The two - part roundtable discussion
on discount brokerage in the August and September issues sparked these comments.
What about getting some no - load funds
on a discount brokerage platform like (Fidelity or Vanguard)?
Pingback: Tweets that mention Virtual Brokers: A new kid
on the discount brokerage block Canadian Capitalist — Topsy.com
Fees Are Generally Higher on DRIPs: Depending
on your discount brokerage, you'll usually pay a flat fee on share transactions.
Depending
on your discount brokerage and the size of your account, these commissions range from $ 5 to $ 29.
What: Shares of Charles Schwab Corp (NYSE: SCHW) gained about 2 % this morning after Jefferies initiated coverage
on the discount brokerage with a Buy rating.
DIY types who prefer to manage the investments on their own should focus
on discount brokerage firms.
There are so many complex moving parts involved in online trading that expecting a trade to execute or expecting to have access to markets is not the same thing as a guarantee of availability, something that many brokerages place in the fine print
on a discount brokerage account agreement.
On these Discount Brokerage ONLY vehicles — note that the Current rates are @ 1.25 % — it is also best to always us your own Institution — NO FEES, MINIMUM $ 1k, NO minimum holding days, AND ONE (1) day Settlement day NOTE: especially Scotia I - trade — this is the case for sure.
(2) Typically you pay transaction costs of $ 10 or less per trade
on a discount brokerage account, which is negligible as a percent of assets if you have a moderate sized account and trade infrequently.
Now that December is finally here things will almost certainly begin to gear down
on the discount brokerage front until 2014.
The demographic shift has not been lost
on the discount brokerage (and wealth management more generally) industry.
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.
DIY types who prefer to manage the investments on their own should focus
on discount brokerage firms.
Aside from the Twitter hoopla though, there were also a pair of interesting threads
on discount brokerages, specifically on Canadian Money Forum.
Backed by hard data provided by Surviscor's Glenn LaCoste, an industry veteran with more than 24 years of experience, this is the most comprehensive report you'll find
on discount brokerages in Canada.
Both focus
on discount brokerages holding ETFs or index funds.
On discount brokerages, Buffini offered an interesting observation — we are all discount shoppers.
Not exact matches
More than 40 years ago, Ameritrade broke through the status quo
on Wall Street and offered
discounted brokerage services to the everyday investor.
The Surviscor Canadian Online
Discount Brokerage Review focuses
on the relatively «free» segments of business for the everyday Canadian Investor.
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
Unlike the Sustainable Impact Portfolios, the Core Impact Portfolios will also be available
on Merrill Edge, the
discount brokerage and investment advisory platform for self - guided investors (although they have access to 3,500 Merrill Edge advisors).
We have everything from tips
on budgeting, to online banking hacks,
discount brokerage reviews, and the Ultimate Guide to Canada's Robo Advisors.
Or, if you're looking to invest in the stock market, check out the best online
discount brokerages and pay lower commissions
on your stock trades.
This
discount brokerage firm offers a nice variety of commission - free ETFs — everything from ones that buy small companies, mid-sized companies or large companies; to one that buys the entire stock market; to ones that focus
on certain commodities and industries.
This week's roundup features some updates
on current
discount brokerage deals, a couple of interesting upgrades to
discount brokerage websites that were spotted and reports showing that... Read More»
As a
Discount broker, TradePlus Online has a unique model in terms of pricing for their Currency, Options and Commodity trading setups charging a fixed
brokerage of $ 99 per month without any limit
on the number of transactions done.
As for the
discount brokerage study, if you read it closely, you'll see that even though men traded more than women and their more frenetic trading had a greater negative impact
on their performance, the authors don't say that men ultimately ended up with lower returns than women.
Whether or not that is enough of an incentive to get consumers to choose a
discount brokerage based
on this kind of promo, however, is something we'll find out if these offers persist.
We've tried to make that task a lot simpler by putting together a comprehensive comparison and review section
on the Canadian
discount brokerages.
3) Have your own Open House (Realtors are insured for any thefts that may occur, you may not be) There are also
discount brokerages who will gladly sell your home for 1 % or a flat fee and give you a spot
on the MLS.
From there we'll jump into hyperspace through the
discount brokerage tweets before easing into investor education events, investor forum chatter and land this ship safely
on the close.
In spite of most NHL hockey players and seasonal investors starting to take it easy, Canadian
discount brokerages were still keeping busy keeping one another
on their toes.
Finally, to stay
on top of all of the
discount brokerages on Twitter, you can access our
discount brokerage Twitter channel.
The perks include: unlimited free transactions at non-U.S. Bank ATMs, up to a $ 1,000
discount on a home mortgage, no annual fee for a home equity line of credit, up to 25 free trades with a new self - directed
brokerage account through U.S. Bankcorp Investments, an affiliate of the bank, free DepositPoint transactions, and a new account bonus when you open a select U.S. Bank or FlexPerks credit card.
From there we take a look at upcoming investor education events as well as the week for Canadian
discount brokerages on Twitter.
Ryan Lewenza was one of the featured speakers at the TD Waterhouse
Discount Brokerage Investing Expo last year (click here for the review) where he presented
on technical analysis.
This week's
discount brokerage roundup is a little «rounder» than most as it falls
on Pi Day.
Interestingly, it seems that Canadian
discount brokerages are also banking
on robots helping to boost earnings.
As with years past, the rankings and the underlying survey they're based
on, provided a unique window into the collective voice of Canadian self - directed investors and their perceptions of Canada's online
discount brokerages.
Oddly enough, this characterizes the Canadian
discount brokerages heading into July where, at least
on the surface, it seems things have quieted down some.
The ripple effect for
discount brokerage clients was obviously that they could not trade US markets but for some even trading
on Canadian markets was impaired because datafeeds at some Canadian
discount brokerages went down.
In the first of our multi-part special series
on this year's
discount brokerage rankings,... Read More»
There are, however, a pair of feuds that DIY investors and Canadian
discount brokerages may want to keep
on their radars, namely the commission price war between US online
brokerages and the efforts to rescind the Department of Labor's... Read More»
This week's roundup looks back
on a busy week filled with a major
discount brokerage ranking being released, a very cool (and geeky) way to learn about options pricing as well as a frenzy of conversation about
discount brokerages from the forums.
Luckily we've put together a handy twitter channel for you to monitor all the
discount brokerages that are
on twitter in order to monitor announcements.
While Canadian
discount brokerages commission pricing still has plenty of room to fall when compared to
brokerages in the US (such as Robinhood which doesn't charge any commissions
on a trade) the recent moves by bank - owned online
brokerages are continuing to make waves with investors.
Taking the hit
on this type of sales charge is usually worth it if you've decided to manage your own money using a
discount brokerage — it clears the slate and lets you construct a low - cost portfolio.
Of course, we would prefer NOT to withdraw money from a TFSA if at all possible and ideally recommend contributing another $ 5,500 early in 2015: preferably
on Jan. 1 or Jan. 2 to maximize growth (depending
on whether you can find a bank open
on New Year's Day, which is doubtful; alternatively you can use online banking and make a contribution through a
discount brokerage).
And for a young student, they can't go out and find a stock broker or [don't] have enough volume to trade
on their own
discount brokerage account,» says Scott Anderson, an employee benefits consultant with HUB International STRATA Benefits Consulting.