Finance

Analyst Breakdown

• Fidelity 🏆Fidelity is the clear winner here. They realized early on that young people hate ugly apps. Their mobile app is fast, intuitive, and offers a "Beta Experience" that looks like Robinhood but is backed by a powerhouse. You can buy $1 of Nvidia or Tesla easily.
• Charles SchwabSchwab is the "professional" choice. It bought TD Ameritrade (and the famous Thinkorswim platform), making it the king for technical analysis. However, the standard app can feel a bit like a spreadsheet. It’s powerful, but not "fun."
• VanguardVanguard is a non-profit cooperative owned by its funds. They don't care about looking cool. Their app is notoriously clunky. It is designed for the person who buys an index fund once a year and closes the app. If you want to trade daily, Vanguard will frustrate you.\

Analyst Breakdown

• If Apple goes down but Amazon goes up? You’re fine.
• If one company goes bankrupt? You’re fine.
• The Secret Weapon: Do not just buy it in a normal brokerage account. Open a Roth IRA.

Analyst Breakdown

• In a Traditional Bank (0.01%): You earn $2 per year. (Yes, two dollars).
• In a HYSA (4.50%): You earn $900 per year.
• In the USA: Look for FDIC Insurance. This protects your money up to $250,000 if the bank fails.