Easy Access

One friendly aspect of our highly-digitized times is that there are intro apps to the world of investing, which is actually sorta cool.

Carbon dating myself a bit here but remember the commercials – “My broker is E.F. Hutton, and E.F. Hutton says …” and everyone would stop what they were doing, ‘cuz he’s about to ruin, the image and the style thatcha used to.

Yah, those were the days when investing was reserved to a certain class, and no others need attend. 
Now, can start baking your portfolio pie with just $25. 

BUT! But, like anything & everything else, must do the research … do the due (diligence), as it t’were. 

Some of the biggies are
              Charles Schwab (“Schwab Mobile),
                             Edward Jones (“Edward Jones”),
                                           and Fidelity (“Fidelity Investments”)

BUT!  Fees go along with the name brand and notoriety.

Other options?
              Betterment
                             Acorns
                                           Robinhood

Still fees, but everything costs, just a question of how much.

Consider:  Investment companies = mutual funds,
the only (not really but kinda mostly yes) real way to invest BECAUSE  
              investment companies buy many, many, many, MANY stocks and bonds
                             investment companies are managed by pros
                                           investment companies have a larger pool of funds to make purchases AND
                                                          AND (the biggie here) much lower buy-in/initial investment cost

Go there.  Do that.

AND And and mutual funds are “open-end,” which means buyers/investors can buy/sell their shares whenever, and the fund will redeem (i.e., “buy”) if buyer/investor wants to sell. 

Go there.  Do that.

As opposed to “closed-end,” which means there are a limited number of shares available for purchase, and the mutual fund will not redeem (i.e.,”buy”); buyer/investor who wants to sell a “closed-end” mutual fund … gotta find another buyer for the stock/shares on the open market (see:  NYSE).

AND And and there’s these things called UITs, or Unit Investment Trusts.
Basically a mutual fund but for bonds rather than stocks
Bonds purchased within the fund:
              share a similar interest rate
              share a similar maturity date
              buyer/investor can sell at any time (need not wait for maturity)
              or, buyer/investor can wait until bond matures at maturity date, get paid then

And finally … the big whale.  Wrap Accounts / Private Money / Wealth Management
(ain’t nobody gaht tahm fadat)
With these …
              Money manager provides advice
                             Broker takes advice re investments
                                           Minimum buy-in/upfront $$$?  $100K,
                                           yes ONE HUNDRED THOUSAND DOLLARS
                                                         Fees?  Oh yes and of course BUT
                                                                             paid to broker based on relationship, not trade activity

In other words, so not the gyatt rizz skibidi … aside from clout/mog(wat), don’t bother.

So there’s that.  Should probably do some of this meedarn self. 

Do as said, not as … not done. 

Amma get to it, amma get to it … Gimme a minute (or about 2,629,746 … baby steps)