22 year old anon here, just opened up a Roth IRA last week or so and have already seen it increase. But now I want to open up investment accounts purely for investing, not just for retirement. For anons that have been seriously investing for a while, and have seen success, what brokers would you recommend for a beginner? I'm looking to buy both ETFs and single stocks. I also want to look at at international markets in quickly developing regions, like Southeast Asia for example. Who would be best for that? On a semi-related note: knowing how fickle markets are, and how we're in the midst of tectonic geopolitical shifts affecting foreign exchange - for example China trying to settle a majority of its trade in RMB - would it be wise to hold tangible wealth in the form of gold (maybe not right now with price hikes), silver, etc?
>>33867306I opened my first (non-401(k)) investment account - a Roth IRA - at age 24. Since then I also have separate brokerage and HSA accounts. All have been with Fidelity.I haven't used other brokerages before, but I did a lot of research between different brokerages and ultimately went with Fidelity. I've had no issues, and when I've had very specific questions, their customer support has been fantastic; you can talk to White people with no accents even at like 8pm, pretty crazy.I invest maybe more conservatively than you with probably 90% being in index-tracking ETFs and 10% being in individual stocks. This doesn't count my large portion of cash which I treat as a house fund that I hold in Treasury Bills (exempt from state and other local taxes, only taxed federally); Treasury assets are also easy to purchase through Fidelity. You can purchase just about whatever you want with no issues.Hope this helps, and congrats on getting into investing early. It'll pay off bigly.
silver sucks and doesn't beat inflation. literally zero reason to have silver
>>33867440Damn, you hold Treasury Bills? How does that work? Also, what if we default in the future? Do you get a payday or do you get fucked?
>>33867306I drove over to my local Schwab office and opened an account. It's about as complex as opening a bank account, the difference is that the account into which I deposit has access to stocks, etfs, mutual funds, money market funds, corporate and muni bonds, t-bills, etc. I suspect Fidelity and Vanguard are similar, though I don't think only Schwab is both a brokerage and an FDIC bank.
