hi
i'm totally new to stock market..i have seen lots of thread being posted in sajha about the stock investment....
for those who r already into stock market...i have a Question?
what tools u guys used for buying stocks....
any suggestion... appreciated....

I use Ameritrade and they are the most reasonable in terms of commision rate and transaction cost. Som big name like Etrade is user friendly but hey u would definitely do good homewotrk before investing right? So, there is the tradeoff. You can jump in Etrade with no info and feel comfortable about investment. However, if you are only looking for transaction toold Ameritrade is good. One more thing don't get me wrong, Ameritrade also got good stuff but Etrade got some more bells and whistles and they are the pioneer in online trading. Again, depends on how big of portfolio u have? If u have a hefty money, like 100k for now as starter go with companies like Schwab, Fidelity, blah blah blah....

job125, I have one question, are u planning on investing now? What's ur intension? Long term or short term? like a yr or two or five???? If you want quick return then this is not the market I have diversivied my portfolio with European market and Nekkei to balance out NYSE for short term investment but for long term 2-3 yrs from now, I have spend decent amount of money in troubled financial sectors, which we also know it as high risk investment. Remember it's a random walk in wall street and I am making this high risk investement on the basis of "Too big to fail" theory and I hope it pays off.

Good Luck, this is a pretty intense but very fun part of life. But the market right now is not making me happy at all. Bush sure is an example of failure. Hope Californians vote to name sewage plant after GWB....

Happy Friday.

probably go with scottrade $7 commisions and $500 account minimum..

its quite a decent broker for the money.

what are some downsides of etrade?

I just registered, and it says: 100 free trades... and 9.99 transaction fee from there on...it looked pretty good...what you guys say on this?

100 free trades is a promotion right now.. uhave to open account using that link and deposit $1000 and then u get 100 free trades... once that is up, u will get charged $12 per trade.

i say, open etrade account if u want.. and then once u finish your free trades switch to different broker.

hey guys,

         i  have been reading about this stock market thread for a long time.  i have quesions for  you people who are into this stock stuffs. can we really make good money with this thing???

No we can't make money out of stock market. That's the job of the fed. They make the money. We just play with it.

u_day are u the guy that just finished his CFA exam ?

no