Where can I get the best information on investing options for free?
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Answer:
You know the best thing to do with investing? Do paper trading first, until you get the hang of it. Don't take anyone's advice either. Have you ever tried commodity option trading? It is simple to do. Find several brokerage houses online, call them, or email them with questions. They will be happy to help you.
The way to do it for free is to educate yourself so that you are not paying for someone else to manage it for you. The best person to look after your money is you, provided you learn about it. If you do get someone to manage it for you, check out their credentials are they properly qualified ect. You know what they say about taking free advice... It's usually worth nothing. Especially true when coming from someone who really doesn't know
You can try the following sites;
moneycontrol.com
indiainfoline.com
sharekhan.com
indiatimes.com
capitalmarket.com
bseindia.com
Put the money in a 529 education plan for your 6 year old.
Vanguard has one of the lowest fees anywhere.
Don't bother going thru a middle man. You are paying for their salary.
Buy directly from Vanguard.com or T. Rowe Price.
If you want to save on fee, buy an index fund.
In an index fund, the manager is not really needed because they are just buying and selling the same stock that's in the index created by a financial firm.
Management fees are less than .5% compare to those that's actively managed by a manager for 1.5%. That means the manager has to make an extra 1% to beat the index. If you do a research, most fund managers can't beat the index in the long run like 5 to 10 years.
Don't ever buy anything from banks except CDs and banking.
They are middle man for insurance and investment.
It's like eating Chinese food at an American restaurant. They just don't taste like Chinese.
You can even call Vanguard to get advice on your investment.
Personally, I prefer to invest internationally with some commodities like gold and oil.
Good Luck.
I invested in aid4families.com about a yr ago and I have no complaints. I receive my interest in monthly payments but there are other program options which allow for compounded interest. This company offers the highest APY around. Visit the site and check it out for yourself.
www.aid4families.com
Options are not for you.
I can manage your brokerage account for FREE.
I am a Portfolio Manager with over a decade of experience in the Stock Market.
Start with consumer advocate Clark Howard. He has webpage a www.clarkhoward.com.
See his recommendations for a 529 plan for college education.
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