Which online stock trading company should I use?
I noticed ShareBuilder today. Im a college student and I want to start investing some of my money. This looks like a good, cheap way for my to invest some money while keeping a schedule of investing. Please help. I don’t know much about investing…
The least expensive way to invest in the stock market is indeed Sharebuilder, $4 per trade. And, since you are looking for a regular investment schedule, they make the process relatively easy. Having 3 accounts there for my grandchildren has been a good experience. The next question is what to invest in. Visit other of the hundreds of reliable sites and read all you can to get some good ideas. Staying conservative at first, such as SPY, is problably a good idea until you have a better idea of where to invest.
p.s. note that you may receive many answers, some with impressive lists of total points, questions, answers. What is important is how many best answers have been provided by an individual. Hopefully Yahoo will provide that statistic instead of total answers.
March 5th, 2010 at 7:20 pm
A.T.M.
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March 5th, 2010 at 7:31 pm
I’ve used ETrade for years and am very happy with them. Their fees are reasonable and they have great tools for research.
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March 5th, 2010 at 8:02 pm
The least expensive way to invest in the stock market is indeed Sharebuilder, $4 per trade. And, since you are looking for a regular investment schedule, they make the process relatively easy. Having 3 accounts there for my grandchildren has been a good experience. The next question is what to invest in. Visit other of the hundreds of reliable sites and read all you can to get some good ideas. Staying conservative at first, such as SPY, is problably a good idea until you have a better idea of where to invest.
p.s. note that you may receive many answers, some with impressive lists of total points, questions, answers. What is important is how many best answers have been provided by an individual. Hopefully Yahoo will provide that statistic instead of total answers.
References :