Investing newbie questions
Hey guys
I've saved up some cash in the bank that is just sitting there. I don't want to put it in funds in the bank because I am not impressed by my parents' portfolios with investment companies or banks.
I'd rather read up on companies, which I like as interesting reading anyways, and I'd like to control my own funds without paying some broker to profit a percentage of my dough for just selling me a fund that just sits there anyways.
My question is:
What websites do you guys suggest for
- tracking funds - Google?
- business news
- explanations of how markets, bond prices, interest rates, metal prices, stock prices, work (kinda confusing sometimes but important to understand nonetheless)
(I'm kinda curious on investing in overseas companies too, just wondering about that...)
What sites do you suggest to do investment transactions?
My requirements are: simple to use, not too expensive (I know it depends on how much cash you have...)
- bank? (I bank with TD and RBC funds)
- Questrade? (I know it's cheap but personally, I found it a royal pain in the ***** to use with the hold funds period of 7 days, 2-3 website platforms each with their own passwords etc
I'm pretty tired of bank managers giving me bad advice on funds, based on unsound to nil knowledge on the market situations.
Thanks!
I've saved up some cash in the bank that is just sitting there. I don't want to put it in funds in the bank because I am not impressed by my parents' portfolios with investment companies or banks.
I'd rather read up on companies, which I like as interesting reading anyways, and I'd like to control my own funds without paying some broker to profit a percentage of my dough for just selling me a fund that just sits there anyways.
My question is:
What websites do you guys suggest for
- tracking funds - Google?
- business news
- explanations of how markets, bond prices, interest rates, metal prices, stock prices, work (kinda confusing sometimes but important to understand nonetheless)
(I'm kinda curious on investing in overseas companies too, just wondering about that...)
What sites do you suggest to do investment transactions?
My requirements are: simple to use, not too expensive (I know it depends on how much cash you have...)
- bank? (I bank with TD and RBC funds)
- Questrade? (I know it's cheap but personally, I found it a royal pain in the ***** to use with the hold funds period of 7 days, 2-3 website platforms each with their own passwords etc
I'm pretty tired of bank managers giving me bad advice on funds, based on unsound to nil knowledge on the market situations.
Thanks!