• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Card Crush
          • Casino.click
          • Chanced Casino
          • Crown Coins Casino
          • FreeSpin Casino
          • LoneStar
          • McLuck
          • Mega Bonanza Casino
          • PlayFame
          • Pulsz
          • Stake.us
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • BC.GAME Bonus Code
          • Cloudbet Promo Code
          • RainBet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Thrill Promo Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Kalshi Referral Code
      • Polymarket Promo Code
      • Polymarket Referral Code
      • DraftKings Predictions Promo Code
      • Novig Promo Code
      • ProphetX Promo Code
      • Underdog Promo Code
      • Betr Promo Code
      • OG Promo Code
      • Fanatics Markets Promo Code
      • Plus500 Promo Code
      • Gemini Predictions Promo Code
    • NFL Week 2
      NFL Week 2
      • NFL Odds
      • NFL Picks
      • NFL Moneyline Picks
      • NFL AI Predictions
      • NFL Underdogs
      • NFL Prediction Markets
      • NFL Betting Sites
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | Investments

    Kinda scared posting this

    HonLi
    whereismyhat
    bucknuts
    wallstreetcappers
    LeRinkRat
    ...
    Participants:
    Search model icon
    Views: 516
    Posts: 15
     
    HonLi
    HonLi
    Veteran
    Participation Meter
    Joined: Apr, 2007
    Posts: 1555
    Posted: Sep. 8, 2009 - 9:52 PM ET #1

    because I really don't wanna come across as a complete newb,idiot, but I'm swallowing my pride and here I go.
    First off, I just found out covers has an investments forum. I'm a huge fan of covers and have been using it for years for not only tips but entertainment.
    Here's my situation:
    I have ab out 7500.00 that I'd like to invest in the investment game.  I DON"T have an online account.  I don't have a broker, and I don't even have any friends to pick the brains of.
    I'm basically a software programmer who has always wanted to learn about investing and have procrastinated until now.  Now that I know I can hang in this forum and read all the begining tutorials and advice, I'm ready to begin.
    My question is:
    If you were in my shoes....
    What steps would you take?
    Where should I set up an account?
    What links should I begin with?
    Any and all advice greatly appreciated.
    I'm looking forward to learning as much about this as possible.
    Reply
    Quote Post
    0
    Report User
    To remove first post, remove entire topic.
    because I really don't wanna come across as a complete newb,idiot, but I'm swallowing my pride and here I go.
    First off, I just found out covers has an investments forum. I'm a huge fan of covers and have been using it for years for not only tips but entertainment.
    Here's my situation:
    I have ab out 7500.00 that I'd like to invest in the investment game.  I DON"T have an online account.  I don't have a broker, and I don't even have any friends to pick the brains of.
    I'm basically a software programmer who has always wanted to learn about investing and have procrastinated until now.  Now that I know I can hang in this forum and read all the begining tutorials and advice, I'm ready to begin.
    My question is:
    If you were in my shoes....
    What steps would you take?
    Where should I set up an account?
    What links should I begin with?
    Any and all advice greatly appreciated.
    I'm looking forward to learning as much about this as possible.
     
    whereismyhat
    whereismyhat
    MVP
    Participation Meter
    Joined: Oct, 2005
    Posts: 16136
    Posted: Sep. 9, 2009 - 9:09 AM ET #2

    I think scottrade is the best
    Reply
    Quote Post
    0
    Report User
    I think scottrade is the best
     
    bucknuts
    bucknuts
    Captain
    Participation Meter
    Joined: Oct, 2005
    Posts: 8951
    Posted: Sep. 9, 2009 - 9:23 AM ET #3

    Trade forex
     
    Reply
    Quote Post
    0
    Report User
    Trade forex
     
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58407
    Posted: Sep. 9, 2009 - 9:38 AM ET #4

    Quote Originally Posted by bucknuts:

    Trade forex
     




    Hat is right, if a Scottrade is near to where you live, open a local acct there. Commish rates are lower and you have the office to go into and get checks cuts and make deposits, ask questions etc.
    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by bucknuts:

    Trade forex
     




    Hat is right, if a Scottrade is near to where you live, open a local acct there. Commish rates are lower and you have the office to go into and get checks cuts and make deposits, ask questions etc.
     
