Friday 4 December 2009

12/4 Investing Stocks Online

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Best Online Discount Stock Brokers – Charles Schwab
December 3, 2009 at 12:06 pm

This is one of the Online stock Brokers whose commissions may be  little higher that the other discounted ones but their overall value is very good compared to a lot of them. They have a great Easy to Use website and offer a broad range of investments. Their Customer Service is ranked very high and they have over 300 branches. They do require a minimum of $1000 initial investment though. 

Charles Schwab announced Schwab ETFs™ with commission-free online trading and low expenses recently.  Schwab ETFs represent excellent value and can help you build a diversified portfolio.  Schwab ETFs are commission-free when traded online through a Schwab account.  Plus, Schwab ETF operating expenses are among the lowest you'll find anywhere.  Schwab ETFs follow broad indexes of both domestic and international stocks, making them excellent building blocks for a well-diversified portfolio.

SmartMoney’s 2008 annual survey lists the best and the worst online broker in each of six areas. SmartMoney staffers open accounts at each broker, evaluating them for responsiveness, tools, fees and more. Charles Schwab wins the award as best in the category of mutual funds and investment products. Click here to see their review.

From Charles Schwab’s website….
Here, you can enjoy a personal relationship with our investment professionals. We see investing from your perspective, and make recommendations based on actually listening to you and understanding your needs.

Experience ease and convenience—from opening your account to accessing top research. To all investors, we offer investment guidance and portfolio planning.

If you want us to manage your portfolio, we also offer investment management services.

Our goal is simple: to give you everything you need to do better.

Their fees:
Schwab ETFs™ – $0.00
Stocks and non-Schwab ETFs (Up to 120 trades2 per year AND $999,999 or less in household balances3) – $12.95 for the first 1,000 shares
Stocks and non-Schwab ETFs (120+ trades4 per year OR $1,000,000+ in household balances3) – $8.95

 

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