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freakshow · 08-11-2006, 08:03 PM

i'm a total n00b at this, but i wanna start getting into it, and i've been trying to do a bit of reading..
a couple of things...

1) I think I know the difference between a margin account and a cash account, but which one should I go for? i read on fool.com that cash is best (or most recommended at least), but i hear other people saying margin is better.

2) There are tons of brokers to go through. I have a bank account and credit card with TD. Should i use TD waterhouse as well? their prices seem to be more than other sites. i think they're about 29 per trade. ws6ta, you get them at $10?
or should i go through another site like ameritrade or etrade? would it be worth the convenience to go with td? or will it make a difference on who i go with?

08-11-2006, 08:03 PM	#105
freakshow nuggets mod Join Date: Feb 2002 Location: richmond Posts: 7,075 Thanked 3,962 Times in 996 Posts Failed 178 Times in 60 Posts	i'm a total n00b at this, but i wanna start getting into it, and i've been trying to do a bit of reading.. a couple of things... 1) I think I know the difference between a margin account and a cash account, but which one should I go for? i read on fool.com that cash is best (or most recommended at least), but i hear other people saying margin is better. 2) There are tons of brokers to go through. I have a bank account and credit card with TD. Should i use TD waterhouse as well? their prices seem to be more than other sites. i think they're about 29 per trade. ws6ta, you get them at $10? or should i go through another site like ameritrade or etrade? would it be worth the convenience to go with td? or will it make a difference on who i go with? __________________ I searched for truth, and all I found was You Last edited by freakshow; 08-11-2006 at 08:03 PM.