Ameritrade Online

Just opened an online account w/TD Ameritrade. Decent way to save?

My thinking is really of this account being a form of savings while having the money trying to make a decent/good profit as well. In just a few days I’ve made back the money it cost’s just to trade (9.99). I guess my question is does this seem like a good mode of saving given that any purchase or trade costs $9.99. Any experience with this?
Thanks everyone. It’s not my primary savings, just a secondary thing so it’s not critical. I just thought I would grab a few ideas.

It depends a lot on how you use the account whether it will prove a good mode of saving or not. If you use it in an attempt to make short term trading profits, it may prove to be not a very good way. In fact you may wind up loosing a great deal of money. If however you use it to purchase long term holdings in stocks that have potential to grow then yes indeed it can provided you can manage to survive through the occasional market down turn when you will watch your portfolio loose maybe 1/3 to 1/2 its value.

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