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How to invest online?
I have about $ 7000 – $ 9000 and I really want my money grow instead of being at home. I thought of putting money in the bank but the interest is not worth it. I want to learn how to invest online. I have no idea on investment. Can someone please help me. If you invest in line you have to pay a broker fee? How do you pick your stocks? What is the best place for investment? Is there a fee? Please help me, I need the basics. Thanks
If you know nothing about the investment that would be better off investing in mutual funds instead of individual stocks. There are always fees, but can be used as intermediaries Sharebuilder.com, Vanguard.com or etrade.com. Sharebuilder and vanguard are the two companies that use. These sites have sections where you can compare funds. If you are looking for something that will keep it safe / over inflation can be seen in money market funds, preferably with the FDIC (Federal Insurance Corporation in case of bankruptcy) as GMACbank.com currently has a rate of 3.5% of their local bank as well as online banks have Certificate Deposit which often have higher rates than savings, but have a limited time (6 months, 9 months, 1 year, 2 years, etc) can be helpful to obtain a consultation from a professional if you plan to invest continuously.
