Anyone have a good suggestion for someone investing in stock market for first time? I have a Robin Hood and Sofi invest accounts.

Hertz is coming up with a new offering. Then there's always american airlines, carnival Cruise and Chesapeake energy.

Yup. Invest in ETFs specifically VOO, SPY. Do not and I repeat DO NOT invest a large portion in stocks (small proportion of your portfolio is fine) because long term it’s very difficult to make money in them and beat the market (aka VOO/SPY). If you want higher returns (higher risk) think about investing in 3X return based ETFs e.g. TECL - Tries to get 3X the return of tech sector. Long term investment in ETFs gets you a tax advantage of 10% tax rate on gains rather than your tax rate which is usually much higher than 10%. Remember you cannot time the market over the long term and hence continuous investment over long term will help get you strong results.

Trading is free (no cost) now. Start small, learning as you go. Always remember: stock is always the winner in the long run compared to bond.

OP, If you are investing for the goal of buying a car from the 5K saved in 1 year - stock market is not the place as its meant for longer term investments. There are “anomalies” in segments of the market at times where based on your knowledge and area of expertise you could make outsized returns, but those are few and far between.

Here’s my advice: put it all into bonds / MMFs if you’re eager to invest right now. Market today is incredibly volatile and unpredictable. Retail investors with little knowledge as a category are always losers in this scenario, as we’ve seen over the last 2 months. Wait for a potential big market drop (20%+), and slowly buy into SPY/VOO. Broad indices will grow in the long run

Low cost S&P 500 index fund. If you look at studies that have been conducted over decades, most people are better off going down this path. Most people do not consistently beat the market over an extended period of time. Why not simplify things and make sure you get your share of the pie.

Thanks learned buying small stocks doesn’t work well after last week. Do you guys know what’s the fastest way to grown my money? Need to buy a new car next year. Would like to do so cash. Have 5k invested thus far.

Thanks for the honesty

With the kangaroo market right now option plays are pretttty lucrative. Just don’t be a 🌈 🐻

Play the long game