Online Stock Broking Company

Week 3: We will look at the use of stock in personal  financial investments. You will evaluate the choices in purchasing stock via  online brokerage accounts (where you can buy and sell stock via the Internet)  and the use of dividend reinvestment plans (known as DIPs and DRIPs) or mutual  funds or index funds. For online brokers, you will be looking for the  requirements to open the accounts: costs, minimum balances, and other features.  Because most DIPs or DRIPs are available from publicly traded companies, you can  search their Web sites or a search engine on these plans and their requirements.  Perhaps the most famous and useful Web site for these programs is 
http:// www. directinvesting.com/. Finally, we want 

you to compare and contrast online brokerage to DIPs and DRIPs.

 

Research online trading sites and DRIPS as outlined below, and summarize your  findings. Make sure to include a summary table of the relevant information.

  

1. Search three online trading sites, and determine the requirements for  trading, including the price per trade. Compare and contrast the online trading  companies. (2–3 pages)
2. Search the Web for three companies (look for investor information) that  offer DIPs or DRIPs. (2–3 pages)
3. Compare and contrast the requirements, including minimum investments, nature  of the return, costs, and other features. (1–2 pages)