What's your favorite investment company?

Eeezee

Diamond Member
Jul 23, 2005
9,922
0
76
I'm using this to help me decide which company I should start my Roth IRA in. Help out the younger generations, ATOT! We're lost and confused!
 

erub

Diamond Member
Jun 21, 2000
5,481
0
0
I have Vanguard for my Roth IRA, and Ameritrade for my play stocks..both seem to work fairly well. When I was signing up for a brokerage a few months back E-Trade's rates seemed too misleading.
 

BigJelly

Golden Member
Mar 7, 2002
1,717
0
0
Fidelity:

Great funds and research and they aren't going away any time soon

Only down side is $19.95/trade on stocks--but I don't buy stocks in my IRA. You can search "No Load Mutual Funds" so you can find and buy mutual funds that you don't have to pay for a trade ($75/trade on "Loaded" funds).

Another factor is compare the companies target date funds if you are going that route ;):

Link

Looks like T. Rowe Price Group and Fidelity lead the pack.

I just checked my fidelity account:

You can buy T. Rowe target date funds with a $75/trade fee.
Fidelity's funds are No Load Funds (with a fidelity account) so no fee.
 

Slew Foot

Lifer
Sep 22, 2005
12,379
96
86
Fidelity. Solid company with great funds. $8 trades for me, with options trading at 75 cents per contract.
 

Ballatician

Golden Member
Dec 6, 2007
1,985
0
0
I'm young too and just recently started a Schwab High Yield Investor Checking Account. I like it because there are absolutely no fees to maintain your checking or your investor accounts and you get a great interest rate (4%).

I think stock trades are around 8.95 but not sure.
 

DaveSimmons

Elite Member
Aug 12, 2001
40,730
670
126
Vanguard for retirement funds because their main focus has always been on index mutual funds. Fidelity comes in second for me because they are just following Vanguard's leadership in shifting away from actively managed (stock-picker) funds.
 

TheoPetro

Banned
Nov 30, 2004
3,499
1
0
I have only ever used ameritrade but after the etrade fiasco settles down a bit I may open an account there too just for their tools.
 

ponyo

Lifer
Feb 14, 2002
19,688
2,810
126
If I were to do the Roth, I would open a Vanguard account and buy one of their target retirement fund and forget about it.
 

Pliablemoose

Lifer
Oct 11, 1999
25,195
0
56
I've used e*Trade for years, if I was to start over, I'd likely go with Ameritrade, mostly because I'm so goddamn tired of the stupid CEO's eTrade hires and the retarded messages I have to look at when I'm checking my accounts.

I've used Scottrade in the past & gotten horrible service trying to get tax information from them. eTrade seems to have a fair share of morons working there too, it took months to get my rollover IRA rolled over.

The final fax I sent them (eTrade when I was trying to get my rollover IRA funds transferred) was headed: "To anyone in your office capable of reading & following simple instructions"
 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
Originally posted by: BigJelly
Fidelity:

Great funds and research and they aren't going away any time soon

Only down side is $19.95/trade on stocks--but I don't buy stocks in my IRA. You can search "No Load Mutual Funds" so you can find and buy mutual funds that you don't have to pay for a trade ($75/trade on "Loaded" funds).

Another factor is compare the companies target date funds if you are going that route ;):

Link

Looks like T. Rowe Price Group and Fidelity lead the pack.

I just checked my fidelity account:

You can buy T. Rowe target date funds with a $75/trade fee.
Fidelity's funds are No Load Funds (with a fidelity account) so no fee.

Meh...They didn't even compare Vanguard.

Fidelity charges that $75 fee to buy any fund outside their network.
T. Rowe Price has nothing to do with the $75 fee you're being charged for.

If you were to buy a Vanguard fund, or any fund from any other company besides Fidelity; you'll be charged the same $75 fee.
 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
BTW...

I use Scottrade(nothing beats $7/trade) for my mom's taxable account on stocks and Zecco(no commission provided you follow certain rules) for my mom's taxable account on mutual/index funds I want to buy outside Vanguard.

I have my mom's IRA with Vanguard.
 

Slew Foot

Lifer
Sep 22, 2005
12,379
96
86
Originally posted by: Lothar
Originally posted by: BigJelly
Fidelity:

Great funds and research and they aren't going away any time soon

Only down side is $19.95/trade on stocks--but I don't buy stocks in my IRA. You can search "No Load Mutual Funds" so you can find and buy mutual funds that you don't have to pay for a trade ($75/trade on "Loaded" funds).

Another factor is compare the companies target date funds if you are going that route ;):

Link

Looks like T. Rowe Price Group and Fidelity lead the pack.

I just checked my fidelity account:

You can buy T. Rowe target date funds with a $75/trade fee.
Fidelity's funds are No Load Funds (with a fidelity account) so no fee.

Meh...They didn't even compare Vanguard.

Fidelity charges that $75 fee to buy any fund outside their network.
T. Rowe Price has nothing to do with the $75 fee you're being charged for.

If you were to buy a Vanguard fund, or any fund from any other company besides Fidelity; you'll be charged the same $75 fee.

Not true, Fidelity doesnt charge fees for their own funds as well as funds from a bunch of different companies, I dont have the list with me, but its about 20 or so, I usually pick my own stocks for the most part though, aside from some sector funds.

 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
Originally posted by: Slew Foot
Originally posted by: Lothar
Originally posted by: BigJelly
Fidelity:

Great funds and research and they aren't going away any time soon

Only down side is $19.95/trade on stocks--but I don't buy stocks in my IRA. You can search "No Load Mutual Funds" so you can find and buy mutual funds that you don't have to pay for a trade ($75/trade on "Loaded" funds).

Another factor is compare the companies target date funds if you are going that route ;):

Link

Looks like T. Rowe Price Group and Fidelity lead the pack.

I just checked my fidelity account:

You can buy T. Rowe target date funds with a $75/trade fee.
Fidelity's funds are No Load Funds (with a fidelity account) so no fee.

Meh...They didn't even compare Vanguard.

Fidelity charges that $75 fee to buy any fund outside their network.
T. Rowe Price has nothing to do with the $75 fee you're being charged for.

If you were to buy a Vanguard fund, or any fund from any other company besides Fidelity; you'll be charged the same $75 fee.

Not true, Fidelity doesnt charge fees for their own funds as well as funds from a bunch of different companies, I dont have the list with me, but its about 20 or so, I usually pick my own stocks for the most part though, aside from some sector funds.

http://forums.anandtech.com/me...eadid=2051171#26535302
My source is in my earlier post there.

They didn't seem to go as much indepth in the July '07 version compared to July '06 in my link above.
http://www.smartmoney.com/brok...x.cfm?story=august2007