Net Assets: Online Investing Tips

In this day and age most of us think nothing of conducting business, even personal business online, and yet, some of us may be (somewhat) leery of conducting personal and financial business via the net, especially when it comes to procurring investments.

However, experts assert that if you’re confident about taking charge of making your own investment, you may just find online trading a welcome alternative to traditional investment venues.

They note that online trading tends to be less expensive and offers some commission rates lower than $8 per trade. Additionally, you can scrutinize orders more closely and carefully prior to making a final decision and you can view and review your portfolio at any time.

For online trading you'll need the bare basics to get started, and that means having a computer and Internet access, as well as some (spare) money to invest. Start by visiting the site of any brokerage you are interested in and offers online trading and begin by opening an account via the instructions and online forms provided. Most likely you'll have to download the forms and send in a check (with your application). The brokerage will in turn send you an account number and password that you can use to log in (on the site) and check the status of your account and/or place an order.

Remember, all reputable online brokerages offer security measures to keep your confidential information save. Before opening an account, be sure to read up on them on the site or place a call and ask.