Which online broker is best for amateur investors with little money to begin with?
cybrstud23 asked:
I have read both the Jim Cramer books and working on reading a few of the Rich Dad books. I watch Mad Money and CNBC everyday and listen to Business Radio at work. I’m looking to get started and want a broker with small fees and little or no minimum balance fee. Any help will be appreciated. If you want to recommend a book or show on TV that can help me in my quest to be a professional investor that would help a lot too.
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I have read both the Jim Cramer books and working on reading a few of the Rich Dad books. I watch Mad Money and CNBC everyday and listen to Business Radio at work. I’m looking to get started and want a broker with small fees and little or no minimum balance fee. Any help will be appreciated. If you want to recommend a book or show on TV that can help me in my quest to be a professional investor that would help a lot too.
April 3rd, 2009 at 7:29 am
Scottrade is the broker reccomendation. Just $7 per trade - but there are others about as cheap.
“The Little Blue Book that Beats the Market” is a book reccomendation. Its a very fast read, but somewhat limited in scope. Still a great book for what it says. Also “Beating the Street” is great, and many others.
April 5th, 2009 at 8:23 am
Zecco - $0 trades!
April 8th, 2009 at 4:42 pm
scottrade burned me on a stop loss order and zecco has serious customer service issues. NO BROKER GETS MY RECOMMENDATION AT THIS TIME!