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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

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Investment questionnaire

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email

Q: How do I get started opening an investment account?

A: There are two ways o do it: on your own or with adviser assistance. If you are familiar with online accounts and so not want an investment adviser's help then it is easy to do yourself. To open an account online, just go to click "Apply Now".1 The instructions will take you through the next steps. The entire process takes about a half hour. If you want to use adviser, then it is important to communicate your specific goals and preferences. This process starts with a telephone interview and questionnaire designed to clarify your goals, time frame and attitudes about investment risk. This interview generally takes about 30 to 45 minutes including time for follow-up questions and discussion. E-mail OnlineAdviser at to request additional support. 1 You could use any other online brokerage firm but Scottrade provides the lowest cost and highest level of service at this time. This topic is covered in other articles.


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