Do you recall the days when you needed to call up a stockbroker in order to make a stock trade?
And you needed to make the trade in a “round lot” (you had to buy 100 shares)? Did I just date myself?
Thanks to the internet that’s no longer the case and it’s easy for anyone to invest in stocks with an online brokerage (like, you can do it on your smartphone easy). And not only is it easy but it won’t cost you an arm and a leg to get started.
“So which account do I open,” you ask?
There are a number of places to go these days thanks to the rise of online trading and brokerages. I want to make sure you find one that works well for you.
I’m going to tell you about some great brokerages but I want you to first understand what you should look for before you open up an online brokerage account.