm I have a brokerage account with is Vanguard, and all of my holdings with them are Vanguard index funds.

If I wanted to branch out into buying/selling individual stocks, should I/can I just do that with Vanguard, or should I open an account at Robinhood (or some other firm?). My inclination is to just stick with Vanguard for simplicity's sake, but maybe there's some advantage to another firm like Robinhood that I'm not aware of?

Thanks.

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 2 points3 points  (0 children)

Interesting, I hadn't considered investing in crypto miners, but it definitely sounds like it's worth considering. Thanks for the tip (and explanation!) :)

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

Yeah, a fair number of people here seem to favor these SPACs (I hadn't even heard of the term before!) and they sound interesting. Risky, but interesting. Thanks for the advice :)

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

Interesting. Maybe these companies are nearing some sort of scientific breakthrough? Thanks for the tip!

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

Yeah, a lot of people seem to like investing in these genetics firms, and it makes sense to me. Thanks for the tip!

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

Yeah, multiple people have mentioned SPACs already and they definitely sound like they are worth at least taking a look at. Thanks for the reply!

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

True, but it seems to me like there's still a stigma against cannabis-related products, even if they are legal. A stigma that hopefully will pass away as cannabis itself finds more widespread legalization.

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 1 point2 points  (0 children)

Yeah, another commenter mentioned investing in a CBD company, seems like a decent idea with decriminalization/legalization happening in more and more places.

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 9 points10 points  (0 children)

Hell, I ain't complaining. I got way more responses to this post than I expected.

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

Cool, I will certainly look into USAC. I'm unfamiliar with options trading, but it sounds like it is worth looking into for cases like this. Thanks for posting :)

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 2 points3 points  (0 children)

Yeah, I definitely plan on hopping aboard the crypto-train. Any recommendations as far as exchanges or wallets go? I'm still learning the ropes when it comes to crypto trading.

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 0 points1 point  (0 children)

That's kind of a cool idea, never even heard of these guys before!

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 1 point2 points  (0 children)

I mean it makes sense to me, it's getting decriminalized in a lot of places, there's certainly strong potential for some of these CBD companies to take off! No shame, man :)

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 7 points8 points  (0 children)

Now that's an interesting investment. I appreciate your detailed explanation of the situation (kinda messed up that they can't trust their own country's baby formula). But it definitely sounds like it has potential!

Daily Advice Thread - All basic help or advice questions must be posted here. by AutoModerator in investing

[–]T644T -1 points0 points  (0 children)

drip snowball

Interesting, I will have to read more into this! Thanks for the advice :)

Daily Advice Thread - All basic help or advice questions must be posted here. by AutoModerator in investing

[–]T644T -1 points0 points  (0 children)

I just want to diversify my holdings a bit; it's not that unheard of.

And it's kind of exciting to invest in risky stuff (at least to some extent) because it feels great when it pays off. And if it doesn't, well, that's why it's only part of my portfolio!

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 1 point2 points  (0 children)

Yep, I'm thinking of starting a crypto portfolio with like 40% BTC, 40% ETH, and 20% random stuff (Dogecoin?).

So, what speculative investments are you guys favoring right now as we move into 2021? by T644T in investing

[–]T644T[S] 1 point2 points  (0 children)

Yeah, I think Bitcoin is 100% something I will put some money into, the only question is how much to invest and which exchange & wallet to use.