Internet Brokers have existed since the creation of the internet, but in a much different form than we see today. Only the mega rich had any use for them as the transaction fees were astronomical and the lot sizes had to be huge. If any novice investor such as a college student wanted to purchase some stock, they had to call up a broker and make the order
Fast forward a decade to today’s busy work where anyone can trade stocks – even babies as E-trade has advertised. The influx of brokers and investors (the average Joe’s to the Wall Street Kings) have created a system where everyone can simply log on and trade live any amount and lot size all for a small transaction fee under $10. This system has turned the markets into something that is no longer distant and only for the super wealthy.
Plug into a broker today and start your investing career:
www.etrade.com - www.sogotrade.com – www.tdameritrade.com – www.vanguard.com
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