EZ Investing for the Stock Market Newbie

While stocks are back under 10,000, history still shows that the stock market is the best long-term investment opportunity out there. But it is hard for young investors to get started in the market, where most online stock-buying services require high initial investments (as high as $10,000) and prohibitive fees. So most of us under 30 wind up doing most of our early investing in Savings Accounts and CDs which are returning almost no interest these days. What is a young investor to do?







I highly recommend BUY & HOLD.Com a relatively new service out there specifically designed for the young investor. For a $6.99 per month fee, investors get two free trades per month (i.e. no cost to buy or sell, aside from the cost of the stock itself). After that, each trade costs $2.99 in addition to the cost of the stock. The idea is that this allows investors to buy small amounts of stock each month and keep it for the long-term. I have been using the service for about 6 months now, and have nothing but good things to say about it. The stock market itself is not reacting well to the current Iraq news, but we should be back above 10,000 in no time.