I’m a complete newbie. The only “investing” I’ve ever done is use HYSAs. Obviously the yield there, while pretty good, isn’t as good as investing in say, the S&P 500. So I want to invest a chunk of my savings into that and just leave it there until I retire. I’m not really looking into daily/active trading or anything. The problem is I don’t know how fees work with brokers.

I saw this graph a while ago so I was thinking of Fidelty. It also helps that I already have an account there for my employer RSUs and my 401k. On the other hand, a colleague of mine suggested Schwab and said they don’t have any fees.

Can anyone suggest the best broker (minimal/no fees, easy-to-use, set-and-forget) that I should go with if I just want to invest in the S&P 500?

  • edric@lemm.eeOPEnglish
    2·
    14 hours ago

    Thanks. I might try Fidelity if no one else says otherwise.

    • CatsGoMOW@lemmy.worldEnglish
      4·
      14 hours ago

      You won’t be making a mistake by picking Fidelity. Vanguard is also a good choice as others have said. Fidelity generally has a better UI than Vanguard if that is important to you.