What's a good online broker? - TranceAddict Forums

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Posted by slingshot on Mar-20-2008 00:23:

I use RBC Direct Investing. I am quite happy with it.

RBC Direct, TD, and E*Trade Canada are your biggest and give you the most options as to where you can trade. There are a couple other online brokerages that will have cheaper trades but your options as to which exchanges you can trade on are very limited. You should do your due diligence and look into RBC, TD, and E*Trade and see which one is the best fit for you.

Posted by exstasie on Mar-20-2008 00:26:

quote:
Originally posted by slingshot
tell that to the people who bought Bear Sterns puts last Friday morning

hahaha...good one!

Oh Bear Sterns...

quote:
Originally posted by slingshot
I use RBC Direct Investing. I am quite happy with it.

RBC Direct, TD, and E*Trade Canada are your biggest and give you the most options as to where you can trade. There are a couple other online brokerages that will have cheaper trades but your options as to which exchanges you can trade on are very limited. You should do your due diligence and look into RBC, TD, and E*Trade and see which one is the best fit for you.

Thanks for the info. I'm going to look into those and compare I guess. I think RBC might offer free trades as well downtown. I'm going to ask around about that. Maybe even E*Trade offers free trades as well!

PS. Can anyone help me with the VISA IPO? I need to get some for some 'insurance' purposes lol

Posted by electro88 on Mar-20-2008 00:56:

quote:
Originally posted by exstasie
Don't you work for TD Waterhouse? lol

PricewaterhouseCoopers

quote:
Originally posted by exstasie
hahaha...good one!

Oh Bear Sterns...

Thanks for the info. I'm going to look into those and compare I guess. I think RBC might offer free trades as well downtown. I'm going to ask around about that. Maybe even E*Trade offers free trades as well!

PS. Can anyone help me with the VISA IPO? I need to get some for some 'insurance' purposes lol

V stock is going downnnn, wait till it gets cheaper

Posted by exstasie on Mar-20-2008 01:01:

quote:
Originally posted by electro88
PricewaterhouseCoopers

ahhh...well then lol.

I have a pretty bad memory....At least I remember the Waterhouse part lol

Posted by Skipper on Mar-20-2008 01:29:

quote:
Originally posted by electro88

V stock is going downnnn, wait till it gets cheaper

Visa was up 28% today. I don't think it's going anywhere.

Posted by Skipper on Mar-20-2008 01:29:

Oh, my advice is not to take investment advice from an electronic music discussion board, with the exception of this post, I guess.

Posted by electro88 on Mar-20-2008 02:54:

quote:
Originally posted by Skipper
Visa was up 28% today. I don't think it's going anywhere.

I expect it to go down later, just the few days it will rise

Posted by activate on Mar-20-2008 02:55:

quote:
Originally posted by electro88
PricewaterhouseCoopers

V stock is going downnnn, wait till it gets cheaper

not a chance that will happen anytime soon... it's going up up up!

you need to do a little research on Visa!

Posted by Skipper on Mar-20-2008 02:59:

quote:
Originally posted by electro88
I expect it to go down later, just the few days it will rise

Why? Mastercard went public a few years ago and the stock is up 400%. Visa's got a ton going for it. I'm curious why you think it's overvalued, especially in the current market.

Posted by electro88 on Mar-20-2008 03:29:

quote:
Originally posted by Skipper
Why? Mastercard went public a few years ago and the stock is up 400%. Visa's got a ton going for it. I'm curious why you think it's overvalued, especially in the current market.

I believe its just priced high because of all the attention its getting from everyone since the IPO, I expect it to perhaps die down a bit in a few weeks then maybe I might purchase it.

Posted by StereoPrincess on Mar-20-2008 14:54:

quote:
Originally posted by MarkT
people saying "don't invest" clearly don't understand how the markets works, lol.

lol. i was gonna say. buy when it's cheap and watch money grow with the market. it's not going to be a recession forever. buy low, sell high!

Posted by StereoPrincess on Mar-20-2008 14:55:

oh. to answer your question. I use RBC Investing since I have all my accounts with them anyways.

I just saw an ad for etrade canada. they seem to be popular with the online investors.

Posted by djeso on Mar-20-2008 15:02:

quote:
Originally posted by exstasie
Thats the best time to invest for the future...well, during the recession period when prices are low...

yep

Posted by Skipper on Mar-20-2008 15:06:

quote:
Originally posted by electro88
I believe its just priced high because of all the attention its getting from everyone since the IPO, I expect it to perhaps die down a bit in a few weeks then maybe I might purchase it.

It's not just attention that drives a stock price up. Do you have any actual comments about their business model to be able to say you think it's overvalued?
The IPO price is always at a discount to the underlying valuation. When a stock goes down after going public, that's a pretty bad sign, considering it was at a discount to begin with.

Posted by activate on Mar-20-2008 20:06:

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