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Comment posted What is the difference between a trading account at a brokerage firm and opening an online stock account? by Reeal J.

Actually, there is no difference between opening a trading account at a brokerage firm and having an online trading account apart from in the way, which you trade. An account opened with a brokerage firm in which you can communicate to you broker via phone and tell him to place you orders at the same time. While in an online account you can place your orders yourself by going to the web site of that particular broker. The method of online account is very handy.

Reeal J also commented

• There is no absolute differences if comparing a Schwab against an Etrade…. The real difference is whether they’re a “full service broker” or not.

  Examples of “full service” are;
  Merrill Lynch
  Edward Jones
  Wachovia

  These brokers tend to have very little available on the web. Their strength is having a personal broker assigned to you. The weakness… extreamly expensive with sometimes flawed advice.

  Some on-line brokers have access to costly advice. (less costly than “full service”, such as;
  Schwab
  Fidelity

  Most “on-line” brokers offer no or little advice, but are significantly less costly;
  TD Ameritrade
  eTrade
  Scottrade
  ThinkOrSwim
  Interactive Brokers
  Tradestation
  Tradeking

  The best way to go about this is to read several books on Investing and Mutual Funds. Start with the Dummy series.

  You’ll be amazed, after 3 months to a year….. how much you’ll learn. It will save you 10’s of thousands of dollars… over a lifetime.

• There is no real difference between a trading account at a brokerage firm and opening an online stock account except in the way in which you trade. With the first mentioned account you would communicate via the telephone and place your buy and sell orders at those times. The second way you mentioned you access the broker’s website and place your buy and sell orders there: this usually costs less.

Recent comments by Reeal J

• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  Great vids but theres a breakdown in his logic.
  He says we are facing a predicament not a problem. His analogy for problem vs predicament is, hanging off a cliff is a problem and having already jumped off a cliff is a predicament.

  He then goes on at great length through these videos as to how are we are going to solve the predicament we face, ie what plans do we have for when our bodys hit the ground at 130 miles per hour.???

• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  what does he propose we do as we fall through the air to certain death? pay increased taxes? curb our lifestyles? cut our co2 emissions?reduce the population?????? what ??? hmmmm
• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  Mota, suppose just for the sake for argument, that what you just stated is what is actually necessary to fix the coming problems. It must be done.
• Crash Course: Chapter 19 – Future Shock by Chris Martenson
  That is point. He is not saying we are facing a coming problem. he is saying we are in a unsolveable prediciment.

  If we are in a prediciment there is no solution, according to him .

• What is the best and safest way to leverage an investment and gold or silver ? I do not know how to trade ?
  the selver is more risk and more profit.
  you must have an equity to protect your trade

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