 What is the best type of savings account to open for a child? |
| I am thinking starting a savings or investment account for my 3 year old son. I would start it with $500 and contribute $30 per month into the account. I was thinking of opening up an account on S... |
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 If you had $100k to invest, how would you invest it? |
| Would you put it in a money market account, mutual funds, bonds, savings or CD? Maybe a combination? What funds currently carry the highest yield?... |
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 Can you explain the reason behind the recent stock market crash? |
| Please explainm the US federal reserve's announcement to cut the rates. what is 75 basis points?... |
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 Can I make good money off the stock market? |
| I'm very young, 24, and don't even have a real job yet (won't until a year from now at the earliest) but when I do get some cash I'd like to invest it, wisely, in stocks. I'd ... |
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 Forex Brotherhood Review? |
Is anyone on here a member of the forex brotherhood? Anyone know of any decent reviews?
cheers, Davie.... |
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 I am working in a bpo sector ... i need to invest on mutual funds i have no idea about it.? |
| i would like to have advice on how to invest in mutual funds or in insurance for a lessr period ...within 3-5 years not more than that....... |
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 If I wan't to invest 100 dollors a month in small companys that I think will do well who do I call? |
| I don't know how to actually invest but I can always pick the companys that I know will do we'll . If I learn how to buy and trade quickly Id be rich already. I also have wanted to find out ... |
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 What happens to my stock if a company declares bankruptcy? |
| I own a few hundred shares of (AHM) american home mortgage and i only bought it a few days ago thinking that it was as low as it could get and now they are talking about bankruptcy, I am wondering ... |
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| how can i earn a bit of money because i can get pocket money because my mum and dad are poor and i can't get ema.... |
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 Why arn't many people investing in Gold? |
| I mean isn't Gold the only element that has very high value over time? Cash succumbs to inflation but gold doesnt then how come people are investing their money in other stocks that have no ... |
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 Can a son or daughter fight who is named beneficary in dad's 401k. no will.? |
Additional Details
son or daughter was not named a beneficary in 401k. dad is deceased no will. can be fight the person named ... |
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 If i have $10,000 for stock investment and being a beginner what stock is best to invest in and why? |
| if i have $10,000 for stock investment and being a beginner what stock is best to invest in and why? If I do invest, would it be smart to get e-trade for investors?... |
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mohawkmonsoon | What is the best way to get started buying/selling stocks? |
How do i create an online account, put money into it, know which stocks to buy, etc. |
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rthorneindustries
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Ok. The best way to start is to read books. I know most people will immediately tell you to open an account. That's not the way to 'get started' thats 'how' to execute orders and its not the first thing to do(if anything, thats the 2nd to the last step).
Getting started requires knowledge of the market, the way it operates and companies whose stock you're interested in. You need to know these things, so naturally you want to pick up a book and get familiar with all of this. Once you understand the basics(if you already don't), you need to decide what type of person you are. An investor or a trader(if you don't know the difference you need to go back to reading). After that, THEN you find a broker- look at commissions/fee's/etc., determine which broker suits your trading habits best and open an account (opening an account is simple, just like opening a bank account). The LAST step is to place your buy/sell order. |
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ontopofoldsmokie
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The fact that you are asking such a broad question here tells me you are not ready to start investing in single stocks with an online account. I would first find some mutual funds with 5-10 year history of 10-12 % gains-easy to do. You can check with Yahoo finance page for that. My wife and I use a investment advisor to pick such funds and set up retirement accounts. You don't really need someone just to find and buy good funds. You need to understand stocks, bonds, funds, CDs, etc...before venturing out on your own. Heck Yahoo, Money online, Forbes.com can all teach you what you need to know over a weekend study. If you wanna win at this game due diligence (DD) is the only way not to steamrolled. |
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Driven Daddy
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Do you have the time, interest, and energy to do your own stock research? It's a commitment if you're going to do it right.
If no, then I strongly recommend investing with a mutual fund company - T Rowe Price and Vanguard are my favorites. You will still be investing in stocks, but through mutual funds which means you are not picking individual stocks yourself - you have investment professionals doing it for you, and for a relatively small fee too! And you end up owning many stocks instead of just a relative few (diversification is good).
If yes to the above question, then maybe stock investing is for you. There are many online brokerages, scottrade.com and tdameritrade.com are two that come to mind that are sizable and respectable and yet still low-cost fees. Contact them either via Web site or phone and proceed to open account - they will guide you through the process. Then deliver check and your account is funded and you can start trading.
They will not give you investment advice, so you will still need to do your own stock research. Good places to start include morningstar.com, aaii.com, Yahoo Finance, MSN Money, etc. I strongly recommend doing a good bit of reading and research before you actually start investing - it is so easy to make mistakes in the stock market. |
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Geeeyaaa
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The easiest and fastest way is to go to Scottrade. They have over 290 branches nationwide and the cheapest commisions out of all the brokerage firms.
Brokerage comparisons..
http://www.scottrade.com/online_broker_comparison/discount_brokerage_comparison.asp
Fast transactions..
http://www.scottrade.com/online_broker_comparison/discount_brokerage_trade_speed.asp
1) Fill out the application form at your nearest branch.
2) Bring 2 photo I.D.s and proof of your social security number.
3) Give your branch a check to fund your account.
Start trading online at 7 bucks per trade. |
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Common Sense
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Don't do anything for 6 months to a year. Read as much as you can. I know this is not what you're looking for.... but anything else constitutes gambling.
Investing is great for those people that have goals and understand what they're getting involved in. |
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vegas_iwish
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Creating and funding the acct is nothing. Schwab.com then send them money. Don't bother trying to know which stocks to buy. Closed ends (GAm ADX PEO) etfs (EWA PWT EFA) and some index funds for s&p500 and the like is plenty. Invest - don't speculate. |
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Frank Castle
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Open a brokerage account at Zecco. |
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