Sentences with phrase «pay at a discount brokerage»

Not exact matches

Assuming you used a discount brokerage house like Charles Schwab and paid about $ 9 per trade, you'd be looking at a $ 63 fee right off the bat, and no costs thereafter as you collected your big oil dividends without any interference from a third - party middleman.

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.

For example, at discount brokerage Qtrade, when you buy a Canadian bond with a face value under $ 25,000 you'll pay $ 24.99.

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.

The drastic design difference between Desjardins Online Brokerage's new website and anything at other Canadian discount brokerages, however, may spur competitors to pay attention to the importance of what a site looks and feels like in today's world.

Based on this comparison, if you have $ 10,000 or more of investable funds, you pay lower fees with robo - advisors WiseBanyan than you would at the discount online brokerage TradeKing.

Ultimately, clients should consider that with the predefined contribution plans, at least $ 1200 per year is being steered into a discount brokerage account in order to save paying $ 100 on balances under $ 10,000 to $ 20,000.

You'll get a 1099 - OID if, in a brokerage account, you owned an individual bond (or other interest - bearing investment) that was originally purchased at a discount — meaning that you paid less than face value.

Someone just starting with only $ 100 or $ 200 to invest is probably more focused on keeping costs low, because it's hard to get rich when you're paying $ 49.95 at a full - service brokerage to invest $ 500 or $ 8.95 at a discount brokerage to invest $ 100.

On the subject of paying trailing commissions to non-advice discount brokerages, at least one has broken free of the pack.

The company's business model (which rather than commission splitting involves agents paying only low transaction and monthly fees) initially led many to dismiss Right At Home as merely a discount brokerage.

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.