So, I want to try investing in the stock market for the first time, just to test it out and see what happens. I only want to try it with about $100.00 at first (if I can invest that little, not sure how it works.)
I've been reading a few articles so far on www.fool.com to get familiarized with how everything works, and I've decided that I want to invest online, instead of physically going to a stock broker, to avoid the higher fees (and because I want to be able to check on my stock online whenever I'm curious.)
So, fool.com has a "Broker Comparison Table" for choosing an online broker. The problem is, some of the terminology on the table is pretty foregin to me.
Here's the table: http://www.fool.com/dbc/tables/compare.htm?ref=60broker
Can anyone explain what all the criteria in the table mean? And possibly, can anyone recommend which would be the best Broker to choose for someone who wants to spend as little as possible doing this?
Thanks so much,