Is the seemingly big hurdle of opening your investment accounts stopping you from starting?
Fear no more, my friend! This task is surprisingly easy!
The video above breaks down the things you need to think about and prepare for BEFORE you open your investment accounts. But don't make the mistake many people make- which is thinking it's harder than it is.
Yes, this is a big step.
No, it is not one you need to loose sleep over.
In the video I take you through the 4 things I look for in a custodian (the place where you will open your accounts) and then I give you my TOP recommendation.
Here is my criteria:
1. Able to open both retirement and non-retirement accounts
2. A good mobile app
3. Ability to invest in fractional shares
4. Automatic reinvesting... in ETFs!
Of all the places I have used, SoFi is the only one that checks all my boxes! If you want to open an account with SoFi, use my referral link below!
(This is an affiliate link that may give us both free stock if the funding requirement is met).
And where you should NOT be investing?!
Places where they are going to try to get you to invest in their overpriced funds or commissioned products. And those places are... your bank and credit union. Womp, womp, wompppp.