Goto the eInvesting Home Page
Home    Investing Forums    Edit Your Profile    Manage Your Portfolio    View the Rankings    Learn about the Simulator

Welcome to eInvesting! You've found the coolest stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!

Join now and and start trading right away!
Log In to make this message disappear!

 
  ::  Register  ::  Log in  ::  Log in to check your private messages
Purchase e$ Purchase e$ Virtual Store Virtual Store FAQ  FAQ      Search Search  
 
 
www.eInvesting.com Forum Index » Investing For Beginners

Online or Broker


Post new topic Reply to topic
Online or Broker « View previous topic :: View next topic »
Author Message
Pballxt
PostPosted: Mon Jul 23, 2007 7:22 am Post subject: Online or Broker Reply with quote

New Poster
New Poster

Joined: 22 Jul 2007

Posts: 9
This Month: 0

449.52 e$

Net worth: 4,981.19
Portfolio Value: 4,531.67
Monthly Return:
2.48%
Trades this month: 0
Churn Rate: 0.00%

Items

When starting out is it easier to buy stocks through a broker or online?
Back to top
Willcarsrule
PostPosted: Thu Jul 26, 2007 5:20 pm Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 08 Jul 2007

Posts: 67
This Month: 0

255.75 e$

Net worth: 15,295.25
Portfolio Value: 15,039.50
Monthly Return:
1.70%
Trades this month: 0
Churn Rate: 0.00%

Items

I love online... scottrade is sweet
Back to top
efflandt
PostPosted: Sun Aug 05, 2007 10:39 am Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 01 Oct 2005

Posts: 206
This Month: 0
Location: Elgin, IL USA
76765.69 e$

Net worth: 110,249.89
Portfolio Value: 33,484.20
Monthly Return:
1.06%
Trades this month: 0
Churn Rate: 0.00%

Items

However you trade stock (unless you have a seat on the exchange), if you buy/sell stock when you want to or at a specific price, it is going to be through a broker, whether by phone or online. Full service brokers can give recommendations at a higher cost. Discount brokers are lower cost, but you need to determine yourself what you want to buy or sell. Some discount brokers overlap somewhat, offering free mutual fund suggestions, or advisory services for larger customers or for a fee.

If you phone an order into a discount broker, there may be a higher trade fee. So most of us place orders online, which is quickest and least expensive. It is also easier to double check your entries, assuming you know what you are doing. If not, you could probably get phone assistance entering your first online orders.

In many cases you can buy directly from the stock agent of the company whose stock you are interested in. That can be online after sending initial paperwork. However, you have no choice what price (or even which day) they buy/sell your stock. So that would only make sense for a long term hold you might be adding to regularly and/or dividend reinvestment (DRiP).
Back to top
vantrung
PostPosted: Wed Aug 08, 2007 8:55 pm Post subject: online Reply with quote

Investing Associate
Investing Associate

Joined: 04 Aug 2007

Posts: 30
This Month: 0

8754.90 e$

Net worth: 8,754.90
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

If you understand everything about business market. You should buy stock online by yourself.
Back to top
frac0019
PostPosted: Thu Aug 09, 2007 11:44 am Post subject: Re: Online or Broker Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 25 Aug 2006

Posts: 125
This Month: 0
Location: Jacksonville, FL
28767.33 e$

Net worth: 28,767.33
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Pballxt wrote:
When starting out is it easier to buy stocks through a broker or online?
I think it is cheaper to buy stocks online but only should do it if you know what are you doing..and i think scottrade is a good place to do it at
Back to top
sport302
PostPosted: Sun Aug 19, 2007 6:48 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 13 Feb 2007

Posts: 17
This Month: 0

9072.00 e$

Net worth: 9,072.00
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Online but stay away from "individual" stocks until you really understand how the markets work. Start out with a few quality ETFs until you have a grasp for what you are doing. Picking individual stocks can consume a lot of time especially for a beginner.
Back to top
PaulHugan2K
PostPosted: Mon Oct 01, 2007 6:00 am Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 29 Sep 2006

Posts: 36
This Month: 0
Location: Lima, Peru
186.15 e$

Net worth: 6,386.15
Portfolio Value: 6,200.00
Monthly Return:
10.71%
Trades this month: 0
Churn Rate: 0.00%

Items

Talking about buying online stocks, i'm looking for someone who has experience in it, but someone outside from the USA.

Let me explain, i'm live in Peru, and i'm curious about how to buy online stocks in stocks exchanges outside mi country. If anyone have a good page (Scottrrade, E-trade, etc) which accepts transactions with people outside USA, i'll be thankful Smile
Back to top
Display posts from previous:
Post new topic Reply to topic Page 1 of 1

www.eInvesting.com Forum Index » Investing For Beginners » Online or Broker
Jump to:  




Penny Stock Simulator | What are e$? | Forum Rules | FAQ | Manage Your eInvesting Portfolio | Privacy Policy | Links
PcTechTalk | Club-tC | Lost Discussion | World Class Designs | Xtreme Tuning | Statistical Trading | Advertise with eInvesting!


Before acting on any advice or program you find here at eInvesting.com we strongly recommend that you seek independent & professional legal, tax and investment advice as to whether it is suitable for your particular needs and circumstances. Failure to seek personally tailored, detailed, professional advice prior to acting could lead you to act contrary to your own best interests and could lead to loss of money. eInvesting.com is not responsible for your actions, so do it right!

Powered by:phpBB VERSION 59
© 2005, 2006 eInvesting.com