Stocking the Online Community :: Internet Web Cyberspace Essays

Stocking the Online Community I must have a net worth of one million dollars by the time I'm forty. Sounds like a plan to me. Retirement, living the good life. My plan would be to go to school full?time, quit the job, and move into the country. (Not necessarily in that order) The Ad's I see have to be working for someone. The internet and stock trading were meant for each other. More and more people are getting on the band wagon so get on early. "But these hot High?tech stocks and you can't miss," followed by, "The next five winning I.P.O.'s free, just log onto www...." Sure there is some risk involved but people are making a ton of money and I want my share. Show me where to buy. I have some cash put aside I can risk it, I'm young. I can go online find a couple reputable communities, put out the feelers and take the plunge. The help will be free, I'll just give them my email address and they can send me junk mail. It's not hard to delete it. I will have to do some research to find someone to purchase stocks thro ugh that does not charge too much. In addition, I'll need a source for researching which stocks to buy. One or two emergent stocks, buy and sell at the right time and I'm on my way to early retirement. The operation I buy the stocks from will need to have a low price for trades and a low starting balance. It must be quick and easy to trade stocks and I will need quick confirmation to know how much money I've made. Not through the web but in a magazine article I found a rating of six online trading companies they are Scottrade, E?Trade, Suretrade, Smith Barney, Charles Schwab and DLJ Direct. The two most important things to me are the cost of a trade and the amount and quality of access to research. Scottrade has the lowest trade price of $5.95 and Smith Barney with the highest at $24.95. The research is especially good with Smith Barney and Charles Schwab slightly below in quality is Suretrade. Another thing I learned is that most of these companies require a minimum balance to start, E?Trade wants $1000 while Smith Barney starts with $2000. While Suretrade requires no minimum and Scottrade requires only $200. Stocking the Online Community :: Internet Web Cyberspace Essays Stocking the Online Community I must have a net worth of one million dollars by the time I'm forty. Sounds like a plan to me. Retirement, living the good life. My plan would be to go to school full?time, quit the job, and move into the country. (Not necessarily in that order) The Ad's I see have to be working for someone. The internet and stock trading were meant for each other. More and more people are getting on the band wagon so get on early. "But these hot High?tech stocks and you can't miss," followed by, "The next five winning I.P.O.'s free, just log onto www...." Sure there is some risk involved but people are making a ton of money and I want my share. Show me where to buy. I have some cash put aside I can risk it, I'm young. I can go online find a couple reputable communities, put out the feelers and take the plunge. The help will be free, I'll just give them my email address and they can send me junk mail. It's not hard to delete it. I will have to do some research to find someone to purchase stocks thro ugh that does not charge too much. In addition, I'll need a source for researching which stocks to buy. One or two emergent stocks, buy and sell at the right time and I'm on my way to early retirement. The operation I buy the stocks from will need to have a low price for trades and a low starting balance. It must be quick and easy to trade stocks and I will need quick confirmation to know how much money I've made. Not through the web but in a magazine article I found a rating of six online trading companies they are Scottrade, E?Trade, Suretrade, Smith Barney, Charles Schwab and DLJ Direct. The two most important things to me are the cost of a trade and the amount and quality of access to research. Scottrade has the lowest trade price of $5.95 and Smith Barney with the highest at $24.95. The research is especially good with Smith Barney and Charles Schwab slightly below in quality is Suretrade. Another thing I learned is that most of these companies require a minimum balance to start, E?Trade wants $1000 while Smith Barney starts with $2000. While Suretrade requires no minimum and Scottrade requires only $200.