What are /r/investingforbeginners' favorite Products & Services?

From 3.5 billion Reddit comments

You should check out “this book 🤌🏻

Some of the best value in the market is often not buzzing, hence it's not inflated. Every now and then I like to pull up a random ticker off of the exchange I'm investing in and study the company. Some of the companies and ideas you come across are awesome too.

Gives you some good practice studying companies you're not already attached to as well.

If you're interested in studying stocks I'd recommend using some kind of tool designed for it. I use one that gives you a series of questions to answer on a scale (1-10) about the company and then it gives you back a summary. Helpful for doing that first bit of analysis https://play.google.com/store/apps/details?id=app.stockwise.twa

Investing is better than not investing if you're at that stage financially, so don't worry about doing this "wrong" or anything. It's not a big deal in the grand scheme of things if you use the least optimal account for a while.

"With the Roth, despite it being a retirement vehicle, you can pretty much do the same as you would with a taxable account (like get dividends and reinvest them)?" This is correct.

"But, then again, you can't withdraw until 65+, so there's that too..." It's actually little more complicated than that. There are conditions where you can withdraw before 59+. I'd take a look here: https://www.schwab.com/ira/roth-ira/withdrawal-rules

But at that point, the question is why are you using a Roth if you're going to withdraw anyway? You're may end up running into tax issues if you aren't careful.

Similar story.

Some suggestions....

Any app will do but if you’re starting out, here’s some quick suggestions:

• for apps, any will do but if you’re starting out you might want to look at company that has good phone support. Fidelity is good for this. They were really patient with me and beginner questions. Others might be good too.

• in terms of a breakdown, no one can tell you what to do but it all depends on your risk tolerance and what mix of asset types you want. You said you don’t want anything risky. There are recommended allocations for this but I recommend you do a little research here. Acorns has an article that talks about this... https://www.acorns.com/money-basics/investing/conservative-vs-aggressive-investing-and-portfolios/

• Reqd some books. A great book is I will teach you to be rich.

I personally found Acorns to be a great place to start since it automatically invests spare change for you. Here’s my referral link to get $5 when you signup with Acorns: RGCNX7 https://www.acorns.com/invite/RGCNX7

A Beginner's Guide to the Stock Market: Everything You Need to Start Making Money Today https://www.amazon.co.uk/dp/1099617200/ref=cm_sw_r_cp_api_fabc_RGAH6V48Q83Y3YGSCM94?_encoding=UTF8&psc=1

This has been fantastic for explaining all the things I’ve been looking at and thinking “what the fuck is that”

Bogleheads Guide to Investing

The Four Pillars of Investing

Or you could put your money to work for you by selling options. Why gamble with your cash?

The Wheel: Options Trading Strategy https://www.amazon.com/dp/B08J247JH8/ref=cm_sw_r_cp_api_015yFb8ZB5B34

Volatility decreased, and Theta burns your cash everyday. Buying options is no different than buying stocks. It’s gambling. Try selling options instead. Much more control.

https://www.amazon.com/dp/B08J247JH8/ref=cm_sw_r_cp_api_015yFb8ZB5B34