I've lost so much on picking individual stocks over the past 4 years. I want to move some money into ETFs and am wondering if the following would be wise:
I have ~$50k cash.
- Ally: $200 bonus for $25k deposit
- ETrade: $200 bonus for $25k deposit
Should I open an account with Ally and another account with ETrade? The idea would be to deposit 25k into each, buy ETFs, and thus collect $400 bonus.
Questions
- I currently have my Roth IRA with Vanguard. Should I instead just buy Vanguard ETFs?
- Are there any downsides to buying ETFs on Ally or ETrade?
- Any ETF suggestions? The only one I'm aware of that may be good are Vanguard's Admiral shares
Submitted May 17, 2019 at 06:12AM by UsingThisInTheOffice http://bit.ly/2VKylZK
