I want to buy stock in a company because of the medical research they are doing. The stock is very inexpensive. I don't have a lot to invest so I don't want to pay a large broker fee. What is the least expensive way to purchase stock?
How do I buy stock and pay the lowest broker fee possible?
Creat an account with sogoinvest.com I think the first 90 days are free and after that they are as low as 1.50 per trade.
Reply:Ah yes... the number one mistake(s) of new investors;
Invest in only one or two companies.
Invest in "penny stocks".
Investing when they really don't understand investing.
Not having an "asset allocation".
Most brokers charging less than $9 are not good for newbies. Please re-think your approach.
After you educate yourself, consider;
Charles Schwab
or
Fidelity Brokerage
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