Basically, I'm dirt poor. My pay sucks and I'm practically unemployable outside of my shit-tier job. I think I want to eventually get a master's or a BA in Computer Science, but for the time being I have nothing.

From the way I see it, invoosters are the only people anyone gives a damn about and I can think of investing as a method to get some of my surplus value back in a socially acceptable way. If it wasn't obvious enough already, I am American and this country would rather collapse than see the 1% give back even a penny that they looted from the middle class. Even blue places would rather die than have more housing be built, and those lower the homelessness...I mean, the investor's value.

My first thing I want to check out is Webull but there is something about the app that feels sketchy, and I can't put my finger on it.

Okay porky, you win. If you like invoosters so much, I'll be one. Happy?

  • enkifish [any]
    ·
    2 years ago

    There's no minimum for how much you can contribute to an IRA in a given year. Certain investments offered by your custodian (bank/brokerage firm you have an IRA with) may have a minimum for mutual funds they offer. Honestly, in 2023, the only reputable brokerage firm that still has minimums on common funds is Vanguard. If the minimums are a problem, you can always move your IRA elsewhere. This wiki is great for explaining how IRAs (and other retirement accounts) work, but as with all financial websites, is full of brainworms.

      • enkifish [any]
        ·
        2 years ago

        No problem. To be fair to Vanguard, most of their mutual funds have ETF equivalents with no investment minimums.