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QUESTION

Describe current situations where an investor might use a limit order, stop order, market order, trade on margin, or execute a short sale. Merrill...

1.      Describe current situations where an investor might use a limit order, stop order, market order, trade on margin, or execute a short sale.

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2.      Merrill Lynch (http://www.ml.com) is a full-service broker; Charles Schwab (http://www.schwab.com) is a discount broker. E*TRADE (http://www.etrade.com) is an online broker. Visit their websites and compare and contrast their services. If you were going to trade stocks, which firm would you prefer to use as your broker? Why?

3.      Visit the website of the Certified Financial Planner (CFP) Board, http://www.cfp.net. Type the word "ethics" into the site's search function. Discuss some of the pages you see relating to how the CFP Board emphasizes ethics among its members.

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