Derek Clark Derek Clark is a software designer and personal finance blogger who lives with his wife in Middle Tennessee. He likes to bowling, golfing, reading, playing softball, shooting, and talking about politics or personal finance. You can read more from Derek at Christian Common Cents.
There once was a time when you had to go through a brick-and-mortar broker to invest in the stock market. This broker would charge you exorbitant commissions on simple trades that might not get executed for hours or longer.
But with the advent of online discount brokers, not only have rates become much more competitive, but the trading process has become much simpler and more convenient.
One of the most popular discount brokers out there is Interactive Brokers. Let’s take a look at the features, pros, and cons of this online trading website in order to decide if it’s the right option for your investing purposes.
What is diversification and why should you care about it?
Essentially, diversification is not putting all of your eggs in one basket when it comes to investing. There are several ways to look at it, but the key is that you are investing in different types of assets. That can mean investing in different asset classes as well as having a variety of types of stocks.
Black Friday is just around the corner and that means it’s time to think about that Christmas budget again. Who do you have to buy for and how much are you going to spend on each person? With the economy in the shape it is currently in, many budgets are smaller this year than in the past.
One hot item this season is the Xbox Kinect. The big question is whether the Xbox Kinect is worth your hard-earned money for that “gamer” on your gift list. Well, let’s get right to answering that question!
The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.
Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.