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| As mentioned, opening an account online is simple. Charles Schwab is what I use, easy to do and simple to navigate. Your investing strategy will depend on your goals. Is this for retirement? Savings? Wealth preservation?
There are several tax advantaged retirement investment vehicles out there such as a Roth IRA or SEP (if you are self employed). If you have never saved for retirement, you may want to consult with a financial advisor face to face.
If you are just looking at a brokerage account, millions of Americans manage those themselves. I spilt my brokerage account investments across mutual funds of large, mid and small cap ETFs. I would avoid single stocks and stick to mutual funds. Set up your account to reinvest the dividends and have new money automatically deposited and invested every month. Do this for several decades and you will be a multi millionaire.
Good Luck! | |
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How does one invest in stocks, crypto, etc.?
