Author Topic: Who do you use for a brokerage account?
deadcactus 
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Subject: Who do you use for a brokerage account?
Simple question. I like USAA's other services but their investment accounts suck. Looking for suggestions...

 

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Maleraka 
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Subject: Who do you use for a brokerage account?
I use Fidelity. I don't really actively trade though. Freedom Fund IRA.

 

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Hawkson 
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Subject: Who do you use for a brokerage account?
Charles Schwab is a good one to look into.

 

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the_great_intex 
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Subject: Who do you use for a brokerage account?
California state lottery

 

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deadcactus 
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Subject: Who do you use for a brokerage account?
Think I'm gonna go with OptionsHouse. Only $4 for stock trades and a free Kindle Fire. Sounds solid...

 

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Fozzie_Bear 
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Subject: Who do you use for a brokerage account?
the_great_intex posted:
California state lottery



excellent future planning.

pro tip. despite the name, food stamps are not edible

 

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Cao_Ren 
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Subject: Who do you use for a brokerage account?
TradeKing

 

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Cuttlery 
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Subject: Who do you use for a brokerage account?
The place I work at.

 

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Cawlin 
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Subject: Who do you use for a brokerage account?
Ameriprise, if you are in or near PA, I can put you in touch with an excellent broker.

 

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deadcactus 
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Subject: Who do you use for a brokerage account?
I'm not convinced of the value of paying a commissioned broker versus doing it yourself via an electronic broker. There are exceptions but I think they're rare and I'm not one of them...

 

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TheUnholyGhost 
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Subject: Who do you use for a brokerage account?
Cuttlery posted:
The place I work at.

 

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Tipztoe 
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Subject: Who do you use for a brokerage account?
Tony "the bat" Luciano.

 

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JD_HOGG 
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Subject: Who do you use for a brokerage account?
deadcactus posted:
Think I'm gonna go with OptionsHouse. Only $4 for stock trades and a free Kindle Fire. Sounds solid...


Go with TD AMeritrade, they'll give you $600. You can buy your own kindle fire and a bottle of scotch to mix with your sprite.

 

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Dark_EternalFF 
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Subject: Who do you use for a brokerage account?
Fidelity and ING

 

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shaggynuts24 
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Subject: Who do you use for a brokerage account?

i use sharebuilder


i like it because it is cheaper than an investment center and i have a Roth IRA i can use for investments -- so they do not take taxes off the top off of dividends

 

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deadcactus 
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Subject: Who do you use for a brokerage account?
JD_HOGG posted:
deadcactus posted:
Think I'm gonna go with OptionsHouse. Only $4 for stock trades and a free Kindle Fire. Sounds solid...


Go with TD AMeritrade, they'll give you $600. You can buy your own kindle fire and a bottle of scotch to mix with your sprite.


It takes $25k just to get $100 of that $600 and $250k to get the full amount. I'll stick with the $10k minimum and $4 trades...

 

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the_great_intex 
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Subject: Who do you use for a brokerage account?
Principal for a 401k that was rolled over into a traditional IRA
Edward Jones for a Roth IRA
Fidelity for my current 401k

I have some shares on various companies that my mom and my grand parents set up when I was young, no idea how to manage them

 

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Fozzie_Bear 
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Subject: Who do you use for a brokerage account?
applause MUCH better grin

 

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the_great_intex 
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Subject: Who do you use for a brokerage account?
I am a money saver wink I'm not waiting until 62 to retire not_talking

 

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Dark_EternalFF 
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Subject: Who do you use for a brokerage account?
I think I have something with Prudential too

 

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Ferrydust 
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Subject: Who do you use for a brokerage account?
TD AMeritrade and Charles Schwab.

 

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Subject: Who do you use for a brokerage account?
my mattress

 

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Varece 
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Subject: Who do you use for a brokerage account?
-Foxy- posted:
my mattress

 

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JD_HOGG 
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Subject: Who do you use for a brokerage account?
deadcactus posted:
JD_HOGG posted:
deadcactus posted:
Think I'm gonna go with OptionsHouse. Only $4 for stock trades and a free Kindle Fire. Sounds solid...


Go with TD AMeritrade, they'll give you $600. You can buy your own kindle fire and a bottle of scotch to mix with your sprite.


It takes $25k just to get $100 of that $600 and $250k to get the full amount. I'll stick with the $10k minimum and $4 trades...


WTF, their commercials are misleading. Yeah, sounds like a better promo with OptionsHouse. So, what you gonna trade? Stocks, or options?

 

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deadcactus 
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Subject: Who do you use for a brokerage account?
Most of it will go into an Index Fund ETF. I really think very few people are making a wise choice in trying to beat the market and my limited time to try certainly excludes me from that group.

A smaller portion will go into a few specific long term stocks I'm willing to take a chance on. The rest will be a small amount I'm willing to gamble with for the fun of speculating...

Edit:
Speculating will be stocks for now. I'm not familiar enough with options to justify experimenting with them but maybe in the next year or two I'll take some time to read up on it.

 

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Rhodoman 
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Subject: Who do you use for a brokerage account?
deadcactus posted:
Simple question. I like USAA's other services but their investment accounts suck. Looking for suggestions...
They have my brokerage account, as well.

I don't do a lot of trading, so their tools aren't a big factor.

Rho

 

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deadcactus 
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Subject: Who do you use for a brokerage account?
Rhodoman posted:
deadcactus posted:
Simple question. I like USAA's other services but their investment accounts suck. Looking for suggestions...
They have my brokerage account, as well.

I don't do a lot of trading, so their tools aren't a big factor.

Rho


It's really their fee schedule more than anything. Brokerage wasn't too bad but it's still an extra $4 a trade and even more on other trading options. The IRA was really killing me though. I don't like the USAA funds and there's no way to set up automatic contributions (let alone the $50 fee for each contribution) to non-USAA funds.

It's a shame because I really like them for everything else and it's nice having everything in one place...

 

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