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Thread: what stock investment site is better?

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  1. #16
    atx
    atx is offline
    us
    Numismatist

    Dec 2014
    Austin, TX
    Bounty Hunter - Lonestar, Fisher F2, Fisher F4, Whites Coinmaster GT. WTB XP Deus
    17
    12 times
    Cache Hunting
    Scottrade is only $7 a trade and pretty good.
    Rebel - KGC likes this.

  2. #17
    us
    Aug 2009
    White's MXT
    2,256
    31 times
    Quote Originally Posted by atx View Post
    Scottrade is only $7 a trade and pretty good.
    I used to trade with Scottrade and if you trade frequently enough like day trade, you can talk them down to $6 per trade. However I did not like using Scottrade. They are very limited in their stock borrows if you want to short stocks. It doesn't matter if you are a long term investor though.

    If you want to trade a lot, it's better to go with a direct access broker instead of Scottrade. Using Scottrade, your orders have to be routed to them first, then to the market which is slower than a direct access broker. A lot of people use Interactive Brokers. They have a lot of shares available if you want to short certain stocks.

    I use Lightspeed Trading. Their commission is .0045 per share with a $1.00 per order commission minimum. I use their platform which is pretty good. They do have misc. monthly charges like $20 data fee so you get access to Level 2 quotes. They also charge a minimum of $100 per month minus commissions so if you trade often and enough to go over $100 in commissions, they won't charge you anything. This is for traders who day trade a lot.
    Rebel - KGC likes this.

  3. #18
    us
    Oct 2007
    New Jersey
    Teknetics T2 ltd Minelab Etrac Xterra 705 Shadow X5
    235
    40 times
    Beach and Shallow Water Hunting
    I like Fidelity and TD ameritrade.
    Rebel - KGC likes this.

  4. #19
    us
    Feb 2012
    113
    56 times
    All Types Of Treasure Hunting
    Robinhood is a new iPhone/Android app that lets you make trades with zero commissions. I've been using it for about 6 months. It's extremely basic, but you can't beat the fees!

  5. #20
    us
    Dec 2019
    East central PA
    22
    12 times
    All Types Of Treasure Hunting
    Historically....the stock market has outperformed any investment. Beside possibly collectibles.
    Rebel - KGC likes this.

  6. #21
    us
    Dec 2019
    East central PA
    22
    12 times
    All Types Of Treasure Hunting
    Try looking at Stocktwits.
    Rebel - KGC likes this.

  7. #22

    Jun 2007
    21,859
    14814 times
    "Forever Stocks" are great for long-term investments...

  8. #23
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    2,217
    2669 times
    Prospecting
    I started my robin hood account tonight and cant wait to get going.
    The fees are perfect!

  9. #24
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    2,217
    2669 times
    Prospecting
    Gold has by far been the best performing asset of the 20th century. Especially after adjusting for inflation.

  10. #25
    us
    Commodore Scotch

    Mar 2010
    Virginia
    Minelab Equinox 800, White's Spectra V3, Minelab Excalibur II 1000
    112
    169 times
    All Types Of Treasure Hunting
    Honorable Mentions (1)
    What causes you to think that? The charts I use have the S&P500 blowing Gold out of the water over a 100 year period on share to one ounce even after the latest crash:

    https://www.macrotrends.net/1333/his...100-year-chart
    https://www.macrotrends.net/2324/sp-...cal-chart-data


    If you have other charts I'd be interested in seeing them. I've always wanted to invest in gold but performance wise all of the data I have show it to be a lack luster investment over time.

  11. #26
    br
    Jul 2018
    998
    2075 times
    All Types Of Treasure Hunting
    Fidelity...forget these cartoon sites like Robin Hood...
    We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government

  12. #27
    us
    Aug 2021
    Plymouth, MI
    2
    All Types Of Treasure Hunting
    I think I should not determine which site is exactly the best. As with any assets, for the safety of their funds it is worth diversifying them both in different assets and in different platforms. At the very least, I personally consider it necessary.

 

 
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