[ Post a Response | Beginning Investing Message Board ]
Posted by DM on 9/13/2005, 8:52 pm, in reply to "Dumb beginner question" Call several brokerages and ask for investor packages. Perhaps Mutual Funds would be a good choice for you? Fidelity allows smaller investors to buy mutual funds on a direct deposit plan (deposit into your Fidelity Account). Be sure to ask them about a ROTH or IRA account. Do you have access to a 401-(k) plan or an IRA already? You have to start somewhere, and doing what you are doing- asking questions- is a good start. Study up a bit on the subject so you will know what they are talking about when you get your questions answered. Maybe you can choose a broker based on what they tell you, how helpful they are over the phone and how informative the literature is. Keep in touch on the message board- maybe someone else has a suggestion or two?
Start with several phone calls.
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