Welcome to the third installment of Earl’s step-by-step guide to selecting an online brokerage firm. So far in this series, we’ve discussed the importance of identifying the target demographics of online discount brokers, made some top online brokerage fee comparisons, and I even dished out some healthy advice to personal investors who are unsure where their relationships — with their stockbrokers — are headed. (Eat your heart out, Dear Abby!)
Welcome to the second installment of Earl’s step-by-step guide to selecting an online brokerage firm! In this article, we’ll discuss the methods that online discount brokers employ to wrestle your hard earned money from you, wax philosophical about the relationship between brokerage firms and personal investors, and learn a handy little procedure for determining which firms offer the most cost-efficient services according to your personal investment strategy. Moreover, I have constructed a table of values for your convenience, which includes some top online brokerage fee comparisons, located at the end of the page. (Isn’t that just swell?)
Welcome to Earl’s step-by-step guide to selecting an online brokerage firm! In this multi-part tutorial, I’ll demystify the process of choosing among the many online discount brokers available, in a simple and systematic way according to your personal investment strategy and financial situation. But, let’s be honest: if it were as easy as typing “best online brokerage firms”, or “cheapest online brokers” (or perhaps even “bestest cheapest online discount brokers”) into a search engine bar and clicking on the top result, then you wouldn’t be reading this guide.