[Eldon]

I've got a tiny bonus coming towards me and I want to open a brokerage account separate from my retirement accounts. I intend to buy a few individual stocks and some index funds. I'll probably be making less than 6 trades a month. Ease of execution, website robustness and ease of user experience are important to me, firm research not so much. Any recommendations? Schwaab? Ameritrade? E-trade? Share builder?

[AntiTrace]

I used scottrade for a while. It was pretty simple and was 7 bucks a trade for market orders. I would go with the lowest fees possible, there is too much access to free research to justify the charges some of those brokers try to pull

[jergens007]

scottrade... its easy and has low fees. esp that you are just starting out. good luck!

[Smitty]

I've been using Fidelity for many years. Free trades on Fidelity funds is good. Great support and good execution. But I was trading hundreds of times every year.
For what you're looking for, I don't think you can go wrong with Fidelity, Scottrade, or Vanguard. Good luck.

[Menace]

I also have Scottrade. Their iOS app sucks, however.

[_DC_]

Tradeking. Good interface and 4.95 a trade.

[Eldon]

Thanks for all the recs! Appreciated. There are a couple of undervalued stocks I'm looking at that I'll want to get out of when I think their price has plateaued. At that point in my trading account where do y'all suggest I park my money.

[rozayINTL]

Eldon, just out of curiosity, what do you think is undervalued at this moment? I might be able to provide some feedback.. I'm also looking for fresh ideas at the moment.

[Eldon]

(03-14-2012 10:54 PM)rozayINTL Wrote:  

Eldon, just out of curiosity, what do you think is undervalued at this moment? I might be able to provide some feedback.. I'm also looking for fresh ideas at the moment.

Rozay,
Even with it's torrid rise, I still think Apple is undervalued compared to other tech giants. Earnings are gangbusters, low P/E and I believe it will surpass 700 by Nov. after IPhone 5. I'm aware of economists law of large numbers. I like Nokia too, good balance sheets, undervalued I believe. I see Lan Airlines having a good year taking more market share. Some others out of my field of expertise and more obscure were recommended by writers I like, i don't have those in front of me. In general, i look at market overreactions. I wish I went with my instinct and loaded up on Netflix when it tanked. Peeps complaining about modest fee hikes when Blockbuster used to charge $5 per movie 10 years ago. Anyways, that window has passed, I think they'll have trouble internationally competing with established players.