First, reduced market - making supply and increased demand imply upward
pressure on trading costs, reduced secondary market liquidity, and potentially higher financing costs in new - issue markets.
Try to keep a close
eye on trading costs, fund annual expenses and the amount you pay for financial advice.
While I do appreciate that QT offers the Canadian investor the opportunity to save a lot of
money on trading costs, especially the investor who doesn't have $ 100k to qualify for TDW's and other online brokers» discounted rates, the fact remains that customer service remains an issue.
So if you plan to trade frequently alongside Vanguard fund or ETF investments of over $ 500,000 and don't mind the lack of a trading platform, Vanguard could save you
significantly on trade costs.
I haven't been a very active «trader» in the past few years; I've started to focus more on low cost investing (if you're looking to save
money on trading costs and get a $ 100 bonus to boot, OptionsHouse is the way to go - use link for promo code), the occasional market inefficiency trade (pairs trades, hedging -LSB-...]
Currencies are OTC markets and if you are not carefull, you can get easily screwed both,
on trading costs and rates as there are no regulated exchanges.
Leave VTI alone and you will save hours of time investing and fretting and a whole lot of money
on trading costs.