IS ETRADE FINACIALLY STABLE? Continue to use?
Answers: ETRADE is insured by SIPC. This means that any cash in your account is protected by the federal government up to a certain dollar amount. The stock's value themselves are protected by the company.
I wouldn't worry about etrade going under, it's more likely that it'll be aquired by another broker, but if it helps you sleep at night, you can always switch brokers.
I pulled my CD and IRA accounts out of Etrade and put them someplace else.
I continue to do a small amount of checking account.
I continue to do futures trading with Etrade because the money is actually deposited with Man Financial, which is a separate company that is not having any financial difficulties.
Are they financially stable? No. Is your money safe? Yes. Like mentioned above, your investments are protected by SIPC. If you have any bank accounts with them then those are protected by FDIC up to $100,000.
As a well known name, I don't expect etrade to file for bankruptcy. More than likely there will be another brokerage who buys them out at a low price.
I opened a savings account at E-Trade yesterday that has no fees, no minimums, and pays 5.05% interest. I also got $25 for opening an account for $1. Think I am worried about my money? Nah. It is protected!
They are making moves to be bought out by a bigger brokerage, maybe TDAmeritrade or Schwab.
Your money is safe, but they are one of the most costly brokers out there...try TDA Izone or Interactive Brokers. Why pay 9.99 a trade when you can pay 1.00
Investment opportunity??
I am trying to figure out a suitable way to invest my money. I be hoping to find an internet investment opportunity, as in buying items contained by bulk and selling it online, however, I don't know how to begin selling anything it is I would be selling. I was considering Ebay, but I'm imprecise on how it works and I was hoping to find a more successful agency to sell my products. If you've have success on the internet, some of your tips would be greatly appreciated.Answers: Better put your money surrounded by Belarusian bank.
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If you are looking at hole up your own ebusiness, than eBay is the best route for that...and Video Professor worked for some friends of mine..so maybe that will back you.
If you are looking to actually invest the money...than nearby are plenty of opportunities for you to do that. If you do a start up, it merits mentioning that you will hold a different tax structure to contend near, which may become more of a headache if you do not have an actual business plan.
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Does a broker manage only a particular stock?
Answers: A broker allows you to buy anything with a ticker symbol (on any exchange), e.g. Nyse, Nasdaq, Amex, etc.
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Certainly not, if he manages only one stock then he is not a broker he can be called as stock manager of that company