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| Benjamin |
 Posted: Mon Feb 07, 2005 11:48 am Post subject: Go by Price alone? |
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Administrator
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| Should you pick an online broker by price alone? There are over 25 different ones...what else should I look into? |
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| investor |
| Posted: Tue Feb 08, 2005 3:43 pm Post subject: |
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Investing Associate
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| I always look at PRICE and DATA they provide. |
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| t4nk |
| Posted: Tue Feb 08, 2005 3:46 pm Post subject: |
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Investing Associate
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| what type of data should they provide and what is a good price? |
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| richkid |
| Posted: Wed Feb 09, 2005 1:44 pm Post subject: |
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Investing Associate
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| You will want to make sure that if you are trading that the data is real time, not 20min late, and also you will want announcements, and charts, and things like that.... |
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| Cindy |
| Posted: Wed Feb 09, 2005 5:28 pm Post subject: |
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New Poster
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| I personally would not choose a broker based on price alone. A few years ago I opened an account with one of the cheapest brokers at the time and the service wasn't that great. Trades seemed to take longer to execute than with other brokers. |
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| MissDawn |
| Posted: Thu Feb 10, 2005 8:49 am Post subject: |
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Investing Associate
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I agree you shouldn't go by price alone.You get what you pay for right?
I have not invested in anything online yet but I'm looking at a few things. |
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| Imzadi |
| Posted: Thu Feb 10, 2005 2:34 pm Post subject: |
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Investing Associate
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I was referred by a friend in to a major brokerage company that mostly deals with millionaires. Since they don't turn down a referral, I was taken on as a client even though I don't make & invest nearly that.
It's great because I get the advice & experience of this large company even for my small needs.
See if succesful friends will refer you to their broker.  |
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| rlnlandal |
| Posted: Thu Feb 10, 2005 3:30 pm Post subject: |
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Investing Associate
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| I wouldn't go by price alone either. Though price would be a concern, I would also go by their reputation first, then services offered. But price is important too. |
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| drmikedogg |
| Posted: Thu Feb 10, 2005 6:28 pm Post subject: |
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Investing Associate
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| rlnlandal wrote: | | I wouldn't go by price alone either. Though price would be a concern, I would also go by their reputation first, then services offered. But price is important too. |
Good call. It is wise to go 1)Reputation 2) Price... but if a trusted friend recommends something, I would go with his. |
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| indallas2 |
| Posted: Fri Feb 11, 2005 7:28 am Post subject: |
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Investing Associate
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Unfortunately I do NOT have a choice.
My employer choose Charles Schwab - they are ok, wish I could pick another broker. |
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| lind |
| Posted: Fri Feb 18, 2005 6:48 pm Post subject: |
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New Poster
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You can get real time data elswhere, if you want to go with a cheap broker. scottrader.com provides free real time screening.
The crucial thing is the speed of your orders being realized: sometimes even a 2 minute gap between sending an order and it being executed might cost you a fortune. Go for quality and reliability first, then look at prices! |
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| Blueberry |
| Posted: Sat Feb 19, 2005 3:28 pm Post subject: |
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Investing Associate
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| Is it true you are better off with a bigger company that a smaller investment firm?? |
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| midgetsrus |
| Posted: Fri Feb 25, 2005 2:03 pm Post subject: |
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New Poster
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| when i chose a broker i look at their commision the data they provide and how fast the execute your order. |
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| Josbarr |
| Posted: Mon Aug 15, 2005 2:56 am Post subject: |
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New Poster
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Consider the service they provide.
Do they answer your questions? |
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| millzrm |
| Posted: Tue Mar 13, 2007 7:35 am Post subject: |
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Investing Associate
Joined: 12 Mar 2007
Posts: 41
This Month: 0
9249.45 e$
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| Services, Services, Services. If they don't provide the services you are looking for then the price/s they charge doesn't really matter. In most cases paying a little more is worth it. |
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