| Author |
Message
|
| Pinkcat |
 Posted: Sun Mar 20, 2005 2:44 am Post subject: |
 |
|
New Poster
|
| I recently changed to Investrade Discount for lower fees and so far their service is helpful and friendly. |
|
| Back to top |
|
 |
| Dave Rathbun |
| Posted: Sun Apr 10, 2005 2:51 pm Post subject: |
|
|
CFO
|
| signupmoney wrote: | | Check the "fine print" with other brokers, especially the "transfer out" and IRA fees. |
Yeah, that's a great suggestion. Many online brokers are spending so much money to get a customer that they have to make it "painful" for customers to leave.
I've used eTrade in the past, but all of my accounts are now at Harris Direct. There's not one of the "big names" that you see advertising all the time, but they've been great for me. By having all of your accounts (if you have more than one) aggregated at one broker you can often qualify for better services. If you have individual accounts scattered all over it's harder to do. I get a number of "perks" at Harris because my combined accounts (3 IRA and one investment account) have an aggregate total that meets their minimum. If any one of the accounts were somewhere else, I might not.
At my equity level I pay only $7.95 per trade, and that includes option contracts. They just recently dropped their commission rates (they go into effect April 18th). |
|
| Back to top |
|
|
| waltman |
| Posted: Thu May 05, 2005 7:56 pm Post subject: I use Ameritrade and TD Waterhouse |
|
|
Investing Sr. Associate
|
I have multiple TD Waterhouse accounts (SEP IRA, Rollover IRA, etc) and I'm mostly satisfied with the service. I joined WAY back in the late 90s when they were trying to compete on price. Since then they have gradually raised prices and such to discourage people with small accounts. But in one of the oddest things I've seen, they actually called me at home recently to ask me if I was satisfied and to give me a number to call directly to my 'broker'. I told him they annoyed me by starting to charge for US Mailed statements and he said he would be happy to put me back on the list to get those no charge.
So the bottom line on TD Waterhouse is - no big complaints other than the steadily rising prices and the jury is still out on whether they are providing value but it looks promising.
I also have an Ameritrade account that I opened to get a free Palm Tungsten 3. ($10K to open and get a free Palm). I see the specials now are not as good - you get a much cheaper Palm for the effort. Ameritrade seems to be focusing more on keeping costs down, which I prefer when I actually do a trade.
In general, you get WAY MORE stuff from online brokers for free to next-to-free than you did back in the early days. |
|
| Back to top |
|
|
| Shorty |
| Posted: Sun Sep 25, 2005 4:52 am Post subject: |
|
|
New Poster
|
I dont buy real stocks at all, i'm not rich enough.  |
|
| Back to top |
|
|
| waltman |
| Posted: Sun Oct 02, 2005 8:02 am Post subject: Chicken and the Egg |
|
|
Investing Sr. Associate
|
But if you invested more then you would have money to invest... 
FWIW, we opened a Sharebuilder account and are putting in $200 a month into DIVX (an index fund for stocks that pay high dividends)
The $4 charge hurts from the perspective that I immediately lose 2%, but the idea is these are for the long-term.
If you have an IRA plan at work, DO THAT!! (And if not, open a ROTH IRA on your own!!) |
|
| Back to top |
|
|
| MrInvestor |
| Posted: Mon Oct 03, 2005 9:06 am Post subject: |
|
|
Investing Manager
|
|
| Back to top |
|
|
| blackfoxtrade |
| Posted: Mon Oct 03, 2005 7:38 pm Post subject: |
|
|
Associate
|
Shorty, I'm not rich and I am still trying to invest/trade. I only have about $600  but the knowledge I obtain from making mistakes is invaluable for my further success. The cost of mistakes is not important - its the psychological impact that teaches us. I advise you to start investing aswell, even if you aren't rich. |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
