Where Is The Best Place Online To Start Buying Stocks With Little Money?
Saturday, July 4th, 2009 at
12:01 am
I only have about 500.00 to start with .. just want to dabble and get familiar with the market.
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I use Ameritrade and started with $1500. First you need to send them a check or do an electronic transfer. Then do some research. Ameritrade has research features, and Yahoo Finance has free research. Do a lot of reading and good luck!
Hi well you can try scottrade.
Good Luck
Pedro
You should consider your risk tolerance, time horizon, and investment objectives before investing. Read the prospectus and understand the fees and expenses.
http://www.sharebuilder.com is the cheapest place to start. Consider buying ETFs of a broad index (like the Russell 2000) to achieve diversification and reduce risk. You can do that at sharebuilder.com.
This advice is granted with the understanding that you will be 100% responsible for determining the suitability and risk of any investment. Use at your own risk. Talk to your financial advisor.