Every broker gives you the option to invest in stocks but it's equally important to find out the extras that each company offers. Do they have a bank attached? Do they offer free DRIPs?
Those that offer investing tools should be given a first look. These online tools can help you identify and cross check your portfolio for weakness and help you improve on your strategies.
No one will think of credit cards when they pick a stock broker but some will give you a 2% cash back credit card which is the best in the world. Imagine that everything you buy from now on will be 2% off. Sweet right?
You might be able to do bill pay with your balance. The great thing about it is that even margin accounts are eligible, so you can always temporary borrow money at a relatively low rate to pay your bills.
The higher end brokers are adding security by offering a security token. The physical token updates its pin to make sure that you actually own the token when you are logging in.
ATM cards from brokers are great because they don't charge you any fees for withdrawal no matter where you take money out. In fact, they will give you money to compensate for the fact that other ATMs will charge you.
The brokerage firms with physical branches usually are the ones with better customer service as well. You will be happy to know that in case you have any problems and the lines are jam full or something, you can at least drive to the branch and talk to someone.
Reinvesting your dividends are a great way to build your investment portfolio but some unreasonable broker will charge you every time they purchase those stocks for you.
Several brokers are integrating a bank with their offering so customers can earn a high yield when their cash isn't used to buy any investments. This is a great option for those that always have a high cash position. - 29970
Those that offer investing tools should be given a first look. These online tools can help you identify and cross check your portfolio for weakness and help you improve on your strategies.
No one will think of credit cards when they pick a stock broker but some will give you a 2% cash back credit card which is the best in the world. Imagine that everything you buy from now on will be 2% off. Sweet right?
You might be able to do bill pay with your balance. The great thing about it is that even margin accounts are eligible, so you can always temporary borrow money at a relatively low rate to pay your bills.
The higher end brokers are adding security by offering a security token. The physical token updates its pin to make sure that you actually own the token when you are logging in.
ATM cards from brokers are great because they don't charge you any fees for withdrawal no matter where you take money out. In fact, they will give you money to compensate for the fact that other ATMs will charge you.
The brokerage firms with physical branches usually are the ones with better customer service as well. You will be happy to know that in case you have any problems and the lines are jam full or something, you can at least drive to the branch and talk to someone.
Reinvesting your dividends are a great way to build your investment portfolio but some unreasonable broker will charge you every time they purchase those stocks for you.
Several brokers are integrating a bank with their offering so customers can earn a high yield when their cash isn't used to buy any investments. This is a great option for those that always have a high cash position. - 29970
About the Author:
Lending Club offers a new way to invest your money. The returns are good but it's different so do your due diligence before you commit.
