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Need Help.... Im new to the stock market

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Views: 317
Posts: 8
 
Veteran
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Joined: Jan, 2004
Posts: 2394
Posted: #1
I just opened an account with TD waterhouse
kind of expensive to buy/sell with them $30.00
just curious as i would like to dip into the Canadian and American market what stocks you would recommend?

I have heard about Gold, Oil and my bro in law is in love with Citi bank
any tip's?
 
Legend
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Joined: Dec, 2001
Posts: 85256
Posted: #2
I just opened an account with TD waterhouse
 
I'm sure you can do better than $30 trades in Canada. here in the states the online brokers are all $10 or less.
 
as for a recommendation, DON'T listen to your brother in law. Citi SUCKS and could very well end up being nationalized before it's all over.
 
Veteran
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Joined: Apr, 2000
Posts: 3221
Posted: #3
citi is a dog....stay away
 
Covers Linesmen
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Joined: Oct, 2005
Posts: 66698
Posted: #4
 put your money under a mattress...and dont buy any financials
 
All-Star
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Joined: Mar, 2006
Posts: 14715
Posted: #5
the only way to make money these days is to invest in a gun and rob booze stores
 
Captain
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Joined: Feb, 2007
Posts: 5527
Posted: #6
Before you do anything at all,

You must determine how much risk you are willing to take. All subsequent decisions will be based on this.

 
Banned
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Joined: Sep, 2006
Posts: 5567
Posted: #7
Quote Originally Posted by rick3117:

the only way to make money these days is to invest in a gun and rob booze stores

and pretty soon, you will need a gun to protect your home, family and valuables. If you don't have one, go get one now before Obama makes it illegal to sell them.

Homegrown...I use Scottrade who charges 7 bucks a trade, slightly more on options trades. I've never had any problems with them. If I request a check from my account, they send it out right away and it arrives within two days.

 
 
All-Star
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Joined: Mar, 2006
Posts: 14715
Posted: #8
check out thinkorswim,  I am switching everything I have over to them, and opening a forex account with them as well.   I believe that they were just bought by Ameritrade, but they are keeping their platform which includes some of the best software I have seen. 
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