billyblade Posted May 11, 2012 Member ID: 34 Group: ***- Inactive Clan Members Followers: 47 Topic Count: 182 Topics Per Day: 0.03 Content Count: 2097 Content Per Day: 0.36 Reputation: 1003 Achievement Points: 14880 Solved Content: 0 Days Won: 1 Joined: 09/01/09 Status: Offline Last Seen: April 12, 2018 Birthday: 04/29/1966 Posted May 11, 2012 Im polling the community for any info about e-trading. The older i get (i just made 46) the more i am compelled by things like this. I'm just looking for opinions and such. I generally am fiscally conservative....you gotta have money to spend it, and i aint got enough money to afford the luxury of fantasizing if i had money......but i sure would like to in the future. Anyone who's on it just lemme know what you think. Awards
Ruthless Posted May 11, 2012 Member ID: 1155 Group: *** Clan Members Followers: 18 Topic Count: 21 Topics Per Day: 0.00 Content Count: 196 Content Per Day: 0.04 Reputation: 240 Achievement Points: 1830 Solved Content: 0 Days Won: 2 Joined: 02/18/10 Status: Offline Last Seen: Saturday at 12:23 AM Birthday: 10/16/1976 Device: Windows Posted May 11, 2012 I use Scottrade. They are fairly straightforward and the fees aren't too bad. They also have a pretty fair number of funds available too. I usually hold positions for the long term though and am not an overly active trader. Awards
fireurza Posted May 11, 2012 Member ID: 677 Group: ***- Inactive Clan Members Followers: 18 Topic Count: 172 Topics Per Day: 0.03 Content Count: 1457 Content Per Day: 0.26 Reputation: 791 Achievement Points: 9890 Solved Content: 0 Days Won: 5 Joined: 11/02/09 Status: Offline Last Seen: January 16, 2024 Birthday: 02/20/1986 Posted May 11, 2012 i use td waterhouse Awards
TBB Posted May 11, 2012 Member ID: 989 Group: *** Clan Members Followers: 25 Topic Count: 290 Topics Per Day: 0.05 Content Count: 20980 Content Per Day: 3.72 Reputation: 22778 Achievement Points: 150794 Solved Content: 0 Days Won: 407 Joined: 01/07/10 Status: Online Last Seen: 15 minutes ago Birthday: 01/27/1946 Device: Windows Posted May 11, 2012 Use E-trade - no problems, cheap trades Awards
Shamu Posted May 11, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 11, 2012 Used to use Ameritrade, no problems. Now rather conservative with most money in mutual funds via Vanguard (VIPSX, VWEHX), Schwab (HARL, STHTX) and Smith Barney (CSRSX, SGENX). I also have money invested with a broker who works through my bank. Just bought AMAT, GE, TOT and TEVA, at the moment but am only one day in and tend to hold. Also have MPA, a tax free municipal bond fund and VFIIX, a Vanguard GNMA where my retirement and SS checks go. I have no bank savings account and keep a minimum in a bank checking account because interest rates suck. Thinking about ETF's which hold a certain appeal for investing.
Merlin007 Posted May 11, 2012 Member ID: 2068 Group: +++ COD5 Head Admin Followers: 71 Topic Count: 1136 Topics Per Day: 0.21 Content Count: 8599 Content Per Day: 1.63 Reputation: 7572 Achievement Points: 76762 Solved Content: 0 Days Won: 67 Joined: 12/25/10 Status: Offline Last Seen: 1 hour ago Birthday: 05/23/1973 Device: Windows Posted May 11, 2012 I use Scotia iTrade. Not a serious trader, just like to play around once in a while and find the fees to be ok for what I do. Straight forward and fairly easy to self manage. Just have to be mindful of what you can afford to lose. Shamu 1 Awards
Shamu Posted May 11, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 11, 2012 I use Scotia iTrade. Not a serious trader, just like to play around once in a while and find the fees to be ok for what I do. Straight forward and fairly easy to self manage. Just have to be mindful of what you can afford to lose. Key point, don't play stocks if you can't afford to lose. It is basically legalized gambling but you can reduce risk by research. Personally I like Morningstar. www.morningstar.com/ Damage_inc- 1
billyblade Posted May 12, 2012 Member ID: 34 Group: ***- Inactive Clan Members Followers: 47 Topic Count: 182 Topics Per Day: 0.03 Content Count: 2097 Content Per Day: 0.36 Reputation: 1003 Achievement Points: 14880 Solved Content: 0 Days Won: 1 Joined: 09/01/09 Status: Offline Last Seen: April 12, 2018 Birthday: 04/29/1966 Author Posted May 12, 2012 (edited) thanks for the replies folks. I dont neccesarily have money, but im a corporate stooge and got about 20 to 25 yrs left to put something together to shore up my deal come that time. My faith in a 401k is shaky at best, so something else, by my own hand , is in order. I only know that i'm finally old enough to run around life with the mantra of regret....I WISH I KNEW THEN WHAT I KNOW NOW!!!!!!!! All y'alll over 40 know what i mean...... Edited May 12, 2012 by billyblade Awards
Shamu Posted May 12, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 12, 2012 thanks for the replies folks. I dont neccesarily have money, but im a corporate stooge and got about 20 to 25 yrs left to put something together to shore up my deal come that time. My faith in a 401k is shaky at best, so something else, by my own hand , is in order. I only know that i'm finally old enough to run around life with the mantra of regret....I WISH I KNEW THEN WHAT I KNOW NOW!!!!!!!! All y'alll over 40 know what i mean...... Billy, FYI I am a blue collar union auto worker worker for most of my life, also spent some time as a floor supervisor. Bottom line is that I too did not start saving until after 40 years of age. Put 3 kids through 2 years each of community college and one with the final 2 years at Villanova for a nursing degree. I am now over 68 years old and have over one million in cash assets by way of 401', IRA's, stock and personal savings. It can be done and you must persevere and establish a regular savings pattern. And least you think I have been cheap and squirrled all my money away let me assure you I did not. I have two homes, two cars, a married off daughter ($$$) and have always enjoyed a nice two week vacation. This year I have rented an ocean front home in the Outer Banks of NC big enough for my whole damn family. Oh, and I recently bought a Regal 2000 boat, cost more than my cars. This certainly may sound like bragging but I am only trying to make the point that it is not too late for you and most other visitors to this forum. I was not left any money, my wife and I earned everything we got and tried to save and invest wisely. I assure you if I had only put the money into a bank account I might only have 25% of what I have today, probably even less. It takes discipline and sound investing habits. And be very careful of your "own hand", be sure you do research and homework. Without research and homework your own hand holds a high potential for more harm than good. I wish you good luck.
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