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thefunkyfresh thefunkyfreshFounder

anybody on here ever do any online investing/trading?

M
monsterEst. 2006

Have you been watching some infomercials? :-)

thefunkyfresh thefunkyfreshFounder

infomercials? no, just trying to save money. I opened an ING account and they have CDs that make 5+% interest... just looking at what options are out there

g.f.s.rocks g.f.s.rocksOG 2001

Matt,

Call Luca, he made $800 in one day by doing that on-line trading... he may be able to assist you...

M
monsterEst. 2006

Welcome to the ING family! =)

I have been with them for a couple years and love it. I create accounts all the time, including term deposits I have 8 accounts. LOL

I was thinking you wanted to be like a day trader. (not there is TOO much wrong with that haha )

WOW, you guys get some awesome rates!! 5% is unheard of north of the 49th in a CDIC guaranteed account (CDIC same as your FDIC).

M
monsterEst. 2006

http://www.sec.gov/investor/pubs/daytips.htmhttp://www.sec.gov/investor/pubs/daytips.htm

http://www.nasaa.org/Investor_Education/investor_alerts___tips/1254.cfm

Some links... YMMV, I have worked with some brothers who thought they, knew what they were doing, it didn't turn out well for them. 50K down the tubes. OUCH!

thefunkyfresh thefunkyfreshFounder

how do you withdraw/transfer money from your ING account?

M
monsterEst. 2006

I just kept my original chequing account. Didn't need to change direct deposits and didn't need new cheques, it was easy for me.

thefunkyfresh thefunkyfreshFounder

so i should be able to just transfer funds back to my original checking account right?

M
monsterEst. 2006

Correctomundo!

The initial cheque that you sent them creates a link between the two accounts. Then all you do is transfer back and forth.

M
monsterEst. 2006

Nice you didn't even have to do that, just give them your digits and the link is made.

M
monsterEst. 2006 monster

Oh, after you confirm with them the two small transactions, to make sure your you.

M
monsterEst. 2006

LOL I must look retarded with my Canadian spelling.

Get used to it I ain't changin. :-p

coreyfeldman coreyfeldmanOG 2003

yes you do.

thefunkyfresh thefunkyfreshFounder

lol, sorry i meant "chequing" account

M
monsterEst. 2006

No worries, I got it, i am bilingual.

:D

iwz iwz

i have recently started using Emigrant Direct. 5.00% savings account, (going up to 5.15% next month), and 5.35% CDs. VERY happy with them so far.

I also have some mutual funds that I put money into every month, but they pretty much increase like -5.00% haha

ilikebirds ilikebirdsOG 2002

Diversify your bonds son!

iwz iwz

i have a 401k, which is diversified, a bit. still high risk, since i'm young.

but my mutual funds pretty much stink.

thefunkyfresh thefunkyfreshFounder

hmm after seeing that emigrant account, i'm questioning opening the ING account. 5% interest is pretty sweet

B
brothermanOG 2004

Ah...You kidless young men...What's a savings account? LOL!

M
monsterEst. 2006

Not that it means anything.. but

What a cute bank... emigrant 14billion in assets, LOL

ING 1.44Trillion

thefunkyfresh thefunkyfreshFounder

i just registered an emigrant account. I'm going to keep both open I think...

g.f.s.rocks g.f.s.rocksOG 2001

Here is another one for you Matt, this one is 5.05% HSBC Direct

coreyfeldman coreyfeldmanOG 2003

I have a 401K that i manage online through ameriprise. its pretty easy, i normally bounce things off my dad first (he is a financial advisor) so that helps me out.

one thing i have noticed with investing in general, from friends experience: you are never as smart as you think you are.

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