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Beginner Questions...


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t4nk
PostPosted: Tue Feb 08, 2005 3:57 pm Post subject: Beginner Questions... Reply with quote

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Where is the best place to get a good cheap broker to help me out and teach me the know-how to stocks?
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AndrewZ
PostPosted: Tue Feb 08, 2005 6:01 pm Post subject: Reply with quote

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I would reccomend checking out this link: http://stocks.about.com/od/findingabroker/

It is very informational and usefull.

Hope it helps you Smile
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MissDawn
PostPosted: Wed Feb 09, 2005 10:45 am Post subject: Reply with quote

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I think I'll look into that link also.I need all the help I can get at this point.Thanks Very Happy
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happybratpack
PostPosted: Fri Feb 11, 2005 7:22 am Post subject: Reply with quote

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Thank you for posting that link. I'm going to do some research too.

Thanks again!
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fladoozle84
PostPosted: Sun Feb 20, 2005 12:32 pm Post subject: Reply with quote

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Thank you!
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paula0000
PostPosted: Mon Feb 21, 2005 3:36 pm Post subject: broker... Reply with quote

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I wonder if there's a website that will lead me to a more local broker- or do I just look one up in the yellow pages...
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trixiezzz
PostPosted: Mon Feb 21, 2005 5:15 pm Post subject: Reply with quote

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I've always heard that personal referrals could be a good source of names to use. If you know anyone else who is savy on the stockmarket, ask them who they use.
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keokagal
PostPosted: Tue Feb 22, 2005 5:10 am Post subject: Reply with quote

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just peeked at the site, looks like it will be an interesting read. forwarded to my son the genius. he'll let me know if it is worthwhile.
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CapM
PostPosted: Wed Feb 23, 2005 5:10 pm Post subject: Does Your Broker Owe You Money Reply with quote

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Does Your Broker Owe You Money - by Dan Solin is an absolute must read if you are considering a broker.

I've posted some information regarding brokers/planners/advisors in the Advisor forum and can comment further as needed/requested.
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chop456
PostPosted: Wed Feb 23, 2005 5:43 pm Post subject: Reply with quote

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Can you find an advisor through your employer, or your husbands employer? I am a teacher and we have many financial guys coming to school seeking out our business. I sat down with one and felt comfortable, so he is who I use. He checks up on me about once a month and we sit down annually to go over "the plan".
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jboone
PostPosted: Fri Feb 25, 2005 5:28 am Post subject: Reply with quote

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You really do not need a brooker.
Everyone needs to read Missed Fortune by Douglas R Andrew.
It is by far the best finance book I have ever read. It will open your eyes to what is right in front of you.
PS you also do not have to give it to a genius to understand it.
This is a must read.
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paula0000
PostPosted: Sun Feb 27, 2005 3:49 am Post subject: Reply with quote

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I'm going to check up on a couple of those books a couple of you mentioned. Thanks for the ideas.
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Leighla
PostPosted: Mon Feb 28, 2005 4:52 pm Post subject: Reply with quote

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jboone wrote:
You really do not need a brooker.
Everyone needs to read Missed Fortune by Douglas R Andrew.
It is by far the best finance book I have ever read. It will open your eyes to what is right in front of you.
PS you also do not have to give it to a genius to understand it.
This is a must read.


I agree with not needing a broker. The main thing is to educate yourself as much as possible. Whether you have a broker or not. Make sure you know the ins and outs of the decisions you make from your own research.

There have been many a news show that has poked fun at stock brokers. An example is a show that had a pig, a dog and a broker pick stocks and the animals do as well or better than the broker. (Happens with sports broadcasters too, forecasting is a tough business.) For me, I'd rather rise or fall on my own.

It's my belief that if they were so well versed in the stock market what are they doing working for a living? In many respects they are mostly salespeople. They get a commission for every transaction they talk you into, buying or selling. A book I read by Suze Orman told about her dealings as a stock broker and she felt guilty "selling" certain stocks and about some of the other policies her employer enforced. It made her reexamine her values. She left because she wanted to help people (and became wildly successful) and that's how she became the guru she is today.

All that being stated, some people feel more comfortable with a broker advising them. Nothing wrong with that. I don't think they are harmful most of the time. They just have the potential to be costly.

P.S- Check out: www.fool.com
Great website for learning the ins and outs of stocks.
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keokagal
PostPosted: Mon Feb 28, 2005 5:23 pm Post subject: Reply with quote

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I've just picked up a cpl Suze Orman. Like her style. Opening my eyes to the pickle my husband and I are in. I'll check out Missed Fortune, thanx.
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patriciah2
PostPosted: Mon Feb 28, 2005 6:15 pm Post subject: Reply with quote

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Thank-you for the ideas on the books. I like to do research on my own before I ask someone else. It 's nice to know wheat questions to ask first.
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