I am a young professional who wants to get more active in my . I am not an expert, will not be investing huge sums, and will not be actively changing. I suspect I will mainly invest in markets, mutual funds, IRA, and a few stocks. I am hoping to get good service, but with the lowest costs. Value is important. thanks!

 

  • mister ed 11:14 pm on September 28, 2009

    i us edward jones — they have small offices in most small towns and gladly work with the little investor!!!

  • The Knowledge Doctor 11:14 pm on September 28, 2009

    Hmmm, you’re looking for the best broker, huh?
    That’s kinda like asking who is Hugh Hefners prettiest girlfriend.
    See my point?

    Your question is subjective, but for the details you provided, I suggest you consult your companies human resource department for advice on investing and retirement.
    If that is not an option, the following are businesses which offer cash management solutions. Best of all, they’re free.
    Check out;
    http://www.free-financial-advice.net/
    http://smartaboutmoney.org/
    http://www.aarp.org/money/financial_planning/
    (ok, so this is really for 50+ yr olds, but good stuff for you to read anyway)
    http://www.foundation-finplan.org/

    All financial planning firms or investment firms will tell you they are the best, if asked (they’re always looking for new clients).
    Do your due diligence and make a decision based on your own needs and financial objectives.

    Good Luck to you!

    p.s. If you’re a "young" professional, as you claim, money markets may not be for you.
    Their return is so small that with inflation and taxes calculated, you’ll actually be losing money.
    Money markets are typically for older folks who are looking for principal preservation and not risk.

    That tidbit of advice was also free.

  • DVDtoIpad 6:40 pm on May 6, 2010

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