GE Stock: Should I buy direct or through online trading company?
good, getting engaged.
if you're going make 1 purchase or 2 , hold several years, can see going direct. otherwise you're limiting , restricting , committing buy & hold strategy. going direct, have hold paper, can't use stops or strategy whatsoever manage it. of what? dividend pays @ rate of 3.7%, same inflation? doesn't seem of plan me. holding spot or investment?
let's see, if buy 100 shares @ $21/share, cost $2,100. dividend pays 3.7%, or $77 1 year tie capital. if roll on dividends, buy 3 new shares of stock after 1 year. or that's tank of gas or maybe halfway nice date (but 1 year). don't when people "invest" dividend.
going through right broker, td ameritrade or scottrade or schwab gives lot of amenities earnings reports, , news, , prices, , access other traders, trading platforms charts , access strategies , tools , tons of management prospects paid opening account , depositing money broker. first objective make money, , broker can give me access need successful; otherwise you're on own , ignoring investment. shaving pennies on commissions way down on priority list of things should looking manage stock position. , intentionally ignoring investment doesn't make business sense, or kind of sense.
if going adding investments monthly, you'll want diversify, , not put eggs in 1 basket. going through broker can facilitate objective effectively.
let broker work of buying , selling , handling paperwork. job manage strategy , future , direction of account.
book, investing dummies local library, , investment make 2013 banner year can proud of. might make real money, more 3.4% if learn little.
i want buy ge stock... should buy direct through ge or go through online trading company? plan on investing 2,500 , adding 1,500 per month. want dividends roll on , purchase new stock.
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