speculations homeboy!!! speculations!!! :)
Hi,
So what internet brokerage firm do you guys use ? Is it really safe to invest online ? I know that it costs lesser, but isnt a live broker a more secure way ? Is anyone affiliated with Waterhouse Securities, Washington Mutual, or own Lucent Tech or CSchwab Corp ?
Also, is anyone in Florida ?
You have many options when it comes to choosing a broker for yourself. It all depends on the level of service and support you need when making transactions. If you consider yourself a novice who needs support and advice then CSchwab and Dreyfus and other big brokerage houses will suffice. But keep in mind that they require a significant minimum balance (its significant for me, your case might be different :))
If you're moderately confident about investing, go with E-trade.
If you want access to the market without any of the support, Brown & Co. offers trades for $5 and Suretrade offers for $7.95 and Scottrade offers for $7.
Happy hunting!
kiran I can come to FL where are you @?
and to all your other questions the answer iz yes. happy investing people
mujhe teer se na maro
mujhe talwar se na maro
mein kud mar jao ga
zara aankh to maro
:D:D:D:D:D:D:D
repeat after me if you can
IM iz D iron man
love me mam if you can
that's all I need if you give a DHAAM.....
The new desi rapp star IRON MAN Inc Corp..;)
Suretrade is the best I think since they are only 7.95 and they do not require any minimum balance.
My friend is having trouble with e*trade, he sent in the $1000 minimum 2 weeks ago and they still haven't let him trade!And it is 14.95 but it does let you into ipos.
Ameritrade is also 8.00 but i know nothing about them
Where/Are you in Florida?
Hey,
Thanks for all the advice. This is my first time posting a message, I ususally chat live, so I had no idea how fast I would recieve responces. I am in Miami, Florida. Ghalib, I too like e-trade, but K2pk is your friend still waiting to trade ??? I do not want to be stuck in a situation like that, especially with the way the markets been lately. Regarding minimum balances, what I'm doing is transferring funds from my cds to whatever firm, cds are good for a dependable interest but comparitively stocks are worth practically triple.(sometimes!) Iron Man nice to meet you. K2pk do you use Suretrade ?
AOL all the way, this is the only stock I have made any money on :):):)
Kiran, yes I do use Suertrade, so far for 2 months use, they have given me no problem except for being very slow initially in letting me trade after receiving my deposit
Yes, there is a better return in stocks than cds but it is more risky too!!!
Does anyone know in depth about Mutual Funds???
My sister is in Ft Lauderdale and I am in Gainesville
Gainsville ? Are you attending the University of Florida ? I am at the University of Miami. I checked out Suretrade, sounds good, thanks.
Kiran, yes I am at UF, go gators!!!
Suretrade is the best so far, signup as quick as you can...
Time to sell?
Sell what?
Ghalib, I mean AOL..i just sold it at 151, man it was at 166 yesterday…oh well, you learn not to get greedy…
I think i’m going to quit stocks for a bit, with a 4000 investment so far, i have made only 80 dollars over 6 weeks, and that was all due to AOL…ahhhhhhhh
This stuff isn’t for me right now!!!
k2pk:
Dude... i think taking a wrong approach to investing. Now, I am not saying that I know in's and out's of investing, but I do know enough to realize when to stay put and when to bail out with what you have. I told you before, you're looking to make a quick buck as somewhat of a day trader and you have almost all the odds against you.
Gotta be patient. Remember the time I told you that my portfolio was down arounf 20%, well, now it is up 11%. MFNX announced 2-for-1 split and I can just feel that this stock is going to be o.k. But I am not gonna take my profit, yet! I will put more in it because this stock has the potential to split again.
The point of all this is that you gotta be patient. I don;t have the stats. on the day traders, but from what the stories i have read, for every one person that makes a killing in day trading, there's gotta be atleast a 100 who loose big time.
I think you;re lucky that you didn;t loose all of your investment or a good chucnk of it. As I said before, think of it as a crash course in stocks where your paid the tuition with money you lost. Don't leave the stocks man, just have a definite time horizon when you get into it next time.
See you back in the market! :)
Salaam ghalib bhai, looks like I'm out of it, I'm going to invest in another car(actually my father is paying :)) and I'm going to have fun instead of worrying about money!!!
Salaam ghalib bhai, looks like I'm out of it, I'm going to invest in a better car(actually my father is paying :)) and I'm going to have fun instead of worrying about money!!!
I'm thinking about sticking the money into a mutual fund...there is one that caught my eye...the ipo fund :):):)
Good luck!