eHowToGuru

Posts Tagged ‘Account’

I have an alertpay account, and i want to buy domain name by using it, now i want you to give me a site where they accept payment by using alertpay account.

I think it’s $1000 at E*Trade, but read this information on their website about the various maintenance fees, etc. if you have a balance that low: https://us.etrade.com/e/t/prospectestati…
At TDAmeritrade, the minimum is $2000 if you want the “free trades for 30 days” offer. I’m not sure if they allow you to open an account with less than that if you don’t want that offer. They say they have no maintenance fees.
My own personal opinion is that a mutual fund from somewhere like Vanguard or Fidelity that is based on a major market index like the S&P 500 or Russell 2000 is the best place for new investors with only enough money to meet the minimum. To reduce risk, it’s important to spread an investment across many stocks. Even at a discount broker, the commissions required to do that will be a significant percentage of the investment if the total amount of the investment is only a few thousand dollars which makes it difficult to make any money.

I want to get in the game and continue getting my feet wet through investing in stocks and ETFs, but at my age (25), it’s tough to balance saving and investing through the relatively little amount of money I have compared to others. Does anyone have insight as to what people in their mid-20’s should focus more on with their finances? Also, are there any other investment vehicles that I could be utilizing better based on the amount of money I put in each month. I just want to be assured that I am getting the most bang for my hard working buck.

i’m planning to put in 6000-7000 dollars to trade stocks.
I want something that charges little or ne fees.

how to set up the account ,the kind of softwares i need, and finally, consider the fact that i am in west africa, but i want to be dealing in stocks in the world’s major markets