[Villages PL]

Originally Posted by Villages PL

I opened an account with Schwab a couple of weeks ago. Today, after the market closed, I submitted my first buy order for some shares of stock. But now I don't know how to check the status of my order. I would like to check it after the market opens tomorrow. Can anyone tell me how that's done?

I'm making progress but still have questions.

I contacted a broker this morning and got a lot of questions answered. My first online trade, that I thought I had messed up, went much better than expected. I'm a happy (Schwab) camper today.

Thanks again to everyone for all the words of encouragement.

[2BNTV]

There is a Schwab office in LSL and Robin Morgan is the first you see when you walk in the door. A knowledgeable and helpful person

I have been in a Schwab managed account for several years and found it to be the best thing for me. It allows me to not have to worry about my investments as there is a great diversity. I still retain my Schwab broker from CT, as he has always given me great advice. He takes the time to listen to one's goals and then advises me what is best for me, and not him. I found him to be very ethical.

Liz AnnSonders, (VP Investments at Schwab), was one of the few people who predicted the stock market downfall several years ago. I got out, when it started to free fall, and got back in, when the market starting heading up. It is now double the value, of when I jumped back in.

I realize some people, who are more knowledgeable than me, want to invest themselves. To each his/her own.

Wish you the best with your investments.

[Villages PL]

Originally Posted by 2BNTV

There is a Schwab office in LSL and Robin Morgan is the first you see when you walk in the door. A knowledgeable and helpful person

I have been in a Schwab managed account for several years and found it to be the best thing for me. It allows me to not have to worry about my investments as there is a great diversity. I still retain my Schwab broker from CT, as he has always given me great advice. He takes the time to listen to one's goals and then advises me what is best for me, and not him. I found him to be very ethical.

Liz AnnSonders, (VP Investments at Schwab), was one of the few people who predicted the stock market downfall several years ago. I got out, when it started to free fall, and got back in, when the market starting heading up. It is now double the value, of when I jumped back in.

I realize some people, who are more knowledgeable than me, want to invest themselves. To each his/her own.

Wish you the best with your investments.

Thanks, I'm glad to hear that everything is working out well for you. It's nice to hear stories like yours where someone doubles their money.

I'm very close to doubling my money (since the crash) and expect a lot more by the time this recovery is over. It wasn't because of an advisor because I've never had one in all my years of investing. It was because of a strange series of events.

I had some rather large investments in a few companies that were bought-out and taken private. So I had no choice but to take cash for my shares. My first thought was to reinvest the money in the shares of other companies. But after doing a lot of research, mostly in Valueline, I couldn't find anything that looked compelling. I couldn't see buying in to the market just to be in it. Either something looks good or it doesn't and nothing looked good to me. So I just gave up on the idea of reinvesting in the market, at least for the time being.

So I decided to park the money in CDs that were paying about 5 to 5.5%. Unfortunately, I did it the hard way. I contacted the banks myself, first in The Villages area and then, eventually, out-of-state banks. At that time, deposits were only insured up to $100,000. So I created quite a record-keeping job for myself, what with renewal notices, statements and soforth. Never again!

I suppose if it ever comes to that again, I can just get CDs through Schwab.

But here's the best part: After the market began its decline, I slowly reinvested the money back into the stock market as the CDs reached maturity. And it was a good thing they didn't all mature at the same time because the market went down more than I expected. I just kept buying bigger and bigger bargains until it hit bottom.