The Steps and Terms of Online Investing by Melvin Feller MA
The Steps and Terms of Online Investing by Melvin Feller MA As with everything else these days, the stock market has gone online. Therefore, Melvin Feller MA asks if you can shop, pay bills, and do your banking online, why not invest too? Investing online is not as big of an ordeal as some people make it out to be. Melvin Feller suggests that the key is to know what you want before you start. The Steps and Terms of Online Investing by Melvin Feller When opening a new account, according to Melvin Feller, investors need to answer the regular questions, such as the type of account they want and how it will be funded. When selecting an account type the kind you choose will depend on whether or not the account is taxable or tax-deferred, and whether it is for just you or you and someone else. You will also have to decide whether your account will be “cash” or “margin.” A cash account means you are only able to place trades for investments with money in your a...