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re: Someone told me if you can't buy a hundred shares you are wasting your time.
Posted on 3/2/15 at 7:57 am to CajunTiger92
Posted on 3/2/15 at 7:57 am to CajunTiger92
I use Interactive Brokers for trading and I compare it to shopping at Sam's Club vs a grocery store. You have to buy 100 shares, but the trade fees are so low it's almost negligible; a standard 100-500 share NYSE or NASDAQ stock order is $2.
If you are trading $5000+ at a time and doing it multiple times per week, it's definitely the best way to go. If you are trading less money or less frequently, stick with Scottrade or something else.
If you are trading $5000+ at a time and doing it multiple times per week, it's definitely the best way to go. If you are trading less money or less frequently, stick with Scottrade or something else.
0
Posted on 3/2/15 at 9:28 am to LSUneaux
He would be appalled at my non-401k investing approach then.
The last stop of my direct deposited paycheck is a 4 way split at Vanguard which works out to be 19-25 dollars per fund in a pay period.
The last stop of my direct deposited paycheck is a 4 way split at Vanguard which works out to be 19-25 dollars per fund in a pay period.
Posted on 3/2/15 at 4:20 pm to LSUneaux
His advice makes no sense.
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