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The Complete Idiot's Guide to Stock Investing Fast-Track by Ken Little

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Which Broker Type Is Right for You?

Picking a broker shouldn’t be about price alone. Be honest with yourself about how much help you can use and go with the broker who can fill in any gaps in your knowledge and experience. The clearest distinction between broker types is full service and every other type of broker. When you begin comparing discount brokers and online brokers, you may find it hard to tell the difference between the two. Indeed, you could conclude that slotting every broker into only one of these types is not practical or useful.

When you know what you want from your broker, visit different websites and see if there is a good fit. If you have access to a discount broker’s physical office, make an appointment and visit with a representative. ...

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