Stock Question...

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Just curious to see what people's pinins were n the different trading sites online. I have been recmmended E-Trade, and Sharebuilder.com, but I wanted t see if anyne had any thughts. Thanks in advance.
 

Pump n Dump
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Lawrence,

I guess it would depend on your investing goal(s) or objective(s). If you're interested more in buy and hold, I would recommend Sharebuilder. You can't beat the $4 per trade commission for buying. They get you somewhat on the selling part, I think around $16 for sale of a stock. I use Sharebuilder myself and have found their cheap commission is good for me. If you're interested in buying/selling more frequently I'm sure there are better sites.
 

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Thank you Leykis for your response. I'm not even sure what my goals are yet, but I would imagine you have to think in terms of long term to have success. Does Sharebuilder charge a monthly fee or anything like that?
 

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Larry what the heck??

We are in the heat of trying to win bets and your worried about trading stocks. I swear you had to have 4 beers today so I will let it go.

This is a good question on a Tuesday afternoon.

Anyway good luck with stocks and look closely tonight at Indy in 1st half.

Happy Holidays
 

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jjgold said:
Larry what the heck??

We are in the heat of trying to win bets and your worried about trading stocks. I swear you had to have 4 beers today so I will let it go.

This is a good question on a Tuesday afternoon.

Anyway good luck with stocks and look closely tonight at Indy in 1st half.

Happy Holidays
Thank you JJ..lol...I guess I should have known better than to post this on a Sunday evening..Happy Holidays to you and your family as well.
 

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Lawrence,

Nope, no monthly fee from Sharebuilder. It's best to make larger investments at one time to lessen the % commission ($4) charged. I like it and buy shares every few months or so. If you were to do weekly investments I would guess the commission would start to add up. For long-term investing I highly recommend the site.
 

Pump n Dump
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I think they have a referral bonus too...hint hint.:103631605

Just enter the names and email addresses of friends, family and colleagues below. You'll get 5 Free ShareBuilder Plan Investments when someone you refer starts investing through ShareBuilder*, and they'll get $25 to invest!

Lawrence just need your name and email address and I can send you an email from their site. Im sure you respect your privacy, so not exactly sure how this can be done.

Leykis
 
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Pump n Dump
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It should be under my profile, if not I will fiddle around and try to get it so it shows. I tried yours, said member doesnt want to be contacted or somthing like it.
 

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Private messaging does not work here at the Rx. If either one of you would like to post an EM address in this thread you can then edit it out after the other posts he has copied it.



wil.
 

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I back the recommendation of Sharebuilder. They offer a great service for the small, odd-lot investor.:suomi:
 

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Just be sure if you are buying there that you buy stocks made for the long-term. Majority of stocks out there are made for trading, that is the basic fact. You should never act like a stock is part of the family like some fools do. Companies with excellent market share, good margins, and growth ahead in industries that don't go through bouts of incessant market share battles are good. Disaster awaits if you go long-term in things like airlines or much of the tech industry. Just helpful advice and the reason I steer clear of things like Sharebuilder. My long-term money just goes into index funds, my short term stuff goes into stocks that I trade.
 

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WildBill said:
Just be sure if you are buying there that you buy stocks made for the long-term. Majority of stocks out there are made for trading, that is the basic fact. You should never act like a stock is part of the family like some fools do. Companies with excellent market share, good margins, and growth ahead in industries that don't go through bouts of incessant market share battles are good. Disaster awaits if you go long-term in things like airlines or much of the tech industry. Just helpful advice and the reason I steer clear of things like Sharebuilder. My long-term money just goes into index funds, my short term stuff goes into stocks that I trade.
So as far as for regular trading, which site do you recommend?
 

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Either Ameritrade or Scottrade should be good for simple trading purposes at reasonable prices. I use Ameritrade myself.
 

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Good suggestions Bill. Index funds are an excellent investment, I'm in a Vanguard one myself, cheap way of diversification.

Mods - can I get my email address removed? I can no longer edit after a reply from another poster has been submitted... Thanks
 

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