How To Choose The Best Brokerage Account For Beginners

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  • Опубликовано: 25 окт 2024

Комментарии • 284

  • @WealthTwins
    @WealthTwins  6 месяцев назад +35

    Which brokerage company do you like the most?

    • @deliajones2201
      @deliajones2201 6 месяцев назад +2

      Fidelity

    • @DEAON00
      @DEAON00 6 месяцев назад

      @@deliajones2201 do they have a lot of charges. I have fidelity for my 401k and I like. But I don’t know how they operate for personal accounts.

    • @akin242002
      @akin242002 6 месяцев назад +4

      Team Schwab! I agree it is easier to use as Nadia mentioned.

    • @frantzpierre6569
      @frantzpierre6569 5 месяцев назад +4

      I haven’t started yet but I’m leaning toward Vanguard

    • @khristi8816
      @khristi8816 5 месяцев назад +4

      I have both Fidelity and Charles Schwab.

  • @teejenkins2101
    @teejenkins2101 3 месяца назад +38

    Because of you TWO PHENOMENAL Brilliant BEAUTIES, I used one of tutorials in 2022 to open my VERY FIRST brokerage account at CS🙏🏾 You Two have NO IDEA how much you have blessed my life and I am SURE thousands of others🤗🙏🏾😘 I grew up in The Bronx as well and I appreciate how dedicated and committed you are to educating the world about wealth building. I told our 3 that ONE DAY, I will meet My Wealth Twins🙏🏾🤗🙌🏾

    • @WealthTwins
      @WealthTwins  2 месяца назад +5

      We're so sorry we are just now seeing and replying to this message. Thank you so much and we are so happy that we were able to help you! The world is a small place so you might have already passed paths in NYC. Have a wonderful day and keep making strides!

  • @lg7728
    @lg7728 6 месяцев назад +35

    Outstanding video! I was blessed to work for a financial planner in 1977 and he encouraged me invest in mutual funds. God is good!

  • @str8al
    @str8al 6 месяцев назад +41

    I invest via Vanguard and Schwab however, I agree Vanguard may not be the best option for new investors. I prefer Schwab over Vanguard due to the options especially stock slices which is extremely helpful for beginners.

    • @WealthTwins
      @WealthTwins  6 месяцев назад +7

      Nice! Glad you agree with us.

    • @lg7728
      @lg7728 4 месяца назад

      I have to check out Schwab and make a comparison. I have Vanguard, which has been very easy to navigate since the 80s. Fidelity has a very busy website, but I am getting comfortable with it. Thanks!

    • @jamebong1494
      @jamebong1494 3 месяца назад

      @@WealthTwins if you pay attention on your balance before and after market then next day start balance you might see your balance drop down for Charles S

    • @ronalddanner1792
      @ronalddanner1792 Месяц назад

      Why??

  • @carrieavant4673
    @carrieavant4673 6 месяцев назад +37

    I’m a new follower. I’m so glad to see more women getting involved in investing and taking control of their finances. So happy I found your channel.

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      We are happy you found us too. Thank you so much.

    • @atimnile2401
      @atimnile2401 4 месяца назад +1

      Me too 😍😍; the earlier you begin like early 20s; the better -off you will be once You hit your late 40s & 50s . As ladies ; we definitely need to prioritize our Finances well before Marriage & kids come along for those looking to that Aspect of life later on !!! Do not depend entirely on your significant others.

    • @marklouis1890
      @marklouis1890 2 месяца назад

      ​@@atimnile2401agreed all there was never too late to start. I am 31 and just now dipping my feet in the pool of investing and finding the right brokerage firm that works for me and my investment needs I'm just looking for multiple streams of income so I can stop living paycheck to paycheck

  • @Emmanuelinspires
    @Emmanuelinspires 6 месяцев назад +36

    Please keep doing videos like this, I have learned so much good information!

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      Will do. Thank you so much for watching.

  • @MarciaPalmer
    @MarciaPalmer 6 месяцев назад +14

    New to your channel, ladies. As an older investor, I found this information very helpful. Liked and subscribed.👍🏾

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      Welcome aboard and thank you so much.

  • @jeffschwartz1322
    @jeffschwartz1322 2 месяца назад +2

    Thank you for all of your guidance. I just submitted my application to open a Charles Schwab brokerage account.

  • @ginaworthy6240
    @ginaworthy6240 6 месяцев назад +11

    I like you guys. Straight forward and easy to understand ❤

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      Thank you. We appreciate that.

