Creative Technology & Gadget Blog

Choosing an Online Portfolio An online portfolio is an investing option that represents a hybrid between a mutual fund account and an online investment account. Online portfolios allow you to build a portfolio of stocks for a set fee.

Before you make a firm decision on an online brokerage service, you need to know that your broker will allow you to electronically retrieve your brokerage account statement. In other words, you want to make sure that your broker will prepare an electronic version of the monthly account statement that you can then automatically download [...]

Assume your broker charges you $30 a trade, no annual maintenance fee, and that your cash account will earn 4%. In this case, your estimated costs total: $30 * 20 trades + $0 annual fee – 4% * $25,000 = $0 net costs Clearly, then, considering costs means looking at more than just the trading [...]

Picking the best online broker for your specific situation generally involves two factors: the cost of the online broker’s services and the range of the services you need. Considering Net Investment Costs The cost of an online broker is sometimes confusing—at least at first glance. In general, your investing costs include three items