So i have a 401k through work as well as being enrolled in their stock purchase program, a few books i've read Cramer etc. and a play account on yahoo. think i'm about ready. so what broker best suits a young guy lookin not to day trade but to buy and hold for at least a few yrs with generally smaller money amounts.. leaning toward sharebuilder what u think any advice welcome
I like E*Trade, but there are other good ones, too. Also, look into dividend reinvestment plans, where you can buy just one share and keep adding to it over time. So, if you put in $50 a month, when the stock price is lower you buy more (because you can buy partial shares) and you buy less when the price is higher. Read "How to Buy Stocks Without A Broker" or go to www.dripinvestor.com.
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