I'm looking into getting into investing with a more DIY approach but I want to start small, probably with around $500. I understand opening a brokerage account. I've heard TD Ameritrade is the best. Is this true? As far as the next step I figured investing in ETFs and/or Index funds would be a good starting point for a larger investment but I am not sure if I should go with ETFs or Index funds. With whatever is remaining I figured I could buy a few penny stocks to learn basic trading and to watch the market from an investor's standpoint.
Is this a good plan? Any advice would be greatly appreciated. Thanks in advance!
Submitted January 05, 2020 at 06:38PM by _NeonKraken https://ift.tt/2QNSx7x
