I have 0 to invest in stocks. I want complete control of my cash. I want no advice. I don’t want huge fees for spreading my small investment amount over several stocks and not buying in complete lots.
Actually, I’m not worried about turning my cash into major profits. I just want to have the fun of investing and I want to get annual reports. It’s more of a learning experience than anything.
Actually, I’m not worried about turning my cash into major profits. I just want to have the fun of investing and I want to get annual reports. It’s more of a learning experience than anything.
bob shark 5:04 pm on April 8, 2010
$200 is not enough to byuy shares with.
Buy a CD(certificate of Deposit) with it.
When you have tiny amounts of money, commissions and acct charges will decimate your little nest egg.
ronk 5:04 pm on April 8, 2010
buy silver
Scottrade 5:04 pm on April 8, 2010
Have you considered Scottrade? Scottrade is a discount broker geared towards the experienced, self driven investor.
You can open an account with as little as a $500 deposit. They have a flat rate ($7) for most online market and limit equity orders, regardless of your trade frequency, account balance, or the number of shares in a transaction. Scottrade does not charge for inactive accounts or for account maintenance, and there are no minimum number of transactions (trades) required.
You can compare the commissions/fees of several brokerage firms at: http://www.scottrade.com/online_broker_comparison/discount_brokerage_comparison.asp .
I hope you find this information useful. Please let me know if you have any additional questions. I’d be happy to help.
Scottrade
http://www.Scottrade.com
1-800-619-7283