Can anyone provide info on the online investment site sharebuilders?

Question

Are people actually making money with sharebuilders.

Answer 1

yes, well i am anyway. you buy stocks that you choose and it cost $4 for them to place the order. but they are many promotional codes you can enter for $50, this is FREE money. no joke, no strings. I have received $300 from promotion codes and working on $100 more right now. granted, it is not alot of money but for the 5 minutes it takes to open the account it is well worth it. this is my advice to you: find one of the promotional codes for $50. they are all over the internet (search sharebuilder promotional codes) open an account and buy a stock that you own and has done well or you think will do well. invest $50 in that stock. they will take $4 so will have $46 invested in that stock. in 4-6 weeks you will receive a credit for $50 in your account. either invest it or have them wire the money to your bank account, a free service. open another account with $50 and enter a different code. do this until you run out of codes. you basically receive free stock in the company of your choice. it can be an ira account also which is nice. when you sell the stock, it cost alot so hold on to it and maybe one day it will make you rich. I bought honda, hmc, with all the accounts I opened, 6, and the stock has increased. but if i had invested only $50, i still would not have enough to cover the cost of selling.
$50-4 for trade=46
$46 invest in $30.02 stock =1.51 shares and .02 cents in money account
39.85 price today $9.83 profit per share
$14.83 total profit
$19.95 cost to sell =
-$5.12 need to make to break even BUT
with $50 promotion code, the stock can drop to zero and you still dont lose anything. free stock with the minimum $50 investment.

if you invest only a small amount of money then it will be buy and hold or if you invest alot and the stock does well, then you get your profits and and 50 bucks minus the sell cost
invest $50 bucks and in amount 2 months you will get it back and own stock in a company. great deal. cant lose

Answer 2

Sharebuilders is just a tool and in itself is not a way to make or lose money. In one account I opened in 2004, I'm averaging 23% a year. In my Roth account that I started in 2005, it's around 7% (but it's a bet that could pay off in 2010 which could greatly tweak that percentage upwards). Sharebuilders recently added options. One thing about sharebuilders, is you don't have to spend a dime and just use their money market function for over 4% a year (better than a savings account).

Answer 3

in no way take inventory advice. (Worse... taking inventory advice from strangers,whose skills and reasons can in no way be ordinary). in no way %. a broking service with the aid of fact of expenditures (it incredibly is area of your determination... no longer the employing factor). do no longer purchase penny shares till you have traded a minimum of 5 years or greater (or in no way... as maximum specialists). in no way purchase a inventory without an go out plan. do no longer purchase one inventory without analyzing 4 - 6 books on paying for and advertising &/or making an investment. Schwab and constancy are greater effectual for "newbe's". did you be attentive to that the a hundred unfastened trades are in basic terms for the 1st 30 days on ETrade? do no longer purchase books, take classes, purchase utility etc., that grants you wonderful consequences....................................