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Unformatted text preview: • CFP’s • Broker/Dealer-How to know if you are mismatched? o Bully o Not accessible o Rude o Jargon o Cannot understand paper work o Not diversified -Protections? o FDIC – insures bank depositors o SIPC insures brokerage firms o SEC registers (not approves) advisors and brokers-Trading options o Stock broker/Dealer Types • Full service (> $250,000) • Discount or phone services (know what you want and they buy or sell for you) • Online-Trade off o ETrade $9.99 o TD Ameritrade $9.99 o ScottTrade $7.00 o Fidelity $7.95 o Sharebuilder $9.95-Purchasing stock o Ordinary Share price → $$ o Sharebuilder.com $$ → Buy shares or partial shares...
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This note was uploaded on 12/01/2011 for the course HDFS 238 taught by Professor Boyce during the Fall '10 term at Michigan State University.
- Fall '10