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Personal Finance 3w
i see a lot of ppl say to invest in the s&p 500 but literally how do i even do that
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upvote 12 downvote
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Anonymous 3w

Open a Robinhood account. Deposit funds. Buy VOO. Done.

upvote 10 downvote
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Anonymous 3w

I can teach you if you don’t mind Send a dm

upvote 0 downvote
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Anonymous replying to -> #1 3w

sure but there’s better ways to spread your money across the market than just buying voo and letting it sit

upvote 1 downvote
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Anonymous replying to -> #2 3w

No there’s not. Not long term.

upvote 3 downvote
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Anonymous replying to -> #3 3w

There are a lot of s&p index tracking funds

upvote 5 downvote
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Anonymous replying to -> #1 3w

Not RobinHood. Fidelity vanguard or Schwab.

upvote 5 downvote
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Anonymous replying to -> #5 3w

Yeah robinhood is designed to encourage day trading. Day traders who stick with it lose money in the long run over 90% of the time

upvote 0 downvote