|
|
| Choosing Financial Institutions |
- Savings and Cash Instruments
- Brokerages: Stocks, Bonds, Mutual Funds
- Things to consider
- Value of your Time:
- Keep the number of institutions you use to a minimum
- What level of help do you need? The more help, the more you will pay for it
- Transaction Costs and fund fees
- Unless you are a perpetual trader, if trade fees are around $12 or less, donĀ?t make that your top criteria
- By having several accounts with the same broker you can more quickly reach fund fee breakpoints (lower percentage fees on mutual funds)
- Reliability of Institution
- Popular Lower Cost Brokerages (buy, sell stocks, mutual funds) in alpha order:
- How Do Others Rate these Institutions
|
|