    HonLi
    HonLi
    Veteran
    Participation Meter
    Joined: Apr, 2007
    Posts: 1555
    Posted: Sep. 9, 2009 - 9:49 AM ET #5

    Getting ready to open an account.  There's a few office all around where I live in Tampa.  Do you any of you have a promotion code or referal code or anything like that, that you would like me to enter....Figured I'd ask.
    Reply
    Quote Post
    0
    Report User
    Getting ready to open an account.  There's a few office all around where I live in Tampa.  Do you any of you have a promotion code or referal code or anything like that, that you would like me to enter....Figured I'd ask.
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58407
    Posted: Sep. 9, 2009 - 9:59 AM ET #6

    There are "free trade" codes that you can enter when opening an account where if someone referred you they get free trades.

    If you want to do that with whereismyhat, you can exchange info I guess in PM-land, I have never worried about getting promo bonuses from giving info here..especially since being a moderator.
    Reply
    Quote Post
    0
    Report User
    There are "free trade" codes that you can enter when opening an account where if someone referred you they get free trades.

    If you want to do that with whereismyhat, you can exchange info I guess in PM-land, I have never worried about getting promo bonuses from giving info here..especially since being a moderator.
     
    HonLi
    HonLi
    Veteran
    Participation Meter
    Joined: Apr, 2007
    Posts: 1555
    Posted: Sep. 9, 2009 - 11:03 AM ET #7

    WoW. Scottrade just rejected me based on my credit score.
    That's a bummer.  wtf?
    Reply
    Quote Post
    0
    Report User
    WoW. Scottrade just rejected me based on my credit score.
    That's a bummer.  wtf?
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58407
    Posted: Sep. 9, 2009 - 11:32 AM ET #8

    Really?

    Never heard of that.

    Walk into a local office and talk to a branch manager..
    Reply
    Quote Post
    0
    Report User
    Really?

    Never heard of that.

    Walk into a local office and talk to a branch manager..
     
    LeRinkRat
    LeRinkRat
    Legend
    Participation Meter
    Joined: Dec, 2001
    Posts: 85256
    Posted: Sep. 9, 2009 - 12:41 PM ET #9

    been using TD Ameritrade for years and I think they are the best online firm for their trading platform and service. $9.99 per trade may be slightly higher that some of the "bare bones" firms like Scottrade and Fidelity BUT thats for any size or type order and any priced stock, even "pennies" that are trading under a dollar.
     
    was just talkig to one of their brokers and right now they have a 500 free trades for the first 30 days new account promotion which is for any amount so your $7500 would qualify.
     
    here's their site >>> https://www.tdameritrade.com/offer/independence.html?a=pqo&referrer=
    Reply
    Quote Post
    0
    Report User
    been using TD Ameritrade for years and I think they are the best online firm for their trading platform and service. $9.99 per trade may be slightly higher that some of the "bare bones" firms like Scottrade and Fidelity BUT thats for any size or type order and any priced stock, even "pennies" that are trading under a dollar.
     
    was just talkig to one of their brokers and right now they have a 500 free trades for the first 30 days new account promotion which is for any amount so your $7500 would qualify.
     
    here's their site >>> https://www.tdameritrade.com/offer/independence.html?a=pqo&referrer=
     
    HonLi
    HonLi
    Veteran
    Participation Meter
    Joined: Apr, 2007
    Posts: 1555
    Posted: Sep. 9, 2009 - 1:08 PM ET #10

    Thanks I'll check it out
    Reply
    Quote Post
    0
    Report User
    Thanks I'll check it out
     
