How Much Money Should One Invest to Open an E-Trade Account?

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To open an E-Trade account, invest as little as $50 or $100 dollars. Only invest what you can afford to lose though. Get information on interest rates and investments amounts for an E-Trade account with tips from a business professor in this free video on E-Trade.

Part of the Video Series: E-Trade Brokerage Firm
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Video Transcript

Hello my name is John Niemira and I wanted to talk to you today about E-trade accounts and how much money you might need to put into it to start an account. E-trade is not particular about their general accounts like a savings, a checking or their stock market accounts. You could start with as little as $100. You may be able to start it with $50 even. It is good to start with an even amount, what you can afford to put into it. If you are trading stocks it is like gambling. Please be very very careful, only put money into the stock market that you can afford to lose unless you have information that I don't have of course but into their checking and savings account it is all a great way to go, it is online, it is easily accessible for you. They have some great interest rates for checking and savings. Get on to their website and take a look but once again be careful in the stock market always, especially the way things are going now, stocks do vary, prices change. You have the opportunity to lose your money so please be careful, only put in what you can afford to lose. For any more information on this topic or any other business topic you can contact me directly at my e-mail jniemira@gmail.com.

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