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Picture of Pyker
posted
If you've never done it before?

I have a few grand I could stand to risk at the moment and it seems like now, or soon, is going to be a good time to jump in.
 
Posts: 2763 | Location: Lake Country, Minnesota | Registered: September 06, 2019Reply With QuoteReport This Post
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Seems like here is popular
https://robinhood.com/us/en/

So popular they have had a number of outages have occurred with the app


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Posts: 25458 | Registered: September 06, 2003Reply With QuoteReport This Post
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I have an account with TD Ameritrade. I've had this for probably 15 years and they have always been fair. I get my advice from the Motley Fool. I believe trades are free now with TDA and they will link to your bank account to transfer money back and forth.



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Posts: 4242 | Location: Saddlebrooke, Arizona | Registered: December 24, 2013Reply With QuoteReport This Post
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Both Schwab and Fidelity are good choices. No fees, no minimum balance and no trading commissions. Both can be linked to your bank account. Fidelity lets you lock your account against withdrawals. Schwab has several rating services for each stock, although the Schwab rating itself doesn't have a clear and concise explanation.


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Posts: 2183 | Location: East Virginia | Registered: October 12, 2009Reply With QuoteReport This Post
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I also am with TD Ameritrade, since they bought out Scottrade. I have no complaints. I believe that they just got bought out by someone else, but I can't remember who.
 
Posts: 6633 | Location: Az | Registered: May 27, 2005Reply With QuoteReport This Post
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quote:
Originally posted by Hay2bale:
Both Schwab and Fidelity are good choices. No fees, no minimum balance and no trading commissions. Both can be linked to your bank account. Fidelity lets you lock your account against withdrawals. Schwab has several rating services for each stock, although the Schwab rating itself doesn't have a clear and concise explanation.


Vanguard also.

Open an account and begin long term methodical investing for the future.

I would skip Robinhood.

-------------------------------


Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
 
Posts: 8940 | Location: Florida | Registered: September 20, 2004Reply With QuoteReport This Post
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I work with a financial planner my family has used for several years.

My mother and father used him and when I started managing their finances, I started working with him.

Over the years, I moved all my accounts over, then my sister and then brother did.

My parents are gone now but Hank is still doing a great job with our assets.
 
Posts: 1079 | Location: Texas | Registered: February 20, 2018Reply With QuoteReport This Post
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Open an account at a broker. Pick one you like. add money and trade. I like fidelity, but it matters not. Just don't pick one with ongoing fees or advise.


“So in war, the way is to avoid what is strong, and strike at what is weak.”
 
Posts: 11021 | Registered: October 14, 2004Reply With QuoteReport This Post
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I've been with TD Ameritrade since they were TD Waterhouse and they tore up the full service brokerage $$$ playhouse with their $39 telephone trades back in mid 1990s.

TDA is a fine brokerage with a wealth of info on their site. Also commission free basic buy/sell trading.


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Posts: 4707 | Location: Sunnyside of Louisville | Registered: July 04, 2007Reply With QuoteReport This Post
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Picture of old rugged cross
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i do not believe you can buy individual stocks using Vanguard.



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Posts: 19257 | Registered: September 21, 2005Reply With QuoteReport This Post
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^I would have said the same thing, but apparently you can now buy individual stocks at Vanguard (originally a mutual fund company).



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Posts: 16402 | Location: SF Bay Area | Registered: December 11, 2003Reply With QuoteReport This Post
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quote:
Originally posted by Black92LX:
Seems like here is popular
https://robinhood.com/us/en/

So popular they have had a number of outages have occurred with the app


Yea, if you want to trade on heavy volume days, need not apply.
 
Posts: 8711 | Registered: January 20, 2010Reply With QuoteReport This Post
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quote:
Originally posted by old rugged cross:
i do not believe you can buy individual stocks using Vanguard.


yes you can -- they have brokerage account services available

https://investor.vanguard.com/...ting/online-trading/

but you need to set the account up as a brokerage account not a simple mutual fund account

plus they recently went to $0 commission on stock transactions

-------------------------------


Proverbs 27:17 - As iron sharpens iron, so one man sharpens another.
 
Posts: 8940 | Location: Florida | Registered: September 20, 2004Reply With QuoteReport This Post
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Firstrade.



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Posts: 12458 | Location: Madison, MS | Registered: December 10, 2007Reply With QuoteReport This Post
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Picture of Pyker
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Thanks for the answers, but some of you guys might as well be speaking a foreign language.

I'll need to do some more research I think.
 
Posts: 2763 | Location: Lake Country, Minnesota | Registered: September 06, 2019Reply With QuoteReport This Post
Partial dichotomy
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P, check this out:

https://www.fool.com/how-to-invest/stocks.aspx




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Posts: 38734 | Location: SC Lowcountry/Cape Cod | Registered: November 22, 2002Reply With QuoteReport This Post
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Picture of LBAR15
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Youinvest by JPMorgan Chase is what I use. Basic trades are free, the platform is simple to use and if you have other accounts with them you can move money between accounts seamlessly. Like you, I'm not a day trader or anything but I like to dabble in it when I see opportunities. This is a simple way to do it.


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Posts: 4635 | Location: New Jersey | Registered: June 21, 2007Reply With QuoteReport This Post
Happily Retired
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I've been buying and selling stocks and bonds for 30 years now for my 401K all thru Fidelity. I'm just an average guy with an interest in the market. You don't need a broker.



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Posts: 5059 | Location: Lake of the Ozarks, MO. | Registered: September 05, 2005Reply With QuoteReport This Post
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Picture of 229DAK
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quote:
Originally posted by old rugged cross:
i do not believe you can buy individual stocks using Vanguard.

Yes you can, as I have a brokerage account with Vanguard.


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Posts: 9058 | Location: Northern Virginia | Registered: November 04, 2005Reply With QuoteReport This Post
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You can walk into a Schwab office with your checkbook and start an account. Then sign up for one line trading on your computer at home. They have a bunch of educational videos to answer any specific questions.


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Dances with Crabgrass
 
Posts: 2183 | Location: East Virginia | Registered: October 12, 2009Reply With QuoteReport This Post
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