Go to Jeff Salisbury LWGate Home Page.From: Jrice45515 <Jrice45515@aol.com>
Subject: An Easier Road
Date: Thu, 7 May 1998 13:15:10 EDT
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Danialle Weaver wrote: <<I'm testing out a theory that there are three kinds of investors: advice-hungry (beginners and high-net worth individuals) who gravitate toward full-service brokers, information-hungry (market-savvy individuals and some novices) who seek value-added info, who use chat rooms and bbs services who gravitate toward discount brokerages, and transaction-hungry (individuals with significant trading experience and high risk tolerance) who gravitate toward deep-discount brokers.)>> A short note to new or potential investors who want to investigate the possibility of significantly shortening the path described in the above "theory"; check out the Motley Fools whose clear tutelage quickly brought me (a LOW-net worth and market-UNsavvy individual) through the advice-needed stage without the costly and dubious aid of a full service broker. Since discovering the Fools in Nov96, I have been successfully handling my own investing online with Discover (nee Lombard) at discount rates. Now when you hear that word "successfully", bear in mind that virtually any idiot in the market only since Nov96 would probably have done well. You want to prepare yourself to survive in an unfriendly market. So I know you all are busy but take time to visit www.fool.com; and No, I don't work for the Fools nor for Discover - I'm unemployeed and looking. - -
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