Basics of Investing

Archive for January, 2007

Question: what are procedures for Online Investments?

Answer: It is just about as simple as it could possibly be. You go to an on line brokerage site or an on line mutual fund site, fill out an application. Generally they are approved right there on the spot but sometimes not if your credit profile is suspect. You link your bank account to your new account or send them a check in the mail. When the funds clear you are in business. Linking the bank account is much faster, but some might have a problem with that.

Anyway, that is the easy part. The hard part is investing so that you do not suffer a loss.

Stock Investment Tips : How to Open an Online Brokerage Account