Thread: Chase Financial Advisors/Brokers

I am looking at some online brokerages to start doing some investing. I am looking for one that is fairly easy to use and great for beginners, I've heard some good things about Zecco... Anyone have experience with Zecco if not what online brokerages would you recommend for a beginner.

i would put 10-30% in metals. personally i think there will be an asset class sell off and all will go down and this will be a good time to buy PMs. PHYS is the us physical gold etf, PSLV the silver. canadian trusts GTU (all gold) and CEF (60/40 gold/silver?) are out there too. they all have physical metal. GLD and SLV can have more exotic stuff, i would not advise. you could also pick up some GDX, gold miner's index.

i also like MLPs, like EEP EPD, they are energy related partnerships that throw off dividends. i don't know how much cash you have, if it's 5k you could invest it's all, if it's 20k maybe keep some powder dry. invest 50% and keep 50% in cash waiting for something else.

my 2 cents. i also don't like advisors who discount precious metals as a viable investment.

Originally Posted by sickmint79

i would put 10-30% in metals. personally i think there will be an asset class sell off and all will go down and this will be a good time to buy PMs. PHYS is the us physical gold etf, PSLV the silver. canadian trusts GTU (all gold) and CEF (60/40 gold/silver?) are out there too. they all have physical metal. GLD and SLV can have more exotic stuff, i would not advise. you could also pick up some GDX, gold miner's index.

i also like MLPs, like EEP EPD, they are energy related partnerships that throw off dividends. i don't know how much cash you have, if it's 5k you could invest it's all, if it's 20k maybe keep some powder dry. invest 50% and keep 50% in cash waiting for something else.

my 2 cents. i also don't like advisors who discount precious metals as a viable investment.

Thanks for the input I'll look into these.... its more like 5k.

no harm in even going in on one thing really. something i have done (i think everyone does?) when starting was get into too many positions. which more than anything is good for wasting money on fees.

etrade or sharebuilders

veryyy beginner friendly

Originally Posted by miabullitt

etrade or sharebuilders

veryyy beginner friendly

Yeah I actually set up an e*trade account yesterday and am rolling over from Chase.