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Online broker

  • 01-11-2014 6:03am
    #1
    Registered Users, Registered Users 2 Posts: 31


    Anybody any experience with firsttrade dot com? You dont need any minimum initial deposit and its pricing seems very reasonable.

    Thinking of regularly investing into VTSMX.

    Any advice welcome or better options.

    Thanks


Comments

  • Closed Accounts Posts: 106 ✭✭syntheticjunk


    Mbtrading looks even cheaper.
    If you going to invest regularly into VTSMX - you shouldn't worry about minimum deposit. 100 shares will cost you 2500 in margin account. Unless you going to buy small number of shares. When it's a different story.


  • Registered Users, Registered Users 2 Posts: 31 vgrainge


    Thanks for the reply..

    Long term, Im planning on investing 10k into VTSAX, 3K into VGTSX and probably 3k into VBMFX to try and diversify abit. Will plan on adding to these three each year. Expenses are low on these from what i can see and historical a good return

    Currently have a large holding of tech. shares so planning on selling some of these and buying some energy (coal/oil) shares and maybe some gold! Plan would be to buy and hold these also.

    Firsttrade looks like a good platfrom for what im trying to do and keep costs down.


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