Markets have gone up and down this year, so is there one stock you bought when the markets were hot that you're pretty unsure about now? Any that you decided to hang on to despite the pandemic/recession taht you're especially happy about?
For the past couple of months the Stock Market has recovered from its initial drop from the pandemic, even setting new record highs. Can Wall Street continue to grow at its current pace, or do you foresee a drop sometime soon? Drop your thoughts below 😁
It feels like the headline I see everyday is that the stock market rose on investors hope for the next stimulus bill or something similar. Obviously a lot of how the market is valued is based on how people feel but it seems like too much value has been placed on that recently and not enough on how companies are actually performing. Makes me think it can't continue like this forever but at the same time I don't know if that necessarily means a big drop in the market.
It looks like many companies are switching to remote work for good and other industries may not return after the pandemic at all. What I want to know is, will working-from-home become the new standard for businesses, will jobs return after the pandemic is over? Or is the job market in the US changing dramatically right before our eyes? What are your thoughts? 🤔🤔
Hey Nathan, I just got into ETFs/Stocks. I use Fidelity. I feel it's a real solid platform. I have heard Vanguard is also a great platform too. Of course you have WeBull, Robinhood, etc. Maybe someone will chime in with their experience.
I have been using M1 Finance for awhile now and have been very happy with it. I really like building the pie chart portfolio that the money will automatically divide between and invest in. I also like that M1 allows you to own fractional shares of a company so that all of your money can be immediately invested and you dont have to save up until you can buy a full share of a company. A couple downsides to M1 is that you dont have exposure to the full market because they only allow certain...
Ameritrade/Thinkorswim is clearly the best most reliable and successful platform. The others either don't have enough tools or simply don't have the reputation worth joining on for. Look at Robinhood whose main investor base is extremely novice and is known for days of server overload and awfull customer service. Seriously the barriers to entry for low-end investing apps arent very much look at the 18-year-old kid who killed himself because of margin trading on robinhood.
I have M1 over a month now and have had Etrade for 6+ years. I wish M1 was around when I started learning this field years ago, it so much funner being able to play with the big boys with only pennies to the dollar compared to the $$$ on each stock. Etrade is a nice straight direct forum that is nicer now that I have put time into studying it.
I think some will return to as they were but not all. It will vary by the demands of a given profession, individual work habits, and company culture. In my profession we found that not only could we work effectively remotely but our team was actually more efficient so my employer has already told us they plan on cutting back office space and keeping us remote. That leaves me wanting to do more to make my home office a better work environment. However there are no longer any tax breaks I am...
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