Etrade Tdameritrade

I do not understand stocks and tradeing. Can someone explain?

I do not understand very well how to invest. I looked site and eTrade tdameritrade. But it seems to me that you need a min. 2.000 to 1.000 or even open an account. Like most people that we meet pay check to pay check, so it's not even a possiablity. I have about 100 dollars to invest and open an account the first time. Is it even possiable to do? If yes, where? Or did I not fully understand the fine print on these sites?

For someone who did not have much money, a fund company U.S. mutual funds is one of the very best options. You need $ 250 to start, but after that you can invest $ 25 at the time. They have an excellent record. Here is the link to their site. http://www.americanfunds.com/funds/returns/alphabetically.htm my favorite of their cash income Fund of America. Nearly a 10% annual return. American Funds is called front loaded. This means they charge a fee of 5.25% of sales. This may sound bad, but really it is not so bad, because you might be invest only $ 25 at the time. Income can be reinvested without sales charges. The very low investment initiial makes it ideal for small investors. Save up to $ 250 for the first investment and on a regular monthly basis to send $ 25 or $ 50 more. I Can not recommend a better way to start investing. But you should be aware that your investment could possibly loose value over the shortly. During the long historical period, they are well behaved.

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