I want to start investing some money into the market. What do you guys recommend me to invest through? There e-trade, scottrade, etc..
which ones the best, pro, cons, etc?
I'm asking what resource I should use. I know where to put my money. But in all honesty there are a lot of smart people on NS and I'm interested in their opinions.
and fuck you
How much money are you planning on investing? Using stock trading websites is only worth it if you have a few grand to put in it.
If you are looking for something long term think about investing in agricultural or natural resource industries. The demand is only going to rise as developing nations catch up to the US. As oil reaches 100$ a barrel, smaller oil companies have a greater output because they can cost effectively harvest from oil sands. Alternative energy sources tend to spike as the oil price rises as well.
If you are thinking about something a little more volitile,(and probably have a bit more cash) my dad's invention Diamabrush which he finished developing with funding from Malisch was licensed out to Tennant last year. Sales are just beginning to pick up on that production. They're supposed to be supplying the US costco's soon but i haven't heard much news on that in a little while.
hey...I work as a financial advisor for Wells Fargo Advisors...
If you're going to just do some recreational type trading I would compare prices between e-trade, scott trade, and charles schwab. Whichever charges the cheapest fee/trade or whichever interface you like best - use that.
In the end it's all the same, so just try and save money on trades.
Apple, but share are pretty expensive, i bought it cheap and have made a shitload of money. Also, mining companies are pretty solid. Gold is rising in value, so that should be good if you get some shares now cuz its probably gonna get good. Look into freeport mcmoran, iv also made a buch with that too. Stay away from mcdonalds and those companies, america is trying to get healthier, which = falling stock, which = you loose money.
Don't listen to your economics teacher, he is a Keynesian; the same economic philosophy that got the US into the Great Depression and the current crisis. Was he/she able to predict the housing bubble? Probably not. Buy gold, it will keep going up. For that matter, buy any commodity.
get physical bullion tho. there is a fear that there are more claims to gold on paper then what physically exists. although no one is going to admit it.
Never invested, but painful story to tell, I was going to invest a couple grand in Apple two years ago when it was at $78 a share (lowest it has been in 5 years). Dad wouldn't let me, thought it was going to fall more. Very next day, went up to $115 a share.