Best online investment website?

I'm about to turn 18 and want to do a lot of online investments but i am wondering which site would be best. i know etrade has the 100 free trades and i would be investing enough to qualify but just wondering if there is a better deal out there or a better place for any reason, also if you have any stock tips those will be appreciated as well :)

thank you

Please try and avoid all the stock tips posts. They are usually penny stock hype and speculators. You'll save a lot of money by avoiding that, and get on track to learning investment basics.

A lot of people seem to encourage Forex (currency trading). That is one of the most difficult trading environments because you are trading against world government's managing their currency who can move the market by increasing or decreasing their own country's interest rates, or change the money supply in their own economy.

You're also competing with billion dollar corporations who are hedging their currency with overseas sales. A small time investor with a few grand can easily get wiped out. Further, FOREX is not investing, it is speculating. One is speculating on the movement of currency. The odds are better in Vegas.

Why I don't like sharebuilder.com
1. You have to pay $12.00 a month, $144/ year. How does this cost build wealth? It's another bank fee.

Let's say you buy 1 share of stock. The stock has to go up $12 a month every month and never go down and you only break even with the $12 monthly fee - actually you're down a few bucks cause of the transaction fee. How again does this build wealth?

2. Then, they say you can only buy shares on Tuesdays? What is up with that? The company collects all pending transactions and sends them in a single transaction to the market (market order) when/time? which market? - one they are the market marker? Is that going to be the best price?

If they are a market marker in the stock, they are also making money on the spread (the price between the bid and ask). That is how most of these low commission firms make money. Or, they make money by directing trades to a single exchange and get a (legal) "kick back." I hope the directed trades are a fair price.

They are not going to send one share of stock to some other market marker where they have no financial interest in. Wait, in who's interests are they representing again?

They will send collective shares (in a single lot) and split the shares in the sub accounts (your account).

I think the only person in this transaction who builds wealth is the bank.

It would be cheaper to have a discount broker such as etrade, scott trade, schwab, fidelity, etc, and buy the shares when you want to. Enroll in a DRIP (Dividend Reinvestment Investment Plan if the stock pays dividends). DRIP's are usually free.

A better and far cheaper program is to pick an index fund such as the S&P500; dollar cost average on an automatic monthly or bi-monthly investment plan using a no load fund. You are far more diversified, owning 500 companies, you collect monthly dividends that can and should be reinvested, and 80% of fund managers underperform this index. So why not just own the index that manager can't consistently beat?

Best Discount Brokerages
TD Ameritrade
http://www.tdameritrade.com/welcome1.html
800-454-9272

Fidelity Investments
https://www.fidelity.com/frameless_pr_B.shtml
800-343-3548

Muriel Siebert
http://www.msiebert.com/index.html
800-872-0711

E*Trade
https://us.etrade.com/e/t/home
800-387-2331

Sharebuilder (Specializes in periodic investing plans)
http://www.sharebuilder.com
800-747-2537

OR you can use a high APY savings account....

http://www.emigrant-direct.com
http://www.hsbdirect.com
http://www.ingdirect.com
or go to http://www.bankrate.com to choose the options and APY that you want!

Never take stock tips. (Worse... taking stock tips from strangers,whose qualifications and motives can never be known).

Never pick a broker because of costs (it's part of your decision... not the driving point).

Don't buy penny stocks until you've traded at least 5 years or more (or never... as most professionals).

Never buy a stock without an exit plan.

Don't buy one stock without reading 4 - 6 books on trading &/or investing.

Schwab and Fidelity are better for "newbe's".

Did you know that the 100 free trades are only for the first 30 days on ETrade?

Don't buy books, take courses, buy software etc., that promises you incredible results....................................

Liberty Reserve Profit is easy and High profitable investment program. High profits in short time. Deposit less $1 You can earn 104-128 % after 3 days. You can really test with only $1. It works!
1) For first You need an e-currency account (if You have not). Passt Liberty Reserve USD. Register http://www.libertyreserve.com/en/
2) If You have an e-currency account You can register in LibertyReserveProfit program and make deposit account: http://www.libertyreserveprofit.org/?ref=jackpalm88
3) For converting from bank wire transfer to Liberty Reserve USD use http://www.cambist.net It's good and fast exchange service.

OK now You can deposit and make Your profits! If You have any questions use My email: go4ever@inbox.lv :)

Good Luck!

scottrade.com (gld,silv,moo,ceo,ffr)all good ones!

Forex investment for you by experts !!!!

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etrade is not for investors, it is for "traders". It is buying stocks for short term and selling them within minutes, days, weeks. Investing is holding for the long term. For this I would recommend you use sharebuilder.com, they have an investing plan that you can buy shares at $4 a buy every tuesday. Or pay $12 a month and you pay $2 a buy.

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