  • @Gloria-qv8hc
    @Gloria-qv8hc 3 дня назад

    How do I decide which core position to select when signing up for a Fidelity Brokerage Account? SPAXX or FCASH? Do you have a video review on that? Thanks and love your sisterhood and advise!

  • @joevahniplaisil2291
    @joevahniplaisil2291 5 месяцев назад +6

    I thought she was impersonating two different people at first and then I realized they were twin sisters 😂

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      Yes, we are definitely twins lol

  • @BeautifulQueen413
    @BeautifulQueen413 6 дней назад

    Thank you ladies. Your videos was very helpful and I took good notes.

  • @JazzyMarineVet
    @JazzyMarineVet 6 месяцев назад +7

    Yes I started off with Schwab slices when they had a promo for $101 worth of slices of the five top stocks.. Apple Tesla Microsoft and two others can't recall. It's easy to maneuver their portal and their platform on the mobile and desktop. 😊

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Wow that was a nice promotion they were running! Glad you agree the platform is easy to use.

    • @DEAON00
      @DEAON00 6 месяцев назад

      Is Ameritrade Schwab now? I heard Schwab owns Ameritrade and was moving to one platform. Is that correct? Im planning to start investing with them. I have Robinhood now is that a good platform?

    • @Tydye09
      @Tydye09 5 месяцев назад +1

      Years ago I was going to use Robinhood but I did some research on it and found out that if you wanted to move your stocks to another brokerage you wouldn’t be able to do it. That may have since changed.

  • @organizer14
    @organizer14 3 месяца назад +2

    What about Chase brokerage account?

  • @annaahmed2564
    @annaahmed2564 7 дней назад

    This video is soo helpful to me God bless you ladies.

  • @JLewie
    @JLewie 4 месяца назад +2

    I don’t know anything. You guys are really helping. Thank you.

    • @WealthTwins
      @WealthTwins  4 месяца назад +1

      You’re welcome! Thank you for letting us know our videos are helping you.

  • @beda543
    @beda543 6 месяцев назад +5

    Absolutely loved this‼️ Give us more please and thank you 😊

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      Thank you so much! We will keep it up, especially when we have people like you supporting us.

  • @Tyteamgs
    @Tyteamgs 6 дней назад

    Welp yall Got my sub very helpful and well explained video

  • @danieltrammell1916
    @danieltrammell1916 6 месяцев назад +12

    I use Fidelity, buying from the States Street Company S&P 500 ETF (SPLG). Expense Ratio 0.02% about $60 per/share growth stocks for wealth, I love red days.

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      Cool! That’s also a great expense ratio. Yup, red days can definitely be positive if you look at it like investments are on sale.

  • @lilmama2628
    @lilmama2628 6 месяцев назад +3

    Yes! I actually have the CMA with Fidelity, I love it!!!

  • @valenciaarnold6065
    @valenciaarnold6065 13 дней назад

    Great video. Thank you for the terminology in the description.

  • @chychychibuezeh1853
    @chychychibuezeh1853 6 месяцев назад +11

    I really love how you too simplified the content. I'm a beginner and would appreciate more coaching on investing in these platforms

    • @WealthTwins
      @WealthTwins  6 месяцев назад +3

      Thank you! We also have a few videos with some tutorials on these platforms. Search wealth twins Schwab or wealth twins fidelity to see if they are helpful.

  • @emsorrell
    @emsorrell 6 месяцев назад +4

    Thank you ladies. You have helped me to decide on an investment platform. I have subscribed!

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      Great. We're happy we could help.

  • @teejenkins2101
    @teejenkins2101 3 месяца назад +1

    Because of you TWO PHENOMENAL Brilliant BEAUTIES, I used one of tutorials in 2022 to open my VERY FIRST brokerage account at CS🙏🏾 You Two have NO IDEA how much you have blessed my life and I am SURE thousands of others🤗🙏🏾😘 I grew up in The Bronx as well and I appreciate how dedicated and committed you are to educating the world about wealth building. I told our 3 that ONE DAY, I will meet My Wealth Twins🙏🏾🤗🙌🏾 May God continue to bless you and your families 🥳🙏🏾

    • @WealthTwins
      @WealthTwins  3 месяца назад

      Thank you so much. You have no idea how good that makes us feel. To know that the work that we are doing is actually helping people is a blessing in and of itself. Who knows, one day you will meet us and we look forward to it.

