Beginner Investing/invest in satelite radio
Expert: Paul Henneman - 12/31/2006
QuestionHow and where do you invest in this stock. Thank you
AnswerJames,
Thank you for your question! This is a very large topic, there are many places you can go to invest the stock. From your question, it appears that you already know what stock you want to invest in, Satellite Radio. If this is the case, the easiest and least expensive way to buy stock is to open a trading account at an online service. Some of the ones that I like are www.Scottrade.com, www.Foliofn.com, and www.tdameritrade.com
They have the full information on their websites, fill out the forms, and transfer money into the account. You can then log in at any time to buy stocks, view the performance of the stocks you own, add money, or sell stocks and withdraw the funds. There are fees each time you purchase a stock, ranging from a few dollars to fifteen or more dollars per trade depending upon the service. www.FOLIOfn.com is probably the cheapest of the services I mention, but www.Scottrade.com offers much better service and functionality for a little bit more in cost.
I hope this helps! Please do not hesitate to follow up with me if I can be of any additional service,
Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com