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Buying stock
quarterback:
--- Quote from: shardian on February 14, 2008, 08:20:49 am ---
--- Quote from: quarterback on February 14, 2008, 12:15:53 am ---I have an ING savings and checking account and recently got an ad from them regarding a new stock service they're offering.
--- End quote ---
I'll definitely look into that! We have an ING savings account and I was gonna pull the money from there anyways. Too bad the savings rate has been going down huh? I was enjoying that 4.5% rate.
--- End quote ---
I have an Electric Orange account and was getting 5.25% for a while. Oh well, at least my ING account total won't actually drop below the amount I've put into it... unlike my retirement fund :(
There are still some higher interest rate checking/savings accounts around, but ING is easy and I hate chasing percentage points.
--- Quote from: Samstag on February 14, 2008, 10:50:33 am ---Sharebuilder has been around a while. I've never used it, but I remember it was highly recommended for small investors about 10 years ago.
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Interesting. I hadn't ever heard about it. Maybe I'll look into it more this weekend if I get a chance. I'd like an EASY way to buy some stocks that doesn't require me to set up a new account or pay any freaking monthly fees. Shardian, if you check it out, let us know if I mischaracterized/misunderstood how it works.
--- Quote from: SavannahLion on February 14, 2008, 06:19:27 pm ---I've heard about ING. I always assumed it was a type of an account.
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ING Direct offers all kinds of accounts as well as mortgages, CDs and (as noted) stock purchases. They have had competetive interest rates in the past (like I said, I was getting 5.25% interest on a checking account) and even though they aren't the absolute highest rates, they're a solid company with a good web interface.
shardian:
I signed up for share builder. They have a basic account that has no fees. You pay a flat rate of $9.95 to buy or sell as a one time thing. No minimums. Also, they have a thing that if you schedule your buying or selling for Tuesday, it is only $4. I read the user aggreement thoroughly and looked all around and I didn't see any hidden fees or such. It seems like a pretty good setup. I'll be buying this Tuesday I think.
pointdablame:
I used ScottTrade and Ameritrade in the past with good results, I'd recommend either to anyone looking for one.
Unfortunately for me, I now have to trade with my company or not at all. I pulled out all my holdings before I started and haven't even opened an account back up at my job. Their fees are super crappy too... :banghead:
shardian:
crap, the stock I want is not available through sharebuilder. I could have swore it was when I signed up.
I remember reading that they maintain a list of 6000 stocks, and that it changes. I did not expect it to change that much though.
Guess I will go with someone else. Good thing I waited though, because now the stock is down to 15 cents.
koolmoecraig:
What is the stock?
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