Simple Ways to Save at TD Ameritrade
While TD Ameritrade is for investing, the best way to "save" is by keeping more of your money through smart choices. The easiest method is to focus on keeping your costs low.
- Trade Commission-Free: You can trade stocks, ETFs (exchange-traded funds), and options online without paying any commission fees. This saves you money on every single trade you make.
- Look for No-Transaction-Fee Mutual Funds: They offer a long list of mutual funds that you can buy and sell without paying a fee, which is a great way to save when building a portfolio.
- Take Advantage of Their Educational Resources: The more you learn about investing for free on their site, the better your financial decisions can be, which saves you from costly mistakes.
Best Times to "Shop"
Since TD Ameritrade isn't a regular store, the "best times" relate to market opportunities and promotional offers.
- Keep an eye out for special transfer promotions. They sometimes offer cash bonuses when you move your existing account over from another brokerage.
- The best time to invest is often when you have the money and