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Internet Tips & Tricks  

By MARK DAVIS

General Manager, CommSpeed Internet Service

Vice President, Prescott Computer Society 

  Visit the Computer Society Website
  www.prescottcomputersociety.org

Online Investing

Millions of people are now going online to research specific stocks, check past performance data on mutual funds, transfer funds from one account to another and make revisions to their IRA investment portfolio. The most talked about change related to personal finances and the Internet, however, has to do with online investing.

May people are investing at least a portion of their savings through online brokerage firms - either with or without the assistance of a financial advisor.

So, why the sudden increase in online investing.

It's Cheap and convenient.  Over the past year, many online brokerage firms have reduced their fees to $10 or less per transaction. This is much less expensive than the fees of traditional, offline brokerage firms. Convenience is also an obvious benefit.  You can manage your investments from the comfort of your home anytime day or night.

The Internet provides access to thousands of websites that contain financial-related information on stocks, bonds, banking, tax issues, mutual funds, annual reports, expert commentaries, and more. Much of this information used to be available only to professional investment planners or brokerage firms.

Are you ready to look at giving online investing a try?  Or, maybe you simply want to learn more about personal finance and investment opportunities. Check out this list of helpful websites below ... and start taking control of your money!
 
   www.moneycentral.com
   www.better-investing.org
   www.quicken.com
   http://finance.yahoo.com
   www.fool.com 

   www.datek.com
   www.fidelity.com
   www.ameritrade.com
   www.schwab.com
   www.etrade.com
   www.fundalarm.com
   www.thestreet.com

Quote for the day:
Money is better than poverty, if only for financial reasons.
Woody Allen (1935 - )

NEXT:  Using Your Credit Card Online

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