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how do i do it

2007-08-01 10:10:37 · 5 answers · asked by SOCALVIC 2 in Business & Finance Investing

5 answers

you can set up your own brokerage acct on fidelity or wherever. if ur a newbie, i recommend that you stick to mutual funds. single stocks are risky & not a place to put your sole/primary source of future retirement income. also, trading too much will eat up a large portion of your earnings & subject you to ordinary income taxes on the gains. buy good mutual funds & leave them alone.

2007-08-01 10:14:57 · answer #1 · answered by Tom's Mom 4 · 0 0

Fidelity and zecco.com are brokers, they just don't charge as much and they don't provide personal service as the expensive brokers like Merrill Lynch.

If you just want to save money, you can go to zecco.com where there is no charge for most trading. If you hate the idea of a broker, some companies will sell you stock directly, a few at a discount. Do a search on "dividend reinvestment programs" if you want more info.

2007-08-01 17:28:33 · answer #2 · answered by Houyhnhnm 6 · 0 0

Honestly I'd recommend going with a stock broker (it will make your life much easier).

Try Zecco (www.zecco.com) which doesn't charge commissions, service fees or require minimum balances.

2007-08-01 17:19:57 · answer #3 · answered by Adam J 6 · 0 0

I use zionsdirect.com

There are so many places to buy stocks online that you can't really go wrong. Look at what the different places charge for commission, it should be around $9.95 per trade.

Good Luck.

2007-08-02 00:58:15 · answer #4 · answered by Brad H 2 · 0 0

Investing isn't hard, here is a site which taught me a lot about the investing overall

http://tinyurl.com/ynqkkc

2007-08-03 16:38:11 · answer #5 · answered by ihaveques 2 · 0 0

fedest.com, questions and answers