| The goal of any investor is to make as much money | | | | than you are. Your request gets placed on a to do |
| as they can with their investments. Therefore it | | | | list and depending on how busy the broker is at that |
| always confuses me when people are willing to pay | | | | time, your trade could take a long time to take place. |
| such outrageous fees to make a single trade. | | | | Obviously, many changes in the price of the stock, |
| Investing online is the best way to combat this. | | | | value of the fund, or anything can change. |
| There are four main benefits to using online | | | | 3) Investing after hours. You are not limited to |
| investment websites. | | | | regular business hours when you have an online |
| 1) Saving money. Investing online is much cheaper | | | | investment broker. If inspiration strikes you at three |
| than trading through your broker. The average cost | | | | in the morning, you have the ability to make the |
| of an online transaction is about ten dollars, often | | | | trade or investment right then and there. |
| less. You could pay up to $60 per trade with some | | | | 4) Research tools. Many of the online brokers like |
| brokerage houses. | | | | Ameritrade offer their users many fantastic research |
| 2) Speed of the transaction. How many of us have | | | | tools that make investing easier. Often, these tools |
| experienced the "broker delay?" The broker delay is | | | | are provided at little or no charge to the investor. |
| when you request a trade to be performed and it | | | | Any advice that a regular broker will give you will |
| takes several hours to several days, or even longer, | | | | cost you a lot of money and the truth is, the advice |
| for the trade to take place. The broker has other | | | | is usually scripted and geared toward moving specific |
| clients, and many are more important to him or her | | | | stock. |