12:53 26 February 2013
For those people who still do not know how to grow their hard-earned money, online share dealing could be your best option.
Gone are the days when share dealing was only limited to few individuals and companies. Today, with the creation of online trading accounts, anyone can buy and sell shares and stocks from the comforts of their own home.
There are basically two types of online trading accounts. The first one is Execution only type of account, which means that investors personally handle their accounts. They build their own portfolio and trade shares all by themselves. This is a good option for experienced investors.
For those who are just starting out, you may need the help of share dealing account manager who can either take full control of your account or give you advice on what shares to buy and sell. With this option, you will be charged commissions plus service fee.
Right now, there are several online share dealing brokers that you can choose from. To get the best rates, don’t forget to compare their fees and also their services. You would want to be with a reputable broker, which doesn’t charge a fortune.
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