Sunday, August 22, 2010

Can someone advise whats the best and cheapest way to invest in stocks?

Can someone advise whats the best and cheapest way to invest in stocks??Can someone advise whats the best and cheapest way to invest in stocks?
The best way is debatable. but as for the cheapest... go to zecco. com and open and online brokerage account with a $2,500 minimum. You will then get 10 free trades a month every month. Option contracts $4.50 a trade + $0.50 per contract. The company makes their money off of option orders and other fees, so check the fees associated with your account because they are typically higher than other companies.





One low-cost low-hassel online brokerage is Scottrade with $7 a trade they keep one of the highest satisfaction rates in the industry.





As for me, I have a Scottrade account but prefer my optionsxpress. com account. Despite the higher commissions, I find that the tools, reasearch, and ease of use on the website is worth them getting my business.





Sharebuilder is rather new and making headwinds however I haven't tried them to judge the overall value.Can someone advise whats the best and cheapest way to invest in stocks?
Sure thing. You want a mutual fund that is based on stocks.


They are usually called Growth funds.


The reason I say that is because it spreads your risk around, is more convenient to buy, etc.


You see, buying inidivudal stocks is only for rich guys with big lump sums to invest, like bonuses. Because everytime you make a trade, a buy or a sell, you have to pay your broker a fee. The fees of buying and selling cut into and even negate any profit in the stock.
Can i ask you why in the world you would be investing in stocks? I am 31 years old, i have been trading in the cash markets, stocks, and commodities for a long time and have done very well. I must say i hate direct stock investing cause you can only make money on the up swing, ie buy low and sell high. Stock options are for sure the way to go. I can tell you this, I help develop trading systems for banks and insurers and i can tell you the real money, even with a small amount, is made in the cash markets, ie forex. I have a small $10,000 account, that trades 24 hours a day/5 days a week on the open forex market. My program does it all on its own using over 30 years of data and real world modeling, i can tell you that with as little as $3000 in the market in any given 24 hour period i make $3500 in profit each day, yes this is not a joke, and i make money on the up or the down, or even the sideways. Investment bankers and insurers that invest money for institutions to not sit there and manually trade all day, they have specialized auto bot traders, this is what i do. Shoot me an email if you have any questions or if you want me to help you get a seed nest setup, i can setup a trust account, and get you started, a REAL expectation that i do monthly $5000 account = $800-$2000 daily profits without huge risk, less then stock investing that's for sure.


email is: globalworld08 @ gmail.com put in subject: good investing or something to get my attention.
Cheapest would be going to scottrade.com use Referred by: enter code XMKT0575





That will give you 3 free trades. All you need is a checking or savings account. You need to buy atleast 400 dollars worth to start. There are no monthly fees or any hidden fees that i know of.





It would really matter on how much you plan to invest but if i only wanted to use 3 trades i would put 45% in one Mutual Fund 45% in another and put 10% in one stock.





Only reason i say put 10% in one stock is to me it's really fun watching how the company i picked out is running. With a mutral fund it's not the same .
Personally, I think Sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.


Referral code: 453934


Enjoy



In the current financial situation, the cheapest way is to NOT invest in stocks, because unless you are a real expert you almost invariably will lose money!
I found this article that tells new investors how to get started with the stock market and why it is a good idea to invest now. Pretty informative, I think I might try it too! Sounds easy enough...
penny stock is 1cent - 500$ it has the bigest gazins and bigest losses.





LET IT RIDE

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