S&P 500 Index
NYSE (New York Stock Exchange)
Asked on 18 Jan 2020
Any website recommend to study the US market? Or anyone I can follow on social media to learn about US stocks? How much are the total charges roughly?
A friend recommended me Jitta ( https://www.jitta.com/ ) to study the US market. They have their own proprietary scoring system (Jitta Line and Jitta Score) to determine if the stock is worth investing or not. Their scoring system was inspired by Value Investing strategy, which is to buy a wonderful company at a fair price.
Cheapest way to buy US stocks would be through TD Ameritrade or Interactive Broker. Saxo markets also offer min. USD4 broker fees
Guys the cheapest way is free brokerages like Firstrade.com or Robinhood.com
if the question is what is the CHEAPEST, TD IBKR cannot beat FREE trades.
There are downsides. eg. maybe not as fast. cannot do charting. no analyst reports.
but free is free.
Buy your US counters from TD or IB. It is very easy to set up an account and it is pretty safe.
I will recommend you to watch their news live, like CNBC/CNN to get the latest news. You should be trading US market while watching/reading their latest news as you are not in USA, you might miss certain news that might impact your counters/market.
Cheapest way will be TD ameritrade or interactive broker. Td ameritrade will cost you about $14-$15 per trade but it is regardless of the trade value. If your contract value is 1 million for that trade, the comission is still about $14-15
Hey there, cheapest way to buy would be to open a US brokerage such as Interactive Brokers or TD Ameritrade. Their commissions are 1 USD for IB and 5 USD for TD.
For websites/social media, you can consider using Twitter or Facebook, there are some pages there which are very useful. Most of the forums/blogs I know are geared towards SG market.. So I'm not able to advice much here!
Top Contributor (Jan)