Re: New to Trading... Am I taking the right steps?
[ QUOTE ]
I tend to think of trading as buying and selling the same investmemt. I think you are talking about investing.
freetrade.com has no commisions but you need $5000 to start. I think vanguard has a $250/month plan or something like that.
If you do not have enough money, that is the problem you need to work on. People hate being told that but you should work on your earned income. Your best investment might be things that improve your earned income perhaps education, better work cloths, tools of your trade, job consuling, drinks with the boss after work, I don't know what else. The fact is $1000 no matter how well invested is unlikely to amount to much money in the long run.
[/ QUOTE ]
FYI, freetrade.com is an Ameritrade brand.
|