Gone are the days when trading stocks required getting on the phone and yelling, “Buy, buy, buy!” and “Sell, sell, sell!” Thanks to the magic of mobile apps, you can quickly master the stock market with a few swipes on your cellphone instead of screaming yourself into a frenzy.
Here at Investor Junkie, we talk all the time about the best ways you can build and protect your retirement nest egg. But did you know there are useful — and free — tools that can help you know just what you’ll need for your golden years?
You’ve seen the ads for online brokerage firms, bragging about their low fees, user-friendly trading tools, stock screeners and so on. How do you choose?
We’ve been hearing a lot in recent years about data breaches and online security threats. It often seems as if anytime we go online we’re stepping into a “cyber haunted house.” Now, that may be more than a little bit of an exaggeration, but it does make you wonder if it’s safe to trade stocks online. After all, if you’re a regular trader, you’re putting yourself at risk every time you go online to make a trade.
Most people invest in stocks through either mutual funds or exchange-traded funds (ETFs). That’s usually the right strategy, because picking winning stocks requires both time and knowledge. Unless you work in the investment industry, both are likely to be in short supply. However, what if you’re heavily invested in funds but are thinking of taking a plunge into individual stocks? If you’re invested only in funds, branching into stocks can be a real education. Or more to the point, education is what you’ll need to make it work!
Did you see the movie The Big Short? Based on a true story, it told the story of what happened when several hedge fund managers, investors and one bank salesman shorted the subprime mortgage market.
Bank of America’s Merrill Edge currently has one promotion. If you qualify, it’s possible to get up to $600 in cash with this offer. For more information about Merrill Edge, check out our review.
A Dividend Aristocrat isn’t a rich snob from the days before the French Revolution. The 2018 S&P 500 Dividend Aristocrats list is made up of 53 companies that have increased dividends (not just remained the same) for 25 years straight. Keep in mind, just because they are on this list now doesn’t mean in the future they will be forced to reduce their dividend.
You already do practically everything over the internet — from ordering pizza to renewing your driver’s license. So why aren’t you using an online stock broker too?
When opening a new investing account, it often seems easier just to stick with your existing online broker — even if you’re dissatisfied with the fees or customer service. Many investors believe that transferring brokers is difficult. But it doesn’t have to be. Here’s how to transfer your account without tearing your hair out in the process.