Online Stock Trading
Does anyone do this online at all? I have some cash I think I would like to invest in something more than a savings account, but not sure how the best way to go about it is. I'm just wondering if anyone of you use a service online or if you use another broker somehow.
I'm looking at Zecco right now b/c they look to be fairly cheap, and you don't have to have a minimum balance. Let me know what you guys use and how you like it.
There was at least one pretty in-depth discussion on this already...try a search.
[quote117938350e="FreeOffersNow"]There was at least one pretty in-depth discussion on this already...try a search.[/quote117938350e]
Did you get the G37?
I did the search, and all that is talked about is how to invest (stock, mutual funds, cd, etc...) I want to know where the best place online is to trade stocks. A rather simple question that I know you have an opinion on fon.
I use Scottrade and haven't had any bad experiences. They have lots of offices if you ever need that for some reason, but I simply use direct transfer from my bank into my stock account. They also take checks by mail and such. Very easy to open and use. I would recommend them. $7 fee on trades. As long as you are an "investor" and not a "trader", I recommend them. Still cheap if you like to trade a lot, but as I'm sure you know, doing so will rarely result in better results (and even though, only due to chance).
I have used scottrade for over 10 years now, and never had a problem, I would also highly recommend them.
I use TDAmeritrade and they seem alright. At least 2 months of free free trades then after that it is $9.99
I was just about to bump that old stock/investing topic a couple days ago. I've always heard e-Trade was the best but I just read that in SmartMoney.
[quotea350e83ff3="gmario"][quotea350e83ff3="FreeOffersNow"]There was at least one pretty in-depth discussion on this already...try a search.[/quotea350e83ff3]
Did you get the G37?[/quotea350e83ff3]
Haven't even test-driven it yet. My license was suspended 3 on 2 for FTR (failure to respond) to tint tickets. 3 of the 4 tickets have since been dismissed, and I'm just waiting to hear back from the 3rd court on the 4th ticket (should be dismissed as well - fingers crossed). Once the suspension is lifted, I'll take her for a stroll.
I purchase shares in the UK. Although it is risky, if you know what your doing then you can double your money in under a year. So any interest from your savings account would look like pennies compared to your profit from your investment in shares. I do it directly through an online broker.
Dealing in shares means you need to know what could make the company share prices go down as well as up and also what the market is like as an whole. Some people say dealing in shares is just like gambling, but realistically yes you can loose your money, but are more likely to gain if you know a lot about finance and how business operate, etc.
At least if you bought a lottery ticket, you are more likely to lose that, but with shares, the more you know the better you can perform in them.
I use Scottrade. There is a minimum for an account, i think its just like 500 bucks
[quote0208da9386="ken23"]I purchase shares in the UK. Although it is risky, if you know what your doing then you can double your money in under a year. [/quote0208da9386]
okay buddy...Wanna buy my South Sea Company stocks while you're at it?
Did you end up doing anything? hows it goin?