Monday, February 9, 2009

Sharebuilder Mutual Funds

By Kay Riter

If you ever want to retire or if you want to be rich someday, you will need to make your money grow. The best way to do this is through investing. By investing, you won't have to save as much to make more money, or you can make more money faster and maybe even retire early.

You know you need to learn more about investing and building wealth if you want to retire young or get rich. So you start to read everything you can on investing in bonds, stocks, real estate, etc. You study from books, magazines, and websites. You've learned all you can and now you're ready to get started.

Now that you know what to do, how do you get started? Do you just call up a broker and as them to buy you some stock? Where do you get their number? Learning how to invest takes a lot of hard work. Fortunately, getting started is not nearly as hard. With the internet, investing has become even easier.

My top recommendation for a stock brokerage firm is Sharebuilder. I have been with them for more than 2 years now buying and selling stock, and I've had no problems. Once you sign up, you can get started investing right away. It's really that easy! It will take about 10 to 20 minutes to get through the sign up process, and then after sending in copies of ID, you should be all set.

Sharebuilder has many great features that will protect your money. When it comes to using money and credit cards online, some people get a little nervous. You don't have to be with Sharebuilder because they are very thorough with security. You don't use a credit card, you just connect your checking account to transfer money whenever necessary. For added security, there is validation necessary whenever you transfer money or make a trade.

Sharebuilder has so many more great benefits in addition to security. You don't have a minimum amount to invest so you could invest as little as five bucks if you wanted to. Also, you can invest for as little as $4 per investment. That is one of the lowest available which makes Sharebuilder great for any buy and hold investor.

If you are a novice investor and don't feel comfortable choosing your own stocks, you can invest in mutual funds instead. With mutual funds, a fund manager chooses the stocks for you and as an added bonus, you don't to pay any fees. You can choose from growth stock funds, bond funds, foreign funds, and other types.

If you think you're too young to start investing, think again. In fact, the younger you are, the better. The sooner you start investing, the more money you'll make.

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