Desi-Money Matters

New blog site for all desis who want to save $'s


Tuesday, June 06, 2006

My First Easy Money Post to make $500 with little effort:
TD Ameritrade is running a promotion now where it is fairly easy to get a nearly risk free $500.

  • Sign up for a new account
  • Fund it with at least $10,000 (that's the one big catch) and you get 45 days of free equity trades (online only).
  • To qualify for the free $500, you must reach Apex status within the first 3 months of opening the account. This requires an average of 5 trades per month over a 3 month period. So, buy and sell 1 share of some stable dow industrial stock 15 times in a row one day (thus reaching your average of 5 per month for 3 months), the trades are free so at worst you lose a couple bucks from tiny minute by minute price changes.
  • Final result is a free $500 (minus a few dollar loss due to share fluctuations) and Apex status for the next 3 months which means you get free Level II quotes and some other goodies.

After the above steps are done, you have to request TD customer service for Apex status, and at that point they will post $500.

Please note that in order to keep $500 you have to keep your TD account active for atleast 9 months. So you can trade stocks if you want from this account or if you want your money SAFE you can buy a CD that give a return of 5% from TD Ameritrade. good luck.

If you want me to refer you please contact me.

More details about this offer is at:here

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