  • @julietturner4915
    @julietturner4915 6 месяцев назад +5

    A wealth of information for sure.

  • @Sag76707
    @Sag76707 2 месяца назад +1

    Thank you Ladies! You have really taught me well!!!🙏🙏🙏

  • @anuraguppal8730
    @anuraguppal8730 26 дней назад

    I love the twins (their personality -agree and disagree with each other love that, knowledge in investments, and simplify complex topics - easy to understand).

    • @WealthTwins
      @WealthTwins  26 дней назад

      Thank you so much for watching our videos and for the great observation!

  • @deerich7552
    @deerich7552 6 месяцев назад +2

    Thanks for the info! I've had all three and wasn't sure who I wanted to start back investing with. This video helped me.

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      You're welcome and thank you for watching.

  • @MichelleTyson-h8w
    @MichelleTyson-h8w 2 месяца назад

    Thank you so much!! Very helpful!

  • @LindaBronson-o3m
    @LindaBronson-o3m 6 месяцев назад +3

    Great information ladies. Thank you

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      You’re welcome. Thank you so much for watching and the nice feedback.

  • @stanmoney8470
    @stanmoney8470 19 дней назад

    What you think about acorns?

  • @Mzldy1shari
    @Mzldy1shari 6 месяцев назад +3

    Very informative! And thank you for the 25 terms free guide 🙌🏾

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      You're welcome and thank you for watching.

  • @ibezimgoodluck7329
    @ibezimgoodluck7329 3 месяца назад

    Do i get interests if i decide to leave my money on the brokers account without buying stocks with it

  • @lorethaholmes5384
    @lorethaholmes5384 6 месяцев назад +4

    Thank you for the information just about to open an account ❤

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      You're welcome. We're glad we could help.

  • @xmotorsporttv246
    @xmotorsporttv246 12 дней назад

    @WealthTwins How do you open a brokerage account from a foreign country outside the US and trade stocks as a beginner?

  • @cindycapozio
    @cindycapozio Месяц назад

    So glad I came across your video!! I’m a gen X beginner and I agree with all your education here! I went with Charles Schwab for my brokerage account because my workplace 401k is there so I like to keep it all together for convenience. And the fact that you ladies are teaching me the basics is great!! Thank you!!! And y’all are knowledgeable and entertaining as well!! 😊

  • @parishamurray6154
    @parishamurray6154 27 дней назад

    Love the content and how thorough you two are!

  • @Pintopam321
    @Pintopam321 6 месяцев назад +2

    Great video! Loved the dynamic commentary between you both!❤

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      Thank you so much! We really appreciate you taking the time to watch and write.

  • @akin242002
    @akin242002 6 месяцев назад +4

    Fidelity for those that live a local life and don't travel outside the USA.
    Schwab if you travel and want to bank long-term.

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Hey Mr. Berry!

    • @Tydye09
      @Tydye09 5 месяцев назад +2

      I don’t understand? Can you explain why?

    • @akin242002
      @akin242002 5 месяцев назад

      @Tydye09 Travel perks with Schwab.
      - Charles Schwab Amex Platinum credit card for premium travel experiences.
      - Great international checking account.

  • @nicolewaters2581
    @nicolewaters2581 Месяц назад

    Excellent informative video. Thank you!

  • @jasonbiernat2944
    @jasonbiernat2944 3 месяца назад

    Thank you very much! Great information!!!

  • @Spiritoso3791
    @Spiritoso3791 Месяц назад

    This was a lot of great information. Do you have any thoughts on SoFi investing? Thank you.

  • @shaneadockery8508
    @shaneadockery8508 Месяц назад

    This video was fantastic! Thank you

    • @WealthTwins
      @WealthTwins  Месяц назад

      Thank you we appreciate that. Hopefully you subscribed to the channel

  • @LTgoBirds
    @LTgoBirds 3 месяца назад

    I just found this channel and am binging. I will definitely share and thank you you what you do. You guys are dope. God bless.

  • @estevesfranklin2129
    @estevesfranklin2129 5 месяцев назад +3

    Amazing content, thank you.💯

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      Thank you so much for the nice compliment. We are trying to really make stuff that is helpful so we appreciate the feedback.

