Quote (Zigity @ Jan 19 2018 10:36am)
I have inheritance from my mom in a roth IRA, i let my edward jones guy handle that. I am playing around on robin hood and other platforms with individual stocks. only have a few hundred dollars in there. going to take advantage of this govt shutdown and buy some UVXY, maybe gamble on some MU and SOXL
Ah yeah a little play money is fine. Whats the fee on your edward jones guy? Active management is usually way more expensive for the same thing you could be doing just fine on your own.
Quote (WatcherOfTheSkies @ Jan 19 2018 11:06am)
I had a debate with a buddy, he invests in the stock market (individual stocks), I don't. I have a Roth IRA I put a few hundred $ in a year, he doesn;t. He says I'm "not really playing the stock market".
who's the winner?
You're investing, he's gambling. Could he make money? Sure. But you're being smarter and stand to lose a lot less than he does.