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With a somewhat longer term horizon, I would use SSF & avoid stocks as much
as possible. Provided your friend is comfortable with money & risk
management, and always has stops, SSF is a vast improvement. No margin
interest to worry about, higher leverage.. only downside is a spread of
about 3 - 10 cents, which makes it tough to daytrade for smaller profit, but
that's not an issue here. IB (interactivebrokers.com) would let you do per
side for $1. Most big name stocks has futures trading on them in nqlx &
onechicago.
----- Original Message -----
From: "RB" <rhodes@xxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, February 21, 2004 6:35 PM
Subject: investing-trading
>
> I have a friend who wants to know what is the best, lowest cost ways to
> invest-trade the stock market. This would NOT be any daytrading, really
> not much trading at all, but he will keep an eye on things and may want to
> move in and out at times in the future, but deffinately not a lot of
> trading.
> He asked about Mutual funds, Index funds, Exchange Traded funds. He
wanted
> to know which had the lowest cost, fees, commissions etc.
> Also any other suggestions on this?
> Any comparisons on the abouve as far as cost, brokers, fees, commissions,
> etc.
> What do you use and like?
> What would you recommend?
> Which brokers?
>
> Any info about any of the above would be very helpful.
>
> Thanks,
>
>
>
>
>
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