For investors: In your opinion, which investment company is the best?

Question

I'm thinking that I would like to begin investing money soon, so I would like to know which investment companies are the best.

Answer 1

Well if you are talking about brokers and want someone to manage your money, I hear Goldman Sachs and Morgan Stanley are the cream of the crop. I have accounts with TDAmeritrade and E-Trade and my preference is TDAmertrade. If you are going to pick stocks on your own, I think you'd be happy with TDAmeritrade.

Answer 2

I'm not sure what you mean by investment company. I trade stocks for a living, and if you mean brokers and such, I would suggest you use or invest in Goldman Sachs. There's some pretty sharp people running that company. GS is the stock symbol. You could either buy stock in them and let them make you money with their earnings or you could just let them manage your money for you, and make money that way. I have great confidence in this company, since it came out from under the recent subprime lending problems rather unscathed. I don't own the stock right now. I did own it and made some money on it.

And I trade stocks through the discount brokerage arm of where I bank, and that happens to be Wachovia, but all large banks have the same system for you. I pay 6.95 per trade, so it's quite competitive with these online trading companies. And the side benefit is that I don't have to move my money out of my account, but can move it among my Wachovia accounts quite easily. I love doing it this way! Plus, I have a broker who answers his phone on the first couple of rings. It's wonderful service. But he can't advise me on trading, but only help me with technical stuff. You won't get any of that with an online brokerage firm.

Answer 3

If I read all of your answers so far correctly, they are all referring to stock brokerage companies. In my opinion, for what it is worth, a beginning investor such as yourself should invest in mutual funds rather than individual stocks. So I will recommend a couple of mutual fund companies that have excellent track records and a wide variety of funds to choose from. They are Fidelity, T Rowe Price, and Vanguard. Also you might wish to consider Royce Funds perhaps. I am sure there are others but I am very familiar with those 4. Royce Funds is a specialist fund company. They offer only small cap funds but their track record is excellent. As a beginning investor, you should probably not begin with Royce Funds, but somewhere down the line as your portfolio grows, their funds will offer an excellent way to diversify your holdings. All of these have web sites where you can study their offerings. Fidelity, T Rowe Price, and Vanguard also offer brokerage services. I use Fidelity for some of my broker needs. They are excellent but somewhat more costly than many. They have extremely good research material, which in itself is worth the extra cost in my oppinion.

Answer 4

if you're looking for cheap stock trades period then there are 2 choices

scottrade: $7 a trade

sogo invest- $3 a trade ( if u make 15+ trades a month, $1 a trade and free real time stock prices and trades)

as tempting as sogo invest looks, it comes with one small catch. there are no brokers to help you wiht trading so ur alone on this..

Answer 5

Stay away from e trade. They were just downgraded and it doesn't look good for them.

I invest my money through Vanguard.com for mutual funds.

Answer 6

The ones, who don't claim, they can make you money. Meryl Lynch just lost 10 Billion and a lot of people have lost their entire 401K. The best is, you learn enough to control your choices.

Answer 7

I use Scottrade and Share Builder for stocks and I use Oanda for FOREX (Trading money).
The others are good too, Ameritrade and E-Trade. Many more, it depends how you like the "Trading Platform". I have used all those I mentioned and the trade are executed fast and I never had a problem.
http://www.scottrade.com/?src=yah&s_kwcid=TC-1591-103434523012-S-8358231012&OVRAW=scottrade&OVKEY=scottrade&OVMTC=standard&OVADID=8358231012&OVKWID=103434523012
ShareBuilder only have a certian number of Stocks they buy;
http://content.sharebuilder.com/MgdCon/Jump/Web/welcome/welcome6/index.htm
I like Oanda for FOREX as they use lower leverage;
http://www.oanda.com/

Answer 8

ya u should start investing in stock market as it is rising day by day . i think that it will go near 80000 in 2018