  • @DeTudoumPoucoemNovaYork
    @DeTudoumPoucoemNovaYork 6 месяцев назад +7

    Omg and you are so smart at such an young age

    • @WealthTwins
      @WealthTwins  6 месяцев назад +3

      Aww thank you! We appreciate the comment and also appreciate that we can still be seen as young 😊

  • @johnniemae794
    @johnniemae794 4 месяца назад +1

    Thank you both so much God Bless

  • @nobodycares1211
    @nobodycares1211 25 дней назад

    This info was priceless
    Thx u

    • @WealthTwins
      @WealthTwins  24 дня назад

      You’re welcome. Thank you for taking the time to watch our videos!

  • @toshalynsanders
    @toshalynsanders 5 месяцев назад +1

    Thank you for sharing your knowledge. Which platform is good for Options trading?

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      We suggest that most people stay away from options especially if you are a beginner.

  • @quentensims415
    @quentensims415 Месяц назад

    Love your informative pod cadt❤

  • @nanasofia
    @nanasofia Месяц назад

    Many, many thanks ladies for you information. Spot on and Rock on!!!!!!

    • @WealthTwins
      @WealthTwins  Месяц назад

      You’re welcome! Thank you for watching!

  • @chuckb.7100
    @chuckb.7100 6 месяцев назад +3

    If you retire in Asia can you still use Fidelity and Schwab for the trading and money market .

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Interesting. We have to look into that.

    • @stevedice5963
      @stevedice5963 6 месяцев назад

      ​Depends on which country. Schwab has a list of countries they dont want to deal with. Phillipines is one of them ​@@WealthTwins

    • @maytelopez2852
      @maytelopez2852 2 месяца назад

      Or you can use a VPN!

  • @inger_stapleton
    @inger_stapleton 3 месяца назад

    THANK YOU for dropping tickers! It's why I subscribed to you guys.... I just wanted a little more direction in that area and I'm especially interested in Dividend tickers to CONSIDER not holding you accountable for their performance.

  • @veteran31pb
    @veteran31pb 5 дней назад

    How do you all feel about cash apps platform

  • @queenbee3734
    @queenbee3734 4 месяца назад

    Which brokerage can I use as a citizen of Saint Lucia. Charles Schawbb informed me that they only work with the following Caribbean islands: the Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Puerto Rico, Trinidad and Tobago, Turks and Caicos and the United States Virgin Islands.

  • @lischentah4057
    @lischentah4057 Месяц назад +1

    I love you guys so much.
    This video is so helpful to me.
    Please, set up an Elite line where people can call and chat with you guys. 30min/hour calls. I will pay it 😅

  • @VashtiPerry
    @VashtiPerry Месяц назад

    Thank you

  • @xavierkh93gahanna
    @xavierkh93gahanna Месяц назад

    VERY valuable info. Thank you pretty ladies 👍🏽

    • @WealthTwins
      @WealthTwins  Месяц назад

      You’re welcome! Thank you so much for the compliment too! 😊

  • @joshuam.haewardl2326
    @joshuam.haewardl2326 3 месяца назад

    Thank you for taking the time to explain. I live in The Bahamas.

    • @WealthTwins
      @WealthTwins  3 месяца назад

      You’re welcome! Also The Bahamas are beautiful!

  • @MichelleTyson-h8w
    @MichelleTyson-h8w 2 месяца назад

    Thank you both so much! I’ve finally opened an IRA Roth and this video helped me bite the bullet! I chose to use Vanguard and was just able to waive the $25 annual fee when I signed up for “e-delivery.” I’ll be getting emails instead of paper statements through the mail. I really can’t thank you both enough for this video! 🙏🏻❤️

    • @WealthTwins
      @WealthTwins  2 месяца назад

      Great! You're welcome, we are glad we were able to help.

  • @ciaranicole1103
    @ciaranicole1103 2 месяца назад

    Great video. Very helpful.🙂

  • @ashleym6765
    @ashleym6765 3 месяца назад

    I use Vanguard... I have the minimals 🤷🏾‍♀️

  • @organizer14
    @organizer14 3 месяца назад +1

    Any threat of loss in this brokerage accounts?

    • @aaronmorber1943
      @aaronmorber1943 2 месяца назад

      Yes there are risks with loss for all brokerages but if you get hacked and you did not voluntarily give information away to hackers like account information spic insurance will cover you up to a certain amount and if they go bankrupt the spic insurance will let you keep your assets up. To a certain amount and you can then either sale or or transfer to another broker there is no coverage for stocks tanking by djt media stock znog oil or apex oil they will go up even if times of uncertainty also consider believe or not tesla and Ford I know they are not expected but I think they will all do very well

  • @carmenwhite8744
    @carmenwhite8744 6 месяцев назад +2

    What do you think about webull?

