Aug 10 2009
Choosing the Right Broker
How to find the right broker for you? Let’s rule out the dartboard, first off. We can narrow your search to just 6 tasks that will help evaluate your needs – and decide which broker fits best.
* Evaluate your needs
Investing experience – Beginner, pro, or in-between? The answer tells you whether you’ll need educational support (most beginners do) or more complex tools or trading choices (some pros do).
Amount to invest – Starting with $100 or $10,000? Do you plan to continue investing regularly, or invest lump sums when you have them? These answers indicate whether you’ll eliminate some brokers for investment minimums.
Investing strategy – Watch the market closely and immediately jump on opportunities? Or invest slowly and steadily over time? [...]
Original post by noreply@blogger.com (Everything Finance)