buy/sell stock sites
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- hiatus
i know this is not the place really but - was looking for the a site to buy small amt of stocks, nothing crazy maybe 50 stocks, or a site that offers a real small amt. prefereably $500 to start trading.
I know I'm asking for a lot. Wondering if any of you guys even do a lil trading. anyone??
thanks!
- kumori040
etrade?
- JazX0
- JSK0
- bored2death0
istock
- lukus_W0
Didn't you hear?, money is evil ..
- stoplying0
Send your money to me. I'll buy the stocks for you.
- zenmasterfoo0
all your monies are belong to us....
- akrokdesign0
etrade or istock.
- but the way, if you have 4 different stocks (companies)akrokdesign
- when you sell them. you get fees for all fours. just so you know.akrokdesign
- i thought it was one fee for selling. not each. but it is.akrokdesign
- note also, there might be fee to buying stock.akrokdesign
- just compare them, really good. price wise.akrokdesign
- prefad0
Best Company & Software for Trading is Thinkorswim:
http://www.thinkorswim.com- lots of fees.akrokdesign
- Haha, what "lots of fees"...you get the best trading software for free and trade fees of only $5!prefad
- akrokdesign0
hah. fu...not istock. here > http://www.sharebuilder.com/
- fodcj0
http://www.cityindex.co.uk/ if you want to do spread betting.
- maikel0
Mate, for a small amount like that you should not be doing stocks.
Your profit will be extremely low. Maybe you should have a look to other financial products, as CFDs, ETFs or even consider Forex operations.My only recommendation is staying away of the stock market unless you can effectively trade for 3+ months in a simulator and keep your account in profit.
Otherwise you'd be much better off spending your money on any online casino.
- spread0
mkaikel, you're clueless. The amount of principle doesn't influence returns. The stock market is nothing like casino gambling. You've reinforced your ignorance of the capital markets by claiming the two are remotely similar. Finally, you clearly don't comprehend that trading with paper money in some simulation is nothing like trading with your own real capital. Nothing.
- bjladams0
i have never met anyone (in real life- not the internets) that's made good from day-trading. met lots of people that have made a quick buck or 2, but then they reinvest, pay the fee's and loose out in the long run.
i've found that the best option is to find a broker, someone that knows the trade, and someone that's getting a cut of your profit- that way they have reason to see you do well.and i'd agree more with maikel above-
- spread0
Yeah, pay a stock broker. That's a good idea because they're all so intelligent. Hell, look at Sal Governale.
Brokers are fucking chimps. Glorified salesmen in the financial industry. They are the worst people you could possibly let manage your portfolio. Financial advisors are the second worst. Both groups have quotas to fill, and they get commissions for putting their clients into certain securities. They know fuck-all about mathematical finance, they don't know how to truly value securities, and they don't actively manage your portfolio.
Go check out one of the big firm's financial advisory department. I guarantee you would find that most, if not all, of the advisors there have all of their clients invested a group of the same stocks. I know this because I've worked in FA.
If you meet the financial requirements to do so, you should give your money to people and institutions that actually know what they're doing; things like hedge funds, individual portfolio managers in bulge-bracket investment banks, Registered Investment Advisors that have fiduciary responsibilities with their clients. Fiduciary is truly key.
...or you can give it to some southern-boy stock broker who will make as many trades with your money as possible to get the largest commissions.
- ... you sound quite angry about this. i did enjoy your "i know cause i worked in the FA" line.bjladams
- Not angry... just disappointed that so many consumer investors fall victim to thisspread
- And I did work in FA.... why is that funny?spread
- it just makes the rest of your argument sound... silly. my souther FA makes us plenty- and does better than i could on day trading (original post)bjladams
- day trading (original post).
bjladams - I'm not advocating day trading... I'm saying there are better alternatives than brokers & FAsspread
- an FA is not a fiduciary... they are not legally obligated to act in your best interestspread
- They make money from commissions by which stocks/funds they put you in.spread
- Yeah, FAs will make you money when the entire market is on the up swingspread
- akrok0
sharebuilder.com - $4 automatic tuesday investment.