    • @WealthTwins
      @WealthTwins  6 месяцев назад +4

      It’s a newer platform that we actually don’t use. We would have to do more research before giving a full out opinion.

  • @HULYRICSTV
    @HULYRICSTV 6 месяцев назад +1

    This is my first time on this show but let me tell y’all something, before I read the name of the show I was entrigued by the set up and subject matter but what got me the most was the thought that this woman AI herself into another screen to interview herself. OMG 😳 but it gave me a great idea so if you don’t mind fellow twins, I’m going to Jack that idea and put a spin on it for my show. 😂 love the content here!!

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Ha! That’s hilarious. Now you’ve given us an idea! Don’t be surprised if you come back and watch an episode of the Wealth Quads! Thank you for taking the time to watch and comment.

  • @coachlove101
    @coachlove101 6 месяцев назад +2

    Thank you @wealthtwins such valuable info🤗👍🏽

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      Thank you so much. We really appreciate that

  • @frantzpierre6569
    @frantzpierre6569 6 месяцев назад +2

    Wow 😮, what a wonderful show that was? Thanks a million Ladies! I appreciate what you’re doing. Respect ✊🏿

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Thank you so much for the nice recognition and for taking the time to watch the show! We will have another one coming out this week!

    • @frantzpierre6569
      @frantzpierre6569 5 месяцев назад

      Wow! You guys actually read and responded to the comments? 👏🏿👏🏿👏🏿👏🏿! I personally would like to thank you for responding. Blessings AGOGO upon you guys. I can’t wait for next episode.

  • @johnhkent2796
    @johnhkent2796 6 месяцев назад +2

    Who has the better deal on CD’s

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      They all seem to have similar rates on cds

  • @LinhNguyen-sr4tt
    @LinhNguyen-sr4tt 6 месяцев назад +3

    Thank you and very well explained!

  • @janinethomas9069
    @janinethomas9069 Месяц назад

    Absolutely Amazing videos. Thank You 🎉

    • @WealthTwins
      @WealthTwins  Месяц назад

      Thank you so much! We really appreciate reading such a nice comment!

  • @ZeroTheInfinite
    @ZeroTheInfinite Месяц назад +1

    0:41 Nicole been having a brokerage account since she was 2 🤣🤣🤣

  • @jeromecroix1796
    @jeromecroix1796 5 месяцев назад +2

    Thank you 🙏🏾

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      You’re welcome. Thank you for taking the time to watch and comment.

  • @johnhkent2796
    @johnhkent2796 6 месяцев назад +3

    What you think about ALLY

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      We haven’t used them. We would have to try them out before giving a full opinion on it.

    • @i_am_unique1344
      @i_am_unique1344 6 месяцев назад +2

      FYI, I opened an account for my grandson at Ally. They don’t do fractional shares. For this reason, I wouldn’t recommend.

  • @dshep832
    @dshep832 5 месяцев назад +1

    Great content and thanks for sharing!! I’ve done a little research on all three platforms as well. As for Vanguard, their annual fee can be waived if you sign up for e-delivery of statements, right?

    • @WealthTwins
      @WealthTwins  5 месяцев назад +1

      Yes and just saw that. Thanks for bringing that to our attention . They just updated their fees in a recent email I recieved. There will now be a fee of $100 for closing and transferring your account to another broker along with other ones we didn't mention in the video.

  • @LeVidocq
    @LeVidocq 2 месяца назад

    Very helpful.

  • @nataliacali86
    @nataliacali86 4 месяца назад

    I am failing to see the difference between these accounts and Webull for example. I can call any of these 3 platforms but will this be for investment advice?

    • @WealthTwins
      @WealthTwins  4 месяца назад

      Each one that we mentioned does have a financial advisory arm of the business which is what you can use if you felt you needed financial advice rather than managing your account on your own.

  • @AngelDivination
    @AngelDivination 4 месяца назад

    Thank you ladies this was very hepful.

  • @KatherineWinston
    @KatherineWinston 5 месяцев назад +1

    Thank you guys great information. I have been pondering where I want to roll my T ROWE PRICE account and this information was very helpful. Now I have some choices.

