AAPL stock: Click Here |
|
Tips and Deals ---- For Sale & Free Items ---- 'Friendly' Political Ranting |
buying stocks
Posted by: bazookaman
Date: May 31, 2018 08:00PM
|
Re: buying stocks
Posted by: blooz
Date: May 31, 2018 08:18PM
|
Re: buying stocks
Posted by: Paul F.
Date: May 31, 2018 08:21PM
|
Re: buying stocks
Posted by: 3d
Date: May 31, 2018 08:59PM
|
Quote
Paul F.
I really want to go to the Hershey, Inc annual stockholders meeting some day... it's next to the Hershey Chocolate World musuem and park... Goodies!
Re: buying stocks
Posted by: 3d
Date: May 31, 2018 09:05PM
|
Re: buying stocks
Posted by: Paul F.
Date: May 31, 2018 09:35PM
|
Quote
3d
Scottrade is now www.tdameritrade.com. I think it's 2-3000 or so to open an account. Transfer some money in and away you go. Check the fees in buying and selling. It might not be worth it to go hog wild buying 2 shares of this and 1 share of that. Fees can add up quickly.
Re: buying stocks
Posted by: sekker
Date: May 31, 2018 09:38PM
|
Re: buying stocks
Posted by: Michael
Date: May 31, 2018 09:53PM
|
Re: buying stocks
Posted by: Paul F.
Date: May 31, 2018 11:50PM
|
Quote
Michael
You can open a custodial investment account for her with Schwab for a $100 minimum. It will cost $4.95 for an online trade.
[www.schwab.com]
Re: buying stocks
Posted by: Racer X
Date: June 01, 2018 12:55AM
|
Re: buying stocks
Posted by: bazookaman
Date: June 01, 2018 06:41AM
|
Quote
Michael
You can open a custodial investment account for her with Schwab for a $100 minimum. It will cost $4.95 for an online trade.
[www.schwab.com]
Re: buying stocks
Posted by: TLB
Date: June 01, 2018 06:58AM
|
Re: buying stocks
Posted by: Speedy
Date: June 01, 2018 07:32AM
|
Re: buying stocks
Posted by: Lux Interior
Date: June 01, 2018 07:47AM
|
Re: buying stocks
Posted by: pipiens
Date: June 01, 2018 09:06AM
|
Re: buying stocks
Posted by: bazookaman
Date: June 01, 2018 10:39AM
|
Quote
Speedy
RobinHood is precisely what you want. It is targeted to what your son is wanting to do because it is designed for millenials, is easy to use and (essentially) charges no fees for trading. The app is available for iOS and Android. I mainly use it on my iPad.
I use it for day trading (I think there is a significant balance required for instant settlement) which is probably what your son will want to do. I often trade the same company multiple times a day, often when the swing in stock price is only tenths of a percent (I'm retired and have plenty of free time many days so it is a bit like playing a first person shooter except with more on the line). Not wise for the long or short term but a fun way to learn (while occasionally being burned). But if you set him up with $100 he won't break you but will still have enough to trade and learn. The first link is a step by step tutorial. It looks more complicated to use the app than it actually is.
[www.businessinsider.com]
[medium.com]
[support.robinhood.com]-
[support.robinhood.com]
Re: buying stocks
Posted by: Racer X
Date: June 01, 2018 10:45AM
|
Re: buying stocks
Posted by: 3d
Date: June 01, 2018 10:54AM
|
Quote
Speedy
I use it for day trading (I think there is a significant balance required for instant settlement) which is probably what your son will want to do. I often trade the same company multiple times a day, often when the swing in stock price is only tenths of a percent (I'm retired and have plenty of free time many days so it is a bit like playing a first person shooter except with more on the line).
Re: buying stocks
Posted by: Speedy
Date: June 01, 2018 01:01PM
|
Quote
3d
Quote
Speedy
I use it for day trading (I think there is a significant balance required for instant settlement) which is probably what your son will want to do. I often trade the same company multiple times a day, often when the swing in stock price is only tenths of a percent (I'm retired and have plenty of free time many days so it is a bit like playing a first person shooter except with more on the line).
Come tax time,,, If someone does his own taxes and uses Turbotax/HRblock, etc does a day trader have to list the hundreds of trades separately?? Or does the brokerage/Robin Hood send the day trader one comprehensive list of trades made in the past year for tax purposes. And this is entered once? How does that work?
Re: buying stocks
Posted by: space-time
Date: June 01, 2018 01:52PM
|
Re: buying stocks
Posted by: Speedy
Date: June 02, 2018 06:13AM
|
Quote
space-time
when I posted in 2014 about robinhood, many of you were skeptical
[forums.macresource.com]