    Grego
    Grego
    Veteran
    Participation Meter
    Joined: Sep, 2003
    Posts: 3360
    Posted: Sep. 9, 2009 - 2:05 PM ET #11

    Quote Originally Posted by HonLi:

    WoW. Scottrade just rejected me based on my credit score.
    That's a bummer.  wtf?

    don't try and open a margin account, cash only

    Reply
    Quote Post
    0
    Report User
    Quote Originally Posted by HonLi:

    WoW. Scottrade just rejected me based on my credit score.
    That's a bummer.  wtf?

    don't try and open a margin account, cash only

     
    LeRinkRat
    LeRinkRat
    Legend
    Participation Meter
    Joined: Dec, 2001
    Posts: 85256
    Posted: Sep. 9, 2009 - 3:50 PM ET #12

    TD Ameirtrade will open a margin account with $7500. you just have to maintain a minimum equity of $2000
     
    (and NO I don't work for them, I just think they are the best in the business)
    Reply
    Quote Post
    0
    Report User
    TD Ameirtrade will open a margin account with $7500. you just have to maintain a minimum equity of $2000
     
    (and NO I don't work for them, I just think they are the best in the business)
     
    rubberneck
    rubberneck
    Veteran
    Participation Meter
    Joined: Apr, 2000
    Posts: 3216
    Posted: Sep. 9, 2009 - 4:20 PM ET #13

    bet on football and triple it this season
    Reply
    Quote Post
    0
    Report User
    bet on football and triple it this season
     
    Vermeer
    Vermeer
    Veteran
    Participation Meter
    Joined: Dec, 2006
    Posts: 2910
    Posted: Sep. 9, 2009 - 5:14 PM ET #14

    Just open a cash account with Scottrade....or wherever...certainly just starting out you do NOT want to use a margin account...no way.GL
    And one more thing,scale into any positions you take...I would also buy a copy of Reminiscences of a Stock Operator simply because it is a hell of a read.


    Reply
    Quote Post
    0
    Report User
    Just open a cash account with Scottrade....or wherever...certainly just starting out you do NOT want to use a margin account...no way.GL
    And one more thing,scale into any positions you take...I would also buy a copy of Reminiscences of a Stock Operator simply because it is a hell of a read.


     
     
    bigkat
    bigkat
    Banned
    Participation Meter
    Joined: Jun, 2009
    Posts: 585
    Posted: Sep. 10, 2009 - 11:53 AM ET #15

    Ameritrade or really wherever. If u are young, invest aggressively & even today if I were old I would still be fairly aggressive cuz the market is too unpredictable & u dont have time to wait. Choose some mutual funds and about 3 stocks...
    Reply
    Quote Post
    0
    Report User
    Ameritrade or really wherever. If u are young, invest aggressively & even today if I were old I would still be fairly aggressive cuz the market is too unpredictable & u dont have time to wait. Choose some mutual funds and about 3 stocks...
    All Forums | Investments

    Hot Forums IconHot Forum Topics

    • 🤢🥴💩_ Fubah's risky baseball bets _🥶😲🥵 449,019 Covers arrow
    • PART DEUX 250 Covers arrow
    • The Three-Day Money Train 4,111 Covers arrow
    • Friday 09/18/2026 759 Covers arrow
    • 🏈🏈🏈 Fubah2's risky CFB bets 258,460 Covers arrow
    • Trump's legacy? 25,444 Covers arrow
    • Week 3 Money 6,300 Covers arrow
    • NCAA FOOTBALL. 151 21,381 Covers arrow
    • NCAA WEEK 3 ***Click here for GREATNESS*** 7,095 Covers arrow
    • We have picked a terrible time to have the stupidest president ever 29,073 Covers arrow

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Ultimate Race
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo PCI DSS logo Logo
    Copyright © 1995 - 2026 CS Media Ltd. All Rights Reserved.
    If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.