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I want to invest money in stocks and not having to go to a stock broker? |
how do i do it you can set up your own brokerage acct on fidelity or wherever. if ur a newbie, i recommend that you stick to mutual funds. single stocks are risky & not a place to put your sole/primary source of future retirement income. also, trading too much will eat up a large portion of your earnings & subject you to ordinary income taxes on the gains. buy good mutual funds & leave them alone. Honestly I'd recommend going with a stock broker (it will make your life much easier). Fidelity and zecco.com are brokers, they just don't charge as much and they don't provide personal service as the expensive brokers like Merrill Lynch. I use zionsdirect.com Investing isn't hard, here is a site which taught me a lot about the investing overall |
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