I want to start investing in stocks. Does anyone know if SCOTTRADE a good place to start? They seem to have the best rates of all other web-trades.
2006-09-26 15:32:56 · 8 answers · asked by Azazelo 2 in Business & Finance ➔ Investing
They're pretty decent for straightforward trades. If you want to do advanced spread trades, etc, then you'll need to go to another broker, but for most trades, you're good to go!
2006-09-26 17:20:47 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
I use Scottrade, and I have been happy with them.
They have been very helpful when I have a question, and very easy to work with.
I occasionally have problems with the website crashing (mostly the streaming quotes), and clashes with my security software.
2006-09-26 16:35:02 · answer #2 · answered by bookbyte 3 · 0⤊ 0⤋
try stocktrak.com first not real but you can "play" with fake money and see if you know what you are doing before you actually spend money in the real market. and it really doenst matter what service you use to actually make the purchase that just comes down to money per trade and response time. the other stuff you use for information are worth every penny if they give you the right information and you do get what you pay for.
2006-09-26 15:36:08 · answer #3 · answered by gsschulte 6 · 1⤊ 0⤋
Yes
In the meantime, learn how to invest properly.
Be patient, if not you will losing big
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 75,000.00 and 30000.00 in taxble account. by follow simple rule
2006-09-27 18:34:57 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
i started there and never left i started at 18 yo love it and they can do broker assited trades for 20 bux i believe
2006-09-28 18:54:58 · answer #5 · answered by blopyblopy 1 · 0⤊ 0⤋
They are as good as any on-line broker
2006-09-26 15:47:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
YES, they are good...happy investing!
2006-09-26 15:36:38 · answer #7 · answered by MeInUSA 5 · 0⤊ 0⤋
yea thats what i use and i dont have any problems..they are easy to work with..buy low..sell high..go for it
2006-09-26 15:35:50 · answer #8 · answered by Ben 1 · 1⤊ 0⤋