Stocks since the questions have be opened on other posts.

JOCCO · Feb 12, 2011

I have some dealings comming up and have been out of the market for a long time (physical and mentally) Any good web sites on this and how do you pick a broker these days? Any one use these e-trade sites?

rrlund · Feb 12, 2011

I just deal with the local Edward Jones office. They'll buy whatever I want them to.

Spook · Feb 12, 2011

I go with Vanguard or Fidelity. Low cost is the name of the game.

JayinNY · Feb 12, 2011

I use E-trade, its $9.99 to buy or sell stocks, may be lower if your a power buyer, or what ever they call it, meaning you make x amount of trades in x amount of time. Iv had E-trade for 10 years and never had any problems with them.

55 50 Ron · Feb 12, 2011

Same as Mr Lund. I use the local Edward Jones office; have for many years and am totally happy with their results.

Ray · Feb 12, 2011

Edward jones put me into worldcom,GM,BP,and cisco.So far i'm out 10 grand.Might as well left the money lay in my checking account at zero percent,would have been farther ahead.

JayinNY · Feb 12, 2011

Ya, thats why you should pick your own stocks.

Bob M · Feb 12, 2011

If you are making your own investement decisions consider Chas Schwab.

I have been a Schwab client for many years and am extremely satisfied with their customer service. Also Schwab's website is well-organized and works great.

tlak · Feb 12, 2011

What are some good picks?

Anonymous-0 · Feb 12, 2011

nly-clmt-tnk

TomH in PA · Feb 12, 2011

I use TDAmeritrade. Flat rate for most transactions, no hassle at all. I would never go to a "full service" broker. Their job is to collect commissions.

TomH in PA · Feb 12, 2011

Buying stock in individual companies is pretty risky. For most investors an indexed mutual fund is the best choice. Indexed means they are passively managed, they invest in a number of stocks with the goal of tracking one of the major indexes like Dow, S&P, etc. They don't try to guess what's going to be "hot" this year like actively managed funds.

Over the years you'll find that actively managed funds don't outperform the indexed ones; but they always charge a higher management fee for their "expertise". The ones that did well last year were lucky last year, that doesn't mean anything about how well they'll do this year.

Wardner · Feb 12, 2011

Read a site called "Motley Fool" for stock ideas. It is a well balanced site for investment opinions and strategies.

Stock brokers work for themselves and their companies, not for your benefit. They will churn your portfolio for their high-priced commissions. It's hard to understand why they are still around when everybody can place their own orders via the internet. I use e-Trade.

kyhayman · Feb 12, 2011

For OTC and exchange traded I usually use TD Ameritrade. For bonds I use the Raymond James office in Memphis. I really like KY municipal bonds, if I can get them at 5 pct or over as there's no state or federal tax on them.

As to picking ideas, I try to go with companies I know who have a good product line, low debt, and are trading at or below their 52 week average. Right now thats hard to pick, so I'm sitting out, buying bonds as they come up.

big fred · Feb 12, 2011

Investrade was good for me, but I wasn't using any of their research tools, just trading. Had a brokerage account there for about 15 years, but recently decided I didn't have that much interest in finance so closed my account. I think trades were like $7 or $8.

led · Feb 12, 2011

Invest only in companies you know! (Warren Buffet)
Ameritrade is pretty cheap.
Divirseify (Never put all you eggs in one basket)
Stay away from front-end load mutual funds & mutual funds with 1% (or over) maintance fees!!
Why would you go into Charles Jones office &
ler him recommend stocks that he gets a commision on. Hell, If he is that good picking stocks why does he work for a living!!!!!
Motley Fool is a good website, to learn from others mistakes.
All the above being said.
A FOOL AND HIS MONEY ARE SOON PARTED !!!!!

Led

caterpillar guy · Feb 13, 2011

Some of the gold mining stocks have done well through these times. I have some money in them with good results.

Stocks since the questions have be opened on other posts.

JOCCO

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rrlund

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Spook

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JayinNY

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55 50 Ron

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Ray

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JayinNY

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Bob M

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tlak

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Anonymous-0

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TomH in PA

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led

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