discount stock brokers review
Today, investing in stocks has become common especially for people who are looking to diversify their investments. Before beginning the process of purchasing stocks, it is important to use a licensed stockbroker. Stockbrokers play a critical role because they act as a bridge between an investor and the company. When choosing stockbrokers, it is good have an idea of where to go.
There are different types of stockbrokers that you can go to when you want to buy stocks. They range from cheap stockbrokers who provide simple services to more expensive providers who offer clients a full service that includes in-depth financial analysis, recommendations as well as advice.
Thanks to the internet, investors can now make use of the services of an online broker.
Investors should know the best online stock brokers to trade with. The following top stock brokers offer investors the most value for their portfolios. Some online stock brokers are known for their award winning customer service while others are known for inexpensive stock trades or powerful trading tools. This guide will highlight some of the best stock brokers available today with tips and advice for selecting a new broker.
1.TD Ameritrade Offer: Trade free for 60 days + Get up to $600 with any new account.
2.ETRADE Offer: Trade free for 60 days + Get up to $600 with any new account.
3.OptionsHouse Offer: Trade Free for 60 Days.
4.TradeKing Offer: Get $100 in Free Trade Commissions.
5.Scottrade Offer: $2,000 in Cash Bonus and 50 Free Trades.
How do you invest? What do you really pay? At the end of the day, what are your real results? These are questions smart investors should be asking themselves (but usually don’t). In this era of more fees, misc. charges, holding periods and back end redemptions, even at discount brokers, how are you really making out?
The net result was that he would receive the benefit of my experience-which he already trusted based on my track record of pulling clients out of the market in October 2014-and it would cost him no more, and likely less, than his discount brokerage account.
Needless to say, Tom was very relieved. In essence, he traded broker garbage fees for professional management at no additional cost to him.
And, since he itemizes his deductions on his tax return, all fees paid are tax deductible, which is just an added bonus to factor into the equation.
It turned out to be an all around win-win situation for Tom. I encourage you to review your situation and see if what looks like a discount in fees is actually costing you a premium.
William is an investment advisor and has been writing about objective, methodical
approaches to investing for over 10 years. He has helped hundreds of people make better
investment decisions. To find out more about his approach and his FREE Newsletter, please