The part of me that is an Apple
shareowner likes that, but as a consumer?
Not exact matches
Another caveat:
ShareOwner,
like most brokerages, does not allow investors to hold US cash in registered accounts.
In this sense,
ShareOwner makes buying stocks more
like buying mutual funds.
As long as you know what you're getting and how to use it I think
shareowner is a great option for someone
like me that will only be doing a few transactions a year and want to keep costs down.
If you
like to buy several stocks at a time, then
ShareOwner might be the best choice.
A great way to use
ShareOwner is to take 20 companies you
like that they offer each January and do a bulk purchase of 5 grand split (or whatever you've put away) between those 20... then repeat next year.
Like most online brokers,
ShareOwner's DRIP is available at no cost.
ShareOwner is just
like other online brokers in that it's a member of both the Canadian Investor Protection Fund, which protects portfolios for up to $ 1 - million in case of broker insolvency, and the Investment Industry Regulatory Organization of Canada.
While
ShareOwner offers about 50 ETFs for trading, it's not an ideal platform for investing in these index funds that trade
like a stock.