The question of commission is last issue to address when evaluating full-service broker. What is a fair rate? This is a very relative question. Although you should obviously price a few different brokers, to see what others in field are charging, this question boils down to what kinds of assistance you think you will need to trade effectively. Two questions to ask yourself when negotiating your round turn rate are: A: What is a fair price for expertise and assistance this broker is offering? B: Is cost of using this broker an expense that you can cover, and still be profitable, on a per trade basis?

Hopefully this article will help some of you to evaluate brokers with some specific criteria in mind. As a licensed futures broker myself, I find that an informed customer is usually easiest to deal with, and more confident in his or her trading. The goal is to find an ally in your trading, somebody who is invested in you attaining your goals, and this is a good place to start. I always appreciate feedback from trading community, so feel free to send me any of your experiences or comments.

Good Trading!

Scott Ervin Futures Broker servin@webvestor.com

But he wasn't through. he was looking to redeem himself. He mentioned that at least property was going up in value. I asked him his age, he told me 30. I asked him how well he remembered early 1980's. He didn't.

I told him real estate doesn't go up in a straight line, and on occasion it goes down. I told him I bought a home in spring of 1980. Almost immediately real estate market went flat. 5 years later my wife and I were certain if we wanted to sell our house we would OWE money to bank at closing. It was 10 years before market started to move up again.

Just recently it hit another bump in road. In my area prices have dipped 3% in past year. With easy money and low down payments, many new buyers are finding themselves upside down in their mortgages. Many people, who have taken a home equity loan up to or even exceeding value of property, find themselves in same boat.

Did he understand moral? Yes, he did. Borrow as little as possible, pay it off as quickly as you can. The goal is living debt free... unless you want to give me a dollar for my 56 cents.

David Wilding http://www.debtattack.com Take Care Of Your Debt Before It Takes Care Of You