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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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jncraig
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| 09/19/2006 1:30 PM |
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| Cisco Systems, Inc., ticker symbol CSCO on the NASDAQ, is a large company based on FY2005 revenues of $24.801 billion. It is in the Communications Equipment industry.
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LOIS FLETCHER
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| 02/16/2007 1:22 PM |
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Hi Joe,
My club tried to purchase Cisco on our own but was told we had to go thru brokerage firm> We were trying to keep just one account but now it looks like we will have to open up an another account to purchase stocks.
Lois
Cutting Edge Investment Club
Los Angeles |
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Joe Craig
Ellicott City, MD
StockCentral Administrator
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| 02/16/2007 5:04 PM |
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Lois,
Brokerage fees are pretty low these days. My club used TDAmeritrade - trades cost about $10.
There are also some other services that charge an even lower fee because they use "window" trades to minimize their costs. You might want to take a look at:
sharebuilder.com
foliofn.com
mystockfund.com
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Joe |
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Miles Raymond
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| 04/25/2007 10:09 PM |
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| Our stock club has been using scottrade for the low fees, but are disappointed that they don't reinvest dividends. Do these three companies reinvest dividends? (not that our investment in Cisco yeilds dividends!) |
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armin fields
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| 05/03/2007 6:48 PM |
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I just transferred to TD Ameritrade-izone which charges $5.00 per trade, has lots of free research identical to regular TD Ameritrade, and has dividend reinvesting.
At izone, everything must be done electronically, even the deposit of money. That means customers can not send checks, but would have to deposit checks in a bank account and then transfer the money by ACH (electronic transfer, usually free) or by bank wire (usually costs).
Investment clubs need to ask if they can deposit money monthly via ACH with no charge by izone (or how many free ACH transfers do they get). You can ask your questions and check out the website at: www.izone.com
Armin Fields |
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Armin Fields
check out my SSG blog at
http://arminfields.wordpress.com |
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