5 Tips with your company securities trading

It is no longer sufficient to “protected.” Saving money in a bank account is a critical first step in any long-term family financial planning. But to save enough money to meet the expenses, including general and after the accident, long-term financial plan must go beyond a savings account. Many Americans – now more than ever – the relationship between brokerage firms to buy and sell stocks and other financial securities. Here are some things you should keep in mind.

1. Investigation before you invest.

Almost all brokers and individual brokers registered with the Financial Industry Regulatory Authority. FINRA is a “self-regulatory organization” under the federal securities laws. FINRA Run “proxy detection”, investors can access the HTTPS: //brokercheck.finra.org/. This allows you to view the company’s compliance history, as well as the person you are dealing with.

2. Monthly reading your file.

Take the time to make any changes to your checking account each month. If you choose to electronic document delivery, log on at least once a month. This has many advantages. It forces you to keep hold of your understanding, it will remind you that you do not know any transaction. These events are rare, but can be inevitable. If you find a deal you do not understand, call the broker through various means. But …… This is important … If an error occurs on your account, be sure to write about the error to the brokerage firm. If you have any questions about the effectiveness of T t his transaction, to be able to say that the deal was quickly recognized and recorded as soon as possible.

3. Understand your investment.

If you do not understand the investment, then you should not be involved. Here is an actual investment tone: “The goal is achieved through top-down, bottom-up process, can identify gaps in the securities industry or the economy, creating market awareness +/- change.” Huh?

4. You know, there is no investment guarantees.

Differ from bank deposits, investment involves risk. No one can assure you that your investment in any foolproof. In fact, if you were to say any party, whether brokerage firm, or any other person ask you for money, Na Ying Wei stment guarantee, smallerHeart.

5. Make sure that your securities held by the SIPC member brokerage firm.

Brokers failures are rare. However, if for any reason, your stockbroker can not return your securities to you, you must provide you with some protection from the Securities Investor Protection Corporation To learn more about SIPC, how you are protected, and limit protection, visit the SIPC website www.sipc.org. You can check the site to make sure your brokerage firm, in fact, SIPC members.