If you’re forced to use an online broker that won’t let you automatically download account transactions into your record-keeping system, you need to perform this record-keeping manually. Again, let us say that if at all possible you want to avoid this work especially if you’re actively buying and selling securities. Read the rest of this entry »
Keeping Manual Investment Records
Posted: 26th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investment, Keeping, Manual, Records
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Record-Keeping for Online Investing
Posted: 22nd January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investing, Keeping, Online, Record
In order to keep records of your online investing activities, you’ll need to get a personal record-keeping program such as Quicken or Microsoft Money. Both programs work well, but Quicken is the more popular and more powerful tool, so we’ll discuss how record-keeping works with Quicken. Read the rest of this entry »
Resources for Online Investors
Posted: 18th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investors, Online, Resources
As mentioned throughout this book, the Internet gives you access to a plethora of online resources useful for performing investment research and making better investment decisions. No list of online investing resources can ever be complete—and if it was complete. Read the rest of this entry »
How Online Investing Works Part (6)
Posted: 14th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investing, Online, Works
8. Indicate the duration of the order.
Select an entry from the Duration drop-down list box. Day means the order is good for a day, and GTC, which stands for “good ’til canceled,” means that the order stays outstanding until either it’s executed or you cancel it. After you have described in detail an order you want to place, click a Send, Place, or Pre-Submit button. Shows a Pre-Submit button. The online brokerage service then displays a confirmation window that describes your order. Read the rest of this entry »
How Online Investing Works Part (5)
Posted: 10th January 2012 by Angelina in broker, Internet, investor, Online InvestingTags: Investing, Online, Works
If you set a stop order on a sell, the stop price is the price at which the market price needs to move past for your order to be placed and hopefully processed.
6. Identify which account you will use for funds.
Select an account type from the Account Type drop-down list box. For example, if you’re buying Read the rest of this entry »