Buying stocks online costs the least, but gives little advice. You are only charged a flat fee, or a percent of your purchase, for each transaction. It can be the riskiest. You obviously get little or no advice. It requires you to educate yourself thoroughly on how to invest. For this reason, it also takes the most time. It’s a good idea to review the top online trading sites before you get started. Joining an investment club gives you more information at a reasonable cost. But it takes a lot of time to meet with the other club members. They all have various levels of expertise. You may be required to pool some of your funds into a club account before investing. Again, it’s a good idea to research the better investing clubs before you get started. A full-service broker is expensive because you’ll pay higher fees. However, you get more information and recommendations. That protects you from greed and fear. You must shop around to select a good financial professional that you can trust. The Securities and Exchange Commission offers helpful tips on how to select a broker. 47715
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