{ "media_type": "text", "post_content": "Robinhood or vanguard for a personal investment account? 23, have ~15k in savings, ~20k in 401k, ~5k in Roth IRA, and currently ~12k in robinhood. Want to put more in investments but have heard vanguard is better for someone like me?", "post_id": "5ff84e43e4c1a800213394d3", "reply_count": 6, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Robinhood or vanguard for a personal investment account? 23, have ~15k in savings, ~20k in 401k, ~5k in Roth IRA, and currently ~12k in robinhood. Want to put more in investments but have heard vanguard is better for someone like me?

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Robinhood is not a platform to build sustainable wealth—its a entry level tool at best. Get a proper brokerage with TD, or Merrill, vanguard would be okay as well.

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I’ve got almost identical stats and just opened up a fidelity account to move all the Robinhood stuff

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I wouldn’t, 15k is not a large safety cushion

Eh, that's about 6 months safety net for medium cities.

I moved everything to Schwab recently but I’ve heard many good things about TD and ETrade. These larger brokerages offer more investment products such as early stage SPAC before RH gets access to them. As soon as other places started offering zero commission, their competitive edge went away in my opinion. If you want crypto, these is SQ cash app as well.

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