Investments under $1,000. (Ask B.E.).Q A I live in Atlanta Live in Atlanta is the first DVD release of the German power metal band Savage Circus. It was recorded at the ProgPower USA festival in Atlanta on September 15, 2006. The release also includes a roadmovie. The DVD was released on February 23, 2007 by Dockyard 1. , in my mid- mid- pref. Middle: midbrain. 20s, and teach for a living. Although I am invested in my 401(k) plan at work, I am concerned about my future and would like to develop some form of investment portfolio, I've been to a few investment Websites, but all of them want a minimum of $2,500 to get started. That's over my budget. Are there any firms with which I could start a portfolio with just $500 to $1,000? --C. Harris Atlanta There are a number of firms that will allow you to start a portfolio with $500 to $1,000 (see "investing 201," this issue). The thing to remember is that each will provide differing levels of services and charge a variety of fees. Be sure to choose a provider that meets your needs. Unfortunately, many of the firms that accept low minimums to start an account have additional fees and low-quality services that make them less of a bargain. You may want to try one of the following: BuyandHold.com, which has no account minimum and allows you to purchase as little as $20 worth of a stock; Scottrade (www.scottrade.com) has a $500 minimum. The site offers more than 7,000 mutual funds and regular stock trading for lower fees than most online brokerages. The firm also has 140 branches nationally if you want to speak to a real person; TD Waterhouse TD Waterhouse is the brand used for both British and Canadian brokerages within the TD Bank Financial Group. The brand originated as a United States brand for discount brokerage when TD purchased Waterhouse Securities. (www.tdwater house, ca) has a $1,000 minimum and fees of up to $15 for stock trades. It also has 170 branches nationally. Sharebuilder.com, which you can access at blackenterprise.com, has no minimum to start, and allows you to make real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. trades for $15,95. Mail your finance questions to Ask B.E., BLACK ENTERPRISE, 130 Fifth Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent ., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10011, or send an e-mail to scottm@blackenterprise.com |
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