Investing 102

[WSSix]

Originally Posted by Josh@Ridetech

Great thread that is going on here with alot of good info!

When I opened the thread, I accidentally clicked this link and it froze my browser up with some page about kidney cancer . Just thought I'd share that, lol.

Well, I guess that link is no good any more. Hope your browser thawed.

[CRCRFT78]

With the upcoming election I have been hearing a lot of speculation about what may or may not happen with our economy. People saying ammo prices will skyrocket to the economy immediately tanking if Trump gets elected. What are some of your opinions about this? Are there any actions people tend to take during election years when it comes to investing that they wouldn't normally take any other years?

[MX145]

I'm curious about this as well.

[AMSOILGUY]

I obviously could be wrong but from what I've taken from this thread is you can't control the market. Long haul investing and since NOBODY knows what's going to happen I think we should make adjustments based on fundamental changes within our holdings? WELD help us lol

[Josh@Ridetech]

Originally Posted by WSSix

Well, I guess that link is no good any more. Hope your browser thawed.

It's good to go now!

[WSSix]

Jose, I'm not worried one way or the other honestly. I'm looking at what a company is doing, period. I don't have any speculative holdings or holdings that are some how being targeted like coal was when Obama was elected, though. Maybe, if you're into alternative/green energy investments you should be a little more concerned since they are heavily subsidized and that could change. Overall, I'm not concerned with the election.

[SSLance]

It has been a while since I have seen this discussed in here and since I'm in the throws of kicking Merrill Edge to the curb, I'm curious what everyone recommends for low cost investment accounts these days?

I'm looking to transfer 2 IRA accounts and 2 Roth IRA accounts to an institution that allows dividend reinvestment with as little to none monthly or transactions costs as possible. Like most of you I don't make that many buy or sell transactions so a small transaction fee won't be a killer...but monthly maintenance and other fees will.

I also would prefer one that plays nice with Quicken for investment tracking. With Merrill Edge for instance, the monthly dividend transactions they pay on the cash balances never download into Quicken correctly and require manual entry. I also manage accounts that use TD Ameritrade for example and they download everything correctly all of the time with no manual entries ever needed.

So... Schwab, TD Ameritrade, Etrade, Scotttrade, or others... Any suggestions?

[WSSix]

I've got my Roth at Vanguard and my brokerage account is at Fidelity. Fidelity did handle my 401k but the company moved it. Both have low fees. I'm pleased with both but don't do anything involving Quicken. I do prefer Fidelity's website over Vanguard's for stock research. Luckily, I'm more active on Fidelity so it works out well in that aspect.

[ErikLS2]

I have accounts at Fidelity and Schwab, both have very low fees, good websites and top notch service. Don't know about Quicken though.

[toy71camaro]

I have a Schwab account and a Capital 1 Investor (formerly Sharebuilder) account. Neither have any fees for my brokerage account and my ROTH IRA (which is in Cap1).

Buying shares is a flat rate ($6 or $7), but if you "auto invest" (which happens at close on tuesdays i think) its like $2.