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re: Rookie investing $1K in the stock market...need your help

Posted on 1/13/15 at 3:02 pm to
Posted by lsujro
north of the wall
Member since Jul 2007
3927 posts
Posted on 1/13/15 at 3:02 pm to
quote:

$1000 isn't really worth buying multiple companies as the fees will set you pretty far back. Say you bought stock in 4 companies at about $250 each, your already 4% in the hole with a $10 commission, plus another 4% when you sell. So, to me, it doesn't make sense.


look into the robinhood app. no fees
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