Should I Use Sharebuilder.com To Invest?
i was looking into Apple Stock (aapl) as a beginner to invest in first. im new to investing and am not sure what would be the easiest simplest way for me to start with and learn more as i go along
i was looking into Apple Stock (aapl) as a beginner to invest in first. im new to investing and am not sure what would be the easiest simplest way for me to start with and learn more as i go along
July 1st, 2010 at 8:04 pm
It’s not a bad idea, but just because it isn’t a bad idea doesn’t make it the right thing for your to do. Each person’s financial situation is unique. Everyone has different needs and time horizons and risk tolerances.
Most people start with a simple bank account. The set up a checking account and a savings account. After they save a little nest-egg they look for a better place to invest it. Then they go to a financial institution like Charles Schwab, Fidelity, Vanguard, etc. They open a brokerage account by setting up a money market account. Then they access their account on-line to conduct their research and stock buying/selling. You may have a job where your pay check would be deposited directly into your regular bank and you can automatically transfer some funds to your brokerage account.
ING Bank sets up Sharebuilder and it does get good reviews.
http://cashmoneylife.com/2009/05/27/sharebuilder-review-online-brokerage-for-long-term-investors/
AAPL is a good long-term investment. So, I think you’re on the right track.