Stock Markets Exposed
Stock Market Investing for a Dummy?
roughly,how much money do I have to pay a stock broker?and also is it possible to lose 100% or more of the money I invest?
Public Comments
- as far as stocks if you go online they have $7 trades, mutual funds charge their own fees in addition. brokerages have it set up pretty good so you wont blow more than your original sum..if you trade on margin they cut you off at a 50% loss usually.
- A full cost stock broker can charge up to 40% commission on a trade, so avoid them. I would go with an on-line brokerage where the commission costs per trade are much lower. Scottrade on charges $7.00. Yes, it is entirely possible to lose all your money. So, know what you are doing before you start investing in individual stocks.
