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Old 03-09-2009, 09:06 AM
Boomer Boomer is offline
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Default Online Trading: Who do you use & why?

As I have said in my disclaimers around here a few times, I am my own financial adviser. I have always been my own financial adviser. I have no pieces of paper that say I can be a financial adviser. I do have one client though. That's Mr. Boomer. He still likes me.

Anyway, I am thinking about tiptoeing into the world of online trading. No, I will not become some whacked out, caffeine-mainlining day trader. But I do feel like I can see opportunity approaching. Not exactly pounding on the door yet. But approaching. Way down the road though. I have to use binoculars.

There are some seriously beat up good companies out there. Dividend payers. And if the dividends hold, I get paid to wait while sitting around on the potential of a real gain. And the percentage returns on some of those dividends look interesting to me. I am not a big risk taker. Well, not since the unfortunate bubble dancing I did in the 90's. I have confessed about that on here before. I learned.

So that's what I have been thinking about lately. A lot. Buying a little stock. A little. And I think the time has come to open a little account somewhere and learn how to do this online.

I am thinking about Scottrade, but we are not married yet. I have always just used the phone to buy and sell stock. But I think I am ready to learn how to trade on line. And I thought there could be some good information here about which site to use, from TOTVers who have been doing online trading. So if that's you and you don't mind giving me some advice, which online trading site do you use? And why?

Thanks.

Boomer

Last edited by Boomer; 03-09-2009 at 11:10 AM.