Totally. Cash app does not all the full blown investing experience where many features, account types, high interest on buying power, wide availability of stock, etf, and mutual fund options, etc compared to a brokerage firm that has been doing this as their bread and butter forever like Schwab, fidelity, vanguard, etc. I like to use apps where people know what they primarily do and cash app is just a peer to peer money transfer service first, investing app second. Cash app has only an individual brokerage account only so no Roth IRA, IRA, etc. you can earn high interest on cash but to my knowledge you have to have their credit card or an fdic insured account, otherwise it’s not FDIC insured. Minimal education content compared to other apps, there’s no options trading if that’s your thing, not all stocks or ETFs are available on cash app, their app is slower compared to others, and customer service is going to be way better with other brokerages.
My friend I'm from Brazil, I'm 30 years it took me some years to save 10K dollars, because it's a lot here, it's 6.30, I'll start to invest everything on January, but I'm a little bit scared because it's too much here haha, should I buy in one time 3 etfs, voo, schd, qqqm ou buy every month? Or should it be a good idea put 50% into a safe place like US treasures, since the dollar here it's only becoming more expensive, it will be more in the future in every way, can someone help me?
ETFs will beat out treasuries. You’re still young and have room for risk and reward. Those 3 ETFs can make you a lot more capital gain in the future. Just continue to buy shares month to month
My opinion is ETFs will beat treasuries. You have a lot of room in your investing journey. I think you should buy monthly and continue to do this strategy for as long as you can. Investing is so powerful when you consider long term compounding of dividends and capital gains. You can dabble in treasuries when you’re 3-4 years away from retirement but for now, only ETFs.
@@Marcos_Milla thx but when you say monthly are talking about the future or talking about my 10K, because I think that day 2 or 3 I'll buy those 3 etf, and keeping buying, but the real question is buy the 10K on January or keep the cash and buying monthly till I invest all my 10K so I can start to buy more dollars, what do you think? I'm trying to save my family for the inflation here
@@xBrunnoKobaiNxI’m talking about the future. (Not financial advice) but you can lump sum all your 10k at once come January or you can just invest monthly until you hit 10k but regardless I would continue to invest monthly
What Investing App Do You Use?
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Could you elaborate a little more on why you think Cash App is so bad? Just curious!
Totally. Cash app does not all the full blown investing experience where many features, account types, high interest on buying power, wide availability of stock, etf, and mutual fund options, etc compared to a brokerage firm that has been doing this as their bread and butter forever like Schwab, fidelity, vanguard, etc. I like to use apps where people know what they primarily do and cash app is just a peer to peer money transfer service first, investing app second. Cash app has only an individual brokerage account only so no Roth IRA, IRA, etc. you can earn high interest on cash but to my knowledge you have to have their credit card or an fdic insured account, otherwise it’s not FDIC insured. Minimal education content compared to other apps, there’s no options trading if that’s your thing, not all stocks or ETFs are available on cash app, their app is slower compared to others, and customer service is going to be way better with other brokerages.
My friend I'm from Brazil, I'm 30 years it took me some years to save 10K dollars, because it's a lot here, it's 6.30, I'll start to invest everything on January, but I'm a little bit scared because it's too much here haha, should I buy in one time 3 etfs, voo, schd, qqqm ou buy every month? Or should it be a good idea put 50% into a safe place like US treasures, since the dollar here it's only becoming more expensive, it will be more in the future in every way, can someone help me?
ETFs will beat out treasuries. You’re still young and have room for risk and reward. Those 3 ETFs can make you a lot more capital gain in the future. Just continue to buy shares month to month
This ^
My opinion is ETFs will beat treasuries. You have a lot of room in your investing journey. I think you should buy monthly and continue to do this strategy for as long as you can. Investing is so powerful when you consider long term compounding of dividends and capital gains. You can dabble in treasuries when you’re 3-4 years away from retirement but for now, only ETFs.
@@Marcos_Milla thx but when you say monthly are talking about the future or talking about my 10K, because I think that day 2 or 3 I'll buy those 3 etf, and keeping buying, but the real question is buy the 10K on January or keep the cash and buying monthly till I invest all my 10K so I can start to buy more dollars, what do you think? I'm trying to save my family for the inflation here
@@xBrunnoKobaiNxI’m talking about the future. (Not financial advice) but you can lump sum all your 10k at once come January or you can just invest monthly until you hit 10k but regardless I would continue to invest monthly
Can you do the same for the best ETFs. Like voo, schd, and qqq
10000%. Most likely will be out come end of January or maybe even in the next week
@@Marcos_Milla awesome. I love voo but in time I may branch out in my tax brokerage. Thanks
M1 finance for easy dollar cost averaging! Set it and forget it
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