I was going to hang on to stock, but should I sell now the economy is heading for a recession? Additional Details I didn't buy the stock, it was gifted to me. It was as high as $49 ...
I don't know anything about finances. I want to open some sort of account for my 21 month old son's future. However, with the economy being the way it is...are interest rates down? Is it ...
my dad died 10 years ago and my uncle keep getting letters stating his 401k has been rolled over.my uncle juts contacted me and stated he think their is some money in a 401k that my farther had and i ...
I'm inheriting $300,000 and if I put it in a bank account with 1% interest, that is $62.50/wk if I calculated it correctly. Do you think I need a job or could I just live off the interest plus ...
He's got blinders on after spending two grand on a "class." He wants no negativity, he says. But simple math tells me and should tell him that his capital investment will never make ...
Scottrade definitely has the lowest commisssion. They are also very reliable. But this brings up another question: Are you sure you're ready? Make sure you are well educated about the stock market. I recommend a book called 'One up on Wall St.' by Peter Lynch. It's easy to read and you learn a lot. I have also been working on a blog if you're interested. It's dedicated to the beginner investor. I also wrote an article about why I prefer Scottrade, which is titled, "Im a beginner and/ or a poor college student.. Which online broker is right for me?"
- There is a link in my profile
Good Luck
- Black
Xfactor
Go with Scott trade (low) or zecco (free).
John L. L
Investopedia.com
It is a goldmine of information.
witz1960
If you are going to be investing in the stock market, then you will be doing research.
There are some good ideas here, but I recommend that you do your own search for "discount brokers" or "online brokers" and make this your first research project.
For what it is worth I have been happy with Scottrade.
cramsib
bank of america offers its regular customers a 100% 0 commissions if they have an online stockbrokering account with them and maintain a minimum of $25,000 of holdings in all their accounts combined with the bank. it could be a combination of any of the 3 asset classes of cash, stocks or bonds, or just one class ( all in cash or all in bonds or all in stocks.) . but you need to have a checking account with them at a very minimum.
Johnny
You might want to look into scottrade if you consider yourself the occasional investor.
RYAN
I use www.prosper.com.
Instead of investing in big business or fighting big investors for a piece of the action, you are able to invest by making micro loans to small businesses and other folks just like you. You are able to choose your own risk and interest rate. You help others while seeing a great return at the same time.
randomobject2003
I like thinkorswim.com...and TDAmeritrade has never given me any problems.
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