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      You’re welcome. Thank you very much for watching. We’re really glad the video helped you. Have a great day

  • @emmanueloghumah6244
    @emmanueloghumah6244 4 месяца назад

    What do you know about E*Trade?

  • @WP-pq1iu
    @WP-pq1iu 4 месяца назад

    Great podcast episode.

    • @WealthTwins
      @WealthTwins  4 месяца назад

      Thank you! We really appreciate the feedback you are giving.

  • @i_am_unique1344
    @i_am_unique1344 6 месяцев назад +2

    Great video!!❤❤

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Thank you!! Also thank you for taking the time to watch, we really appreciate it

  • @jamebong1494
    @jamebong1494 3 месяца назад

    if you pay attention on your balance before and after market then next day start balance you might see your balance drop down for Charles S

  • @BlancaGarcia-wv7rw
    @BlancaGarcia-wv7rw 6 месяцев назад +1

    Is the brokerage account better than the Roth 401k?

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      We wouldn’t say one is better than the other. They are for different purposes. IRA is for retirement wheee the taxable brokerage account is for whatever goal you want it to be and you can take the money out anytime you want without an early withdrawal penalty.

    • @BlackBeard_305
      @BlackBeard_305 3 месяца назад

      @@WealthTwinsthank you for explaining

  • @margylees3489
    @margylees3489 2 месяца назад

    Thankyou for your expertise ladies.
    We had know idea and went in blind here in NZ it was rampant a month ago and on adds etc we would not have thought of it otherwise. We ended with up Fiatvision not by choice but by answering an add.
    So far our brokers have pushed for more money to invest to be able to trade depositing ×3. Has been disheartening to say the least got quiet upset he didnt take no for an answer the 2nd and 3rd time felt we were being scammed as they had advised on a trade and it went the other way its a long trade but what was 1 month now is 2months. Any positive advise out there.

  • @sfedrickbridges
    @sfedrickbridges 6 месяцев назад +1

    Ladies, why is there a need for accounts at more than one brokerage? I am learning that index funds and ETFs are a great start for new investors, me. I will listen to that video with the 25 terms to know, need that.

    • @WealthTwins
      @WealthTwins  6 месяцев назад +2

      There is no need for using more than one broker unless there are specific funds you want to buy.

    • @jossieperez4077
      @jossieperez4077 Месяц назад

      What is an etf?

  • @baltimoreboy42
    @baltimoreboy42 4 месяца назад

    This was a great video thanks 🙏🏾

    • @WealthTwins
      @WealthTwins  4 месяца назад

      You’re welcome. Thank you for watching and writing.

  • @pamelajuniel3151
    @pamelajuniel3151 4 месяца назад

    I just subscribed and going to share info with my young daughter!

    • @WealthTwins
      @WealthTwins  4 месяца назад

      Great! Thank you so much for watching and for the support!

  • @rfrancoi
    @rfrancoi 2 месяца назад +1

    Thank you SO much for all your hard work and dedication. Our community needs to become more educated on financial matters.

    • @WealthTwins
      @WealthTwins  2 месяца назад +1

      Thank you and thank you for watching.

  • @emmanueloghumah6244
    @emmanueloghumah6244 4 месяца назад

    What about E*Trade?

  • @anthonyvanburen3998
    @anthonyvanburen3998 6 месяцев назад

    Please produce a video on how to began withdrawing from your investment account. I’m 63 and about to take over my portfolio but I’m not sure how to sell prior to setting my automatic withdrawal.

    • @WealthTwins
      @WealthTwins  6 месяцев назад

      Thank you for writing and watching. We would love to help, but since it might be platform specific it would be best to call the customer service. If you have any of the 3 that we spoke about here they would definitely be able to help you. Good luck and congrats on retiring!

  • @loznit1231
    @loznit1231 Месяц назад

    Does any of the three: Vanguard, Schwab, Fidelity have a brick and morter building or location(s) if you want to speak with a representative in person ?

    • @WealthTwins
      @WealthTwins  Месяц назад

      Charles Schwab and Fidelity do. Not sure about vanguard.

    • @loznit1231
      @loznit1231 Месяц назад

      @@WealthTwins Thank you. I called Vanguard and the rep over the phone kept on asking me for my social security number, they had to put me on hold to find out if there was a brick & mortor location I could visit to open an account. I never really got a straight answer, they told me they could send me an application by mail if I would like to open an account that way. I agreed to have the paperwork mailed. It has been over a month since the phone call and I still have not recieved the applications by mail. I called Charles Schwab and the rep gave me a list of two locations I could visit in person in my area to open an account in person.

