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 When you buy a share of stock, where does the money you pay for your share go?
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 What's the best way to invest for your future?
I currently have a savings account but feel that I only get a pittance back in interest, I'm aware that in the United States you can get returns of 15% on your money or at least that's what ...


 What is the hottest stock out there right now? Short or long term?
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 I would like to start an online brokerage account, I only have 2g's to start with ,which online firm is best?
I only have 2000 bucks but would like to start investing in stocks, I have mutual funds 401k etc... good credit no debt the whole 9! now onto stocks! which brokerage firm,, was looking at ...


 Should I invest in Chevron?

Additional Details
or what should I invest in? Help!...


 How do you become a millionare?
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 Is this a good time to buy stock at a low price?
Due to the financial crash - is this a good time to buy stock at a low price? If so, how do I start buying stock? I'm new to this....


 I need info on saving money?
I am lke soo worried about going out into the "real world." u know like expenses, bills, taxes etc. (mostly money wise) can someone PLEASE give me some tips on saving money!?...


 I have 200 RNRL shares (Reliance Natura) I bought @ 53.30 now it is 45% high i.e 78.50 .Can hold . or sell?
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 I own 500,000 shares in a company that is going to do a 5:1 reversed split. What should I do?
The closing price was .055 and I have $15,000 invested....


 How do i become a millionare?
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 Where or what would you invest $30,000 in.?
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 What can I invest my money in if I can only invest $240 a month. I don't do stock becouse I know nothing about
it. I want to get a pretty good return on my money I don't mind if it will take a couple of years....


 Investment advice?
I went to see my investment counselor last night. (He also is my spiritual advisor and conducts my holistic healing sessions.) I live in Stockton right now and have about $10,000 to invest. My ...


 Any ideas about what to do with $ 1MM ????
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 Northern Rock shares? Now they're under £1 per share, is this the time to buy or do I wait another week?
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 I have a $100 bill with a star next to it. Is it rare as to be a colletible? Should I save it or it no?
the $100 bill is in mint condition should I save this? or just deposit it the the bank? I was watching Fox business about this guy who collected currency and he was mentioned something about this but ...


 I want to learn wht are stock markets wht are shares ???
i hav no clue abt it so can anyone please suggest a gud site frm which i can learn
Additional Details
i don even knw wht shares ...


 What are the chances that stock in a company will drop to $0?
I bought a stock at nearly its 52-week low. Right now it's just a bit above that 52-week low, so what are the chances that a company's stock loses complete value and get to $0? And if it ...


 If had to choose just ONE stock or mutual fund to invest in for the long term?
What would it be?...



Seedic
Do I need to sell all my stocks before I can begin transfering my Fidelity Roth IRA to Scottrade?
Or can I keep them as stocks? Fidelity charges too much for stock trades (freakin' $19.95!! Compared to Scottrade's $7)
                     
 




lilahmorgan666
Rating
No. don't sell. You will only rake up more trading fees.


Gary L
Rating
No, you can do a broker to broker transfer. You can find the form on Scottrade website, or call their 800 #.


derek
You can transfer them as-is.

I wouldn't be shocked if Fidelity charges you an account closure fee (it's fairly common).


buck
Rating
no. your scottrade broker will take care of everything for you,
i am a client of scottrade and i find that they are a very good company to work with.

i hope this helps you and have a great day.

buck


Overtaxed
Rating
no, don't sell. if you do you will incur penalties and taxes. ask scott for a transfer form. it directs fidelity to transfer all your assets, as it to the new scotts account. fidelity will probably charge you a transfer fee. find out how much it is first. before you do all that, make sure the savings is worth it--it depends on how much trading you do. fidelity charges me $8 because of my balance with them. maybe you can negotiate a lower rate if you threaten to leave. or maybe you are near a price break point.


Snagelfritz
Rating
Talk with Scottrade, here they have an actual building I can go to and talk to a real person. I think they can transfer this stuff for you, not sure, and, not sure what it may cost.


BAL
When you change an account from one broker to another, the new broker will have a form which will tell the first broker to transfer the assets in the account. There is no need to sell anything.

First you need to set up the account with the new broker so that you have an account number. The account name should be the same on both accounts for a transfer to work -- transfers between accounts with different names complicates things.

I have done this several times and it always works, but it can take a couple of weeks to get the transfers completed.

I have TD Ameritrade and they have an account transfer form online that can be downloaded and completed. I am sure Scopttrade has something similar for transfers into their accounts.


Dave W
If you only hold stocks, they can be transferred without being sold, but if you have any proprietary Fidelity mutual funds, those funds might have to be sold first. You don't have to worry about any of that. Just fill out the Scottrade account transfer form and they will take care of getting the account transferred and, if necessary, selling any mutual funds and then transferring the cash from them. The process usually takes a couple weeks.

I've never seen a fee for transferring an account IN, but most companies charge a fee for closing an account, so most likely Fidelity will keep something like $50 - $75 as an account closing fee. That will likely be deducted from any cash balance you have in the account at the time of the transfer.


Horton Hears You!
Rating
No.


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