What is the best site for buying stocks online?
I am thinking of getting into the stock market and was wondering what experiences some of you might have had.
@xarous: I have notifications on, actually, but there's no way I could have resisted this question. I'm sure you are unsurprised.
I've talked about this before, but with the current state of the Deals database, recognize that it may be difficult or impossible to find. If you just look at the "answered" tab for me, there's nothing before a year ago.
Yep. Sad but true. I noticed this a while back, but decided I just didn't care anymore, and haven't pointed it out to developers or others.
I would recommend that ANYONE just now getting into the stock market show some serious caution. The sharks are circling, and almost anything you might buy right now is close to its top price. As I always say:
"In the stock market, it's always wise to buy low, and sell high. Those of us who do, thank those of you who do not."
There are very few bargain stocks out there right now, but there are plenty of ways to LOSE your $$.read more collapse
Decide what you are going to buy and how. If you are going to buy equities (individual stocks) and ETFs (exchange traded funds, basically mutual funds that trade like stocks) then go with Scottrade: they have nice tools and a very low commission (7 bucks for a market order, limit orders are more).
If you are just going to be buying ETFs, I'd go with Vanguard (which I did). They have a very large family of their own ETFs that trade commission free. Their fees for equity trades are 7 bucks for the first 25, then 20 after that. If you have 50k invested in Vanguard their fees are a flat 7.read more collapse
@wilfbrim: I have Scotttrade and have never paid more than $7 for a limit trade. They do charge extra for penny stock trades (I think it is either 1/2 or 1% of the price in addition to the $7). But, it has been a while since I traded anything so they might have changed their policy.read more collapse
- Mar 6, 2013 1:44 PM
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