  • @Rebecca-cj6ln
    @Rebecca-cj6ln 3 месяца назад

    Very helpful video

  • @troygoss6997
    @troygoss6997 6 месяцев назад

    Is it better to pursue index funds or individual dividend yielding stocks?

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Great question! We actually gave an answer to it in our newest video. Check it out here, we just released it. ruclips.net/video/G8d8jRTtNXY/видео.htmlsi=n7o4dPD5BU1-_Zro

    • @123lowp
      @123lowp 6 месяцев назад

      You better really know what you are doing if you buy individual stocks to hold long. Do you?
      If you have a 5+ year horizon, growth ETFs are going to be your best bet. I recommend any combination of these index growth ETFs: MGK, VOOG, VUG, SCHG, VONG

  • @waynefawver1126
    @waynefawver1126 5 месяцев назад +2

    Schwab vs Fidelity, These can be great brokerage accounts. How can you talk this entire presentation teaching new users of these platforms and not mention expense ratios and fees? Long term investors accepting the extreme higher cost of 90% of available funds from Fidelity or Schwab result in negative compounding investor returns. At least include a caution statement of cost comparison.

    • @WealthTwins
      @WealthTwins  5 месяцев назад +8

      Wow! This comment may make people believed you actually watched this whole video. We clearly had a whole section about fees and expense ratios. On top of that when was the last time you looked at what Fidelity and Schwab had to offer? They have many low cost funds and Fidelity even has a whole class of zero funds. Other than that, thank for your comment and have a good day.

  • @BlackMFVelvet
    @BlackMFVelvet 3 месяца назад

    Subscribed!

    • @WealthTwins
      @WealthTwins  3 месяца назад

      We appreciate you

    • @BlackMFVelvet
      @BlackMFVelvet 3 месяца назад

      @WealthTwins i appreciate yall.
      Love seeing skinfolk doing well and i love that yall are sharing this information

  • @chriseversman8422
    @chriseversman8422 5 месяцев назад

    Hi why don't you ladies talk about acorns

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      Hi, thanks for asking. We actually did a video about Acorns vs Robinhood awhile ago. We don't often speak about them because we like to have more options and control than they give their customers. Is there something you think we should look at when it comes to them? Also, here is the video we did back in 2022 ruclips.net/video/-_zltVz9-JU/видео.htmlsi=p4VIBtDn4L1_RlBN

  • @DEAON00
    @DEAON00 6 месяцев назад +4

    What about Robinhood, im currently using that now. What do you think about it?

    • @WealthTwins
      @WealthTwins  6 месяцев назад +3

      We don’t use Robinhood. They have lots of features, but also had some issues in the past that you might want to research. Hope that helps.

    • @akin242002
      @akin242002 6 месяцев назад +1

      Robinhood is not the most trustworthy place to invest long-term.
      Also, the business isn't making reliable money. Sometimes they are deep in debt other times they are booming in profits. Their core business relies on customers to day trade frequently, which most people lose money doing.

    • @ElWisdom
      @ElWisdom 6 месяцев назад

      ​@WealthTwins hence the name Robinhood

  • @mariemcdonard2906
    @mariemcdonard2906 6 месяцев назад

    Hello ladies, how do I become investor who doesn't have to much money and who would like to just put the money somewhere and let it be managed and grow. How do i go about that?

    • @WealthTwins
      @WealthTwins  6 месяцев назад +1

      Hi Marie, thanks for the question. Having your money managed would cost you management fees or financial advisor fees. You might want to check out this video we did about stock slices - it’s a way to invest in the stock market with just $5. Here is the link How To Buy Stock Slices On Charles Schwab (2 EASY WAYS!)
      ruclips.net/video/cAhCRqgc6jQ/видео.html

  • @aaronmorber1943
    @aaronmorber1943 2 месяца назад

    Pick a few hope for the best be prepared for the worst

  • @mr.leisure6254
    @mr.leisure6254 5 месяцев назад

    Thats right forever 21❤. Thanks for the information on the ETF and Index.

    • @WealthTwins
      @WealthTwins  5 месяцев назад

      Ha! Forever 21 ❤️. You’re welcome and thank you for watching!