Wednesday, July 07, 2010

How To Start Building a Stock Portfolio with $5,000


The Intelligent Speculator has a good post on building a stock portfolio with $5000.

He makes several good points:

1. The key is to avoid procrastination and get started.

2. Use a discount broker that charges $10 or less per trade.

3. Interestingly, he offers the same advice I offered in Stock Trading Riches - to keep commission costs down, own 1 stock per $2000.

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