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Is there any way to buy stocks/ETFs without going through a broker?
Posted on 1/8/14 at 2:57 pm
Posted on 1/8/14 at 2:57 pm
I've got MF's through retirement accounts, and I know there are some companies that will sell their stocks directly to consumers, but is there any way, preferably online, where I can buy and sell stocks directly without incurring fees and whatnot?
TIA
TIA
6
Posted on 1/8/14 at 3:22 pm to white perch
There are hundreds of companies that are willing to let you trade stocks without being compensated for it.
Posted on 1/8/14 at 7:38 pm to white perch
Vanguard charges no fees for their ETFs
(can buy any stocks with them as well, fees vary depending on the amount of Vanguard assets you have with them. )
(can buy any stocks with them as well, fees vary depending on the amount of Vanguard assets you have with them. )
This post was edited on 1/8/14 at 7:39 pm
Posted on 1/8/14 at 10:26 pm to white perch
Schwab charges $8.95 a trade regardless of size, are always accessible and able to answer any question (they patched me through to an estate expert the other day at no cost), have a highly functionable website, and make it very easy to transfer funds to/from your bank account. Hard to beat.
Posted on 1/8/14 at 11:46 pm to white perch
quote:
I've got MF's through retirement accounts, and I know there are some companies that will sell their stocks directly to consumers, but is there any way, preferably online, where I can buy and sell stocks directly without incurring fees and whatnot?
Wouldn't you have to become a member of a stock exchange to do that?
My guess is the commissions you pay a broker will be less.
InteractiveBrokers is a good discount broker. I think its $1 a trade.
This post was edited on 1/8/14 at 11:47 pm
Posted on 1/9/14 at 10:11 am to white perch
Posted on 1/10/14 at 5:53 pm to white perch
E*Trade has some commission-free ETFs, but they charge a penalty for selling in less than 30 days.
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