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What would be the total cost of a stock if you bought 680.00 worth of stock and paid your broker 10?
If you bought $680.00 worth of stock and paid your broker a fee of $10, the total cost would be the sum of the stock purchase and the broker fee. Therefore, the total cost would be $680.00 + $10.00, which equals $690.00.
What was the effect of margin loans on the stock marked boom?
There was over speculation in the Stock Market, which was not regulated.Many Americans purchased stock on credit. This was known as margin buying. The stock broker would lend the buyer money to purchase stock, when the stock was sold, the broker would take out the money owed him plus interest. As the market started to fall, most brokers called in their loans. Owners could not sell their stock or could not sell it at a price to cover the loan from the broker. This meant that both broker and owner lost money. Eventually, there were stocks for sale but no buyers.
What to Look for in a Stock Broker?
When looking to invest your money in stocks, it would be a good idea to work with a stock broker. A stock broker can providing you with investing tips and consultations, and can also facilitate the trades of stock. When looking to work with a new stock broker, there are several things that you should take into consideration. One of the most important factors to consider is how the stock broker is compensated. You should avoid working with stock brokers who are compensated based solely on the sale of stock. Instead, you should look for a broker who is compensated based on your return on investment.
Do I have to have a stock broker to get into the market?
I would recommend having a stock broker if your main interest is just making money without any knowledge of the market.
Where can one find a cheap stock broker online?
To find a cheap stock broker online, it would be best to find a website that lists several options. Some of these websites include Stock Brokers, Compare Broker, and How to Trade Stocks.
Would a broker be a good source to find information about stock investing?
Yes, a broker would be a good source to find information about investing in stocks. Specifically, you would want to talk with a stock broker. They will need to know how much money you have available and long you are wanting to invest.
Who would you go to to see about a stock bond?
I would go see a stock broker, hopefully recommended by a trusted friend.
Who is a broker?
A broker is the third person facilitator between a buyer and a seller. An example would be a Real Estate Broker who facilitates the sale or purchase of a property. A broker may also act on behalf of either the buyer or seller. An example would be a Stock Broker who makes the sale or purchase of securities on behalf of his client who is either buying or selling a security.Here is a list of several different types of brokers:Business brokerCommodity brokerConstruction equipment brokerForex BrokerInsurance brokerInvestment brokerMortgage brokerReal estate brokerRigs brokersShip brokerStock brokerYacht charter brokersCapacity brokerOff Business brokerMarriage broker
What did buying stock on margin mean in the 1920's?
"Buying on Margin" meant that you would only have to put down a small percentage of money (10%) and the broker would cover the rest. If the stock price dropped too low the broker could issue a "Margin Call" which means that the person has to repay all of the money that the broker put down. People often used this in the 1920s in order to buy more stock for less. i.e. Instead of buying 5 stock for $10, he could buy 50 stock for $10 and a loan from the broker. If you were to sell the stock, the broker would get his money back plus a portion of the profits.
What would be the total cost of stock if you bought 795.18 worth of stock and paid your broker 10 percent?
874.70
What would be the total cost of stock if you bought 680.00 worth of stock and paid your broker 10?
$748.00 A+ Class
What would be the total cost of stock if you bought 680.00 worth of stock and paid your broker 10 percent?
$748.00 A+ Class
