okay im by know means a pro at this but i have been watching and waiting for this to happen for awhile now. im going to wait a few days for it to drop lower and then im going to buy.....this will be my first purchase on my own (i have a stake in SAIFX, but someone in my family set it up). im younger and am not wealthy by any means. im looking to drop around 1k. where do i go what do i do? im interested in buying and holding for long term. i dont want to get eaten alive in commision and all that jazz cuz i dont have a ton of money to start with. so whats the next step???? online? broker? wait till i have more cash?
Set up an account with an online broker like TD Ameritrade, just contact them and they will send you all of the necessary forms. (You may be able to even get them from their website)
$1,000 is not a lot to start with but it's not bad. TD Ameritrade only charges something like $9.99 per trade, you may be able to find something cheaper elsewhere.
Good luck with all of your trades.
$1,000 is not a lot to start with but it's not bad. TD Ameritrade only charges something like $9.99 per trade, you may be able to find something cheaper elsewhere.
Good luck with all of your trades.
