Can anybody enlighten me something like www.sharebuilder.com?
Its it a good website to buy and put on the market stock?Answers: There rates are only cheap if you are a buy-and-hold investor who does regular investing. Limit information and sell advice are more expensive.
There seems to be more question about sharebuilder.com than I would expect concerning a broker that had clad customer service.
Check out Scottrade or TDAmeritrade. A little more expensive but I believe you will be more satisfied.
It is not as exciting as other on-line brokerages, but if your a pupil it is a good place to start.
It is also perfect if you don't have allot of money to start out.You can buy dollar amounts monthly, weekly or place stock trades. Your dividends are reinvested within full, partial shares or cash. When you step to sell your shares you can flog by placing market or cut-off date orders.
They promote a investment strategy prearranged as "DRIP's", which are one of the best, if not the best, long-term investment strategies.
If you are not au fait with DRIP's, shift to :
low-cost-stock-recommendations
.com
Click on the "DRIP's" Button
There is also and advertisement fot "ING" or Sharebuilder, click on it if you call for clarification.
I personally ruminate Sharebuilder offers a great service.
Good Luck
Becoming a Stock Broker(Serious responses wanted)?
I want to become a stockbroker and sell stocks and mutual funds. What must I do? I am finishing my BS within Marketing so I have a business situation. What are the licensing requirements? Must I work for a firm currently to become licensed? How do I become a trader after licene? How much does it cost to buy license? How to study and what to study for the licensing exams? Realistic probability of actually becoming a broker? Where to hold the licensing exam?I want to be compensated what I'm worth in life span, that is one pretext I want this so bad. If I work intricate, I want to benefit, not benefit a large company. Please procure back to me beside alot of adequate warning and information I really appreciate it. I am 23 so believe I have the ambition to really do this. Help me out. Thanks
Answers: You're going to own to ask about the "Series 3", "Series 7" or another type of nouns.
I asked about becoming a broker, myself. I hear from two different, "qualified" sources:
1] "Its very difficult".
2] "Its really easy".
I KNOW if someone wants something impossible enough, he/she will do only about anything to finish it.
Suggestion: Your next step should be: Contact a stock broker - preferably your parents'/relatives'/friend's broker - to "get hold of it straight from the horse's mouth". Offer to take him/her to lunch or touch for breakfast. Ask about:
A] What have to be done?
B] What classes have to be taken?
C] When and where on earth the classes are given? D] If there is a review course, the cost?
E] How normally the exam is given?
F] Any other Qs about any other far-reaching information you need to know.
You not simply have to work strong, but you have to work smart. Use your time [and talents] trimly and effectively. Its great to have mentors and folks whose "brains you can pick" to rescue you time and aggravation.
Don't consult just any one. Consult beside folks who KNOW WHAT to do AND HOW to properly do those things.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, i.e. my real finishing name!
Go work for a big investment edge. You are just not going to be credible lacking experiance - and you won't know what you are doing.
As for being remunerated - most investment banks reward their traders/brokers pretty handsomly.
You enjoy to get into a broker trainee program next to a brokerage, such as Edward Jones. Then you have to nick a couple of exams administered by FINRA, including the Series 7. The exams will probably cost you a couple hundred in fees. There are study guides available for the exams.
Banking math examine sustain!?
The annual interest on Sid Carrington's three investments amounted to $38500: 5% on a savings justification, 9% on mutual funds, and 12% on bonds. If the amount of Sid's investment in bonds be triple the amount of his investment in the funds account, and the interest earn from his investment in bonds be equal to the dividends he received from his investment in mutual funds, find how much money he placed surrounded by each type of investmentAnswers: money = $83,695
bonds = $251,085
mutual funds = $46,497
Set savings =s, bonds = b, and mutual funds = m. Now create formulas using the information given:
b=3s
.05s + .09m + .12b = $38,500
.05s = .09m
Now, solve for s by replacing the variables contained by the second formula, with variables from the first and third formulas:
so, the second formula become:
.05s + .05s + (.12)(3s) = 38,500
solve for s, and you get s = 83,695
very soon, substitue 83,695 for s in the other 2 equations, and solve for m and b.