ment17 (00:27) Now you’ve gone and posted something I dont understand !
(First time I didnt understand one of your posts <g> )
Anyway, at 00:27 you said “those using e-trade to save a buck on trades……in my opinion should be looking elsewhere…..things seem to be unwinding…”.
Now, I dont have an account with e-trade, but I do have a discount trading account with TDWaterhouse which gives me trades at $9.99 a pop - a bit more expensive than e-trade which I think is $6.99 per trade. I went with TDWaterhouse about a decade ago because in Canada they were the first to offer that service, and the first to get me off the very high commissions I had been paying at a so-called ”full-service” for a quarter of a century before that.
So at 00:27 were you knocking anyone who has a trading account at one of the discount brokers? Were you implying that they should join the real world and deal through a broker who you speak to? I believe in the slow power of compounding. I also believe in the slow power of saving commissions by going to an on-line trading system, so I dont knock the e-trade crowd who do the same. I also believe in saving a few dollars monthly by willingly accepting my wife’s offer to trim the few remaining hairs above my neckline (although I dont get hot and timely investment tips from my wife with a clipper in her hand, like I would from the barber down the hill beside Scotiabank where I sometimes buy gold Maple Leafs).
Different strokes for different folks. I’ll stick with TDWaterhouse, discount brokers, and get my investment clues not from a full-service broker but from reading information and opinion sources like Goldtent. Cheers. Equiz.
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