Does anyone have any good stock and investing tips? |
| im doing a project/ game called the Stock Market Game for school, i hope it's not cheating, but does anyone have any tips or advice on what field is good to be investing in?... |
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What should I buy with $400? |
| I'm 13 years old and i have about $400 dollars that i want to spend, What should I get?... |
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How can I make atleast $200 dollars or more before this summer? |
I need atleast $200 or more so i can go to funcity this summer with my friend and have tons of money to buy stuff and play games. Thanks for your help Additional Details by the way i a, 1... |
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Common mistakes that can avoid in stock market intra-day Trading? |
I am a new trader in Stock Market, I am making some money in intra-day trading but at the same time i am loosing money due to mistakes I make
like I used to trade in cash segment intraday, ... |
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How old were you when you first started investing and how old are you now? |
| I'm curious as to what age most people start investing at and how old they currently are now. So how old were you when you first started investing and how old are you now?... |
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What are the best options for a new investor? |
I am wondering whether stocks and mutual funds, commodities, foreign currency, or real estate is the best option for a new investor. Additional Details My goals are not that of the ... |
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QUestion on the Stock Market? |
| this is just my opinion and im trying to see if its a smart move or not. The way i see it, the stock market is down a whole crap load. this means stocks are at an all time low. Would this be a good ... |
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How to make a small investment.? |
| Where am I to look to make a small investment without necessarily having to go through a bank?... |
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Oil is at approx $61-62, where will it go next?!!?!? |
Oil has gone from $78 per barrel last August to $50 a few weeks ago, and now it is at $62.
Where will it go next? Is ethanol going to push oil prices down, or is conflict with Iran going ... |
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Do you know of a investment that can give a 10% return? |
| Any suggestions on investments with high long term return?... |
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Name 5 good companies to invest in? |
| I am a stock analyst in class and need help!!!!!!!!!!!!!... |
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Being paid 15K a month, how do I manage money for savings and entertainment? |
| I am a s/w engr, fresh out of college. Need expert advice to save money, also keeping in mind per month expense for entertainment, like movies and apparels. I am a kind of spendthrift. Money does not ... |
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When do you sell short? |
| Can anyone explain to me rather effectively when and how to sell short? I don't know how to read charts (graphs), I don't know when to sell short. I just need some idea on when and how to ... |
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What would happen if I used a time machine to make money in the stock market? |
| Suppose I can go one year into the future for one day and print out all of the stock prices movements and bring them back to the present time. Besides becoming incrediby wealthy, does that mean that I... |
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joshuademex | Is it "OK" to have 2 online brokers? |
I currently have one online discount broker I use for monthyl automatic investing where I can buy fractional shares. Is it "ok" if I want to open another brokerage account with a broker that doesnt offer automated investing but offers a wider range of options? |
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Yada Yada Yada
 |
Yes, ABSOLUTELY!
Several reasons for it. Here are a few.
o Not all brokerages provide all the things you might need
o If something happens to one brokerage firm (down power line, etc), it's good to have a 2nd brokerage
o Some charge for a phone order, while others do not
o Some give you better real time quotes than others
o Helps keep you fresh to new things that are coming out from the firms. If you see one of them have something the other one doesn't, it might help trigger a thought that can help you out.
For me, I have multiple accts to ensure that I'm not hostage to a position if I needed to make a trade and my primary broker was having a problem. With a 2nd broker, I could at least neutralize a position.
Hope this helps! |
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smiling_freds_biz_info
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If you got the money honey, they'll have the time. :o) |
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David K
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yes. as many as suits your needs |
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Vegas
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You can open as many as you need. It is best to try out different firms for their services. GO FOR IT! |
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traderb550
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Yes, the more the merrier! |
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Norm
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joshuademex,
It is O.K. to have more then one account.
I use eTrade & it is nice to have everything in a single account. I don't have to juggle back & forth.
Another disadvantage to two accounts would be volume discounts or perks. You are splitting your business so are not very important to either provider.
If your monthly investment firm doesn't offer all you need then by all means open an account with another broker.
Norm |
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PH
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as long as you are able to keep enough $ in each account to avoid monthly or quarterly maintenance fees, why not?
But i think that some brokerages give you more perks if you have a certain amount of cash and securities - say 20,000 dollars worth. It would be harder to achieve that with two accounts, unless you aren't poor like me...haha |
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Dang
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It is perfectly normal. |
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xeno277
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It makes perfect sense, but may get a bit cumbersome at tax time!! |
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Frank Castle
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Yes. |
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