The tools to do so exist for do - it -
yourself investors at discount brokerages and for clients of full - service brokers licensed to trade options.
Not exact matches
Using a data on the portfolio holdings and trades of a sample of 41,039 individual
investors (with demographics)
at a large U.S.
discount brokerage house during 1991 - 1996, they conclude that: Keep Reading
* Update: 9/23/16 *
At the outset of September, the
discount brokerage deals & promotions activity appears to have contracted slightly but still remains reasonably healthy for any DIY
investor searching for a deal.
Introduction In the first part of our special series on
discount brokerage rankings and reviews, we take a look
at one of the most popular consumer research organizations, J.D. Power and Associates, and their annual survey of self - directed
investors» impressions of Canadian
discount brokerages known as the
Investor Satisfaction survey.
One of Canada's largest
discount brokerages continues to chip away
at improving its website for
investors.
From there we take a look
at upcoming
investor education events as well as the week for Canadian
discount brokerages on Twitter.
We'll look into the
discount brokerage earnings that were released this past week, some new research products launched being launched for
investors, and what looks like a new project under development
at a popular
discount broker.
For instance, high volume, experienced traders may want to stick with
brokerages which offer no - frills services
at a
discount, while novice traders or less experienced
investors may choose to pay a bit more for the one - on - one attention of a full service broker.
On the other hand, a self - directed
investor with the same $ 500,000 who is buying their own ETFs
at a
discount brokerage will be paying only small commissions to buy and sell securities (typically $ 10 per transaction) plus whatever the underlying MERs of their investments are.
In this week's roundup, we take a look
at the immediate aftermath of the Brexit vote on two Canadian
discount brokerages and the lessons DIY
investors can learn from them.
Many individual
investors have trading accounts
at discount brokerages.
Online
discount brokerages at Canada's Big Six banks are continuing to see a surge in trading volumes and new account openings amid the
investor frenzy centred on cannabis and cryptocurrency - related stocks.
One problem with that method is that I suspect a lot of
investors will set up the account
at TD but they won't switch to a
discount brokerage at the right time or
at all which means in the long run they will end up paying more fees compared to if they had just started buying ETFs even when the account was fairly small.
Lastly, several
discount brokerage rankings get published within the last calendar quarter of the year including the «JD Power Investor Satisfaction Survey», the «Online Broker Rankings» from Rob Carrick at the Globe and Mail and the Morningstar award for «Best Discount Broker
discount brokerage rankings get published within the last calendar quarter of the year including the «JD Power
Investor Satisfaction Survey», the «Online Broker Rankings» from Rob Carrick
at the Globe and Mail and the Morningstar award for «Best
Discount Broker
Discount Broker».
Investors will be eligible for
discounts based on the combined amount of
brokerage assets held
at LPL that are invested in MFO - eligible mutual funds.
Not only does an
investor avoid
brokerage fees, but companies sometimes offer shares
at a
discount for
investors who are enrolled in DRIPs because companies often want to hold on to their cash.
We recently attended the educational seminar by TD Waterhouse
discount brokerage entitled «Everything You Need to Know About Income Investing»
at the downtown Vancouver
investor centre.
We were informed that the TD Waterhouse
discount brokerage roundtable events would take place
at the
Investor Centre in downtown Vancouver on the first Wednesday of the month (excluding January)
In this week's roundup we take a look
at the «back to school» themed activities that permeated across the
discount brokerage and DIY
investor landscape.
In this week's roundup, we'll take a look
at trading metrics from December, a new name for a growing Canadian stock exchange, some of the whispers going around the Canadian
discount brokerage space and finally we'll top things off a hearty serving of interesting
investor forum posts.
We recently attended a roundtable event provided by TD Waterhouse
Discount Brokerage entitled «Stock Chatter»
at their downtown Vancouver
Investor Centre.
Most
discount brokerages, and financial services providers, are much better
at focusing on providing
brokerage services than they are
at consistently producing content that
investors are drawn to.
In this week's roundup, we take a look
at the best bet Canadian
discount brokerages have to woo
investors in our recap of the new promotions that appeared in week one.
Stock purchase plan: a program that allows
investors to purchase a company's shares directly, without a
brokerage, and often
at a
discount
It's becoming trickier for smaller, inactive
investors to park their money
at a
discount brokerage.
(My book, Findependence Day, is aimed
at just these types of
investors who want to build low - cost portfolios of ETFs
at discount brokerages, but who also value good advice).
However, we suspect that many MoneySense readers are largely self - directed
investors who are acutely cost - conscious: perhaps they set up Couch Potato portfolios of ETFs that they buy themselves
at a
discount brokerage.
For our TD e-Series Funds, customers purchase the funds online, either through TD Canada Trust's EasyWeb site, or if they are TD Waterhouse
Discount Brokerage customers, online using WebBroker (
Discount Brokerage accounts can be opened
at any TD Canada Trust bank branch or TD Waterhouse
Investor Centre across the country).
If you're a do - it - yourself
investor buying mutual funds in a
discount brokerage, you should buy «D - series» mutual funds with reduced trailing commissions, or mutual funds offered by providers that don't include trailer fees
at all (such as Leith Wheeler, Mawer and Steadyhand).
The two main objectives of this section are to provide readers with: A look
at the overall
discount brokerage marketplace to see what, if any trends in
investor satisfaction there are that matter to consumers A detailed look
at the company... Read More»
In this week's roundup, we take a look
at some of the latest features launched by one online
brokerage which will be sure to get the attention of other Canadian
discount brokerages as well as DIY
investors.
With a number of market closures, a gearing down of activity with Canadian DIY
investors over the final week of 2015, and probably because everyone is out watching Star Wars, it was an opportune time to look back
at all of what's happened with Canadian
discount brokerages in the short span of just one year and muse about what it all means for 2016.
Winning new business is clearly on the minds of big and small
discount brokerages with a number of promotions aimed squarely
at Canadian
investors looking to open RRSP accounts.
This past week, some very important changes were rolled out
at Qtrade
Investor, one of Canada's remaining non-bank-owned online
brokerages, and a usual top ranking online broker in the Globe and Mail
discount brokerage rankings.
As part of a special series on the comparison of Canadian
discount brokerages, we're taking a look
at some of the major providers of this information so that self - directed
investors and those interested in researching Canadian
discount brokerages can gain a better understanding of the types of research that is done, what the results of that research mean and some... Read More»
* Update: Feb. 2/18 * The deals and promotions activity
at Canadian
discount brokerages is almost
at full throttle this month.With over 30 advertised deals for DIY
investors to choose from, there is no shortage of incentives from
brokerages big and small, each trying to sweeten the deal for DIY
investors.
Commission - Free ETF Trading
at Canadian
Discount Brokerages: A Clever Lure or a Good Deal for
Investors?
In part 1 of this series, we took a brief look
at how self - directed
investors typically access information about
discount brokerage customer service and introduced Dalbar Canada's research in this area.
In this week's roundup, we look
at the actions that landed another Canadian
discount broker in the IIROC penalty box, a report by TD on Canadian
investors as well as a review of the chatter on stock forums about
brokerages and some useful cautionary investing tales.
Heck, Refin has conned American
investors to pay valuing a simple
discount brokerage at $ 1.74 Billion on it's sold out IPO stock value as of today.