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Online investing recommendations [Feb. 7th, 2008|01:55 pm]


*is this thing still on*

I haven't been keeping up with online brokerage firms as of late (not since I left my career in banking back in 2005). Since then, I've paid little attention to the merging of these firms.

I've now earned some stock options through my company, and am looking for recommendations for a firm to use for trading. I know E-Trade is still the big name, but I'd like to know what some of you are using.

Thanks in advance.

[User Picture]From: nsingman
2008-02-08 02:20 am (UTC)
We use TD Ameritrade. It's fairly convenient, and I get decent service. My parents prefer Schwab (relatively full service, but somewhat discounted), and my mother-in-law uses Vanguard to manage her retirement nest egg. However, my primary motivation was the ease of moving money between the brokerage account and a Canadian-based Toronto Dominion bank account. My wife and I want to buy a summer home in Newfoundland in a few years, and I'd like an easy way to move money between US and Canadian banking and brokerage accounts (the "TD" in TD Ameritrade stands for Toronto Dominion).

Absent special needs, though, I'd probably recommend looking at Scottrade if you don't need lots of hand holding. More specific recommendations might depend on what sort of trading you're planning on doing (long term investing with occasional transactions, frequent speculative trading, etc.).

Congrats on the stock options, though, and good luck with whatever you choose!
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From: mill1on
2008-09-06 09:39 am (UTC)
Here's a safe way of earning money ONLINE :)
You'll earn just by clicking on ads, reading e-mails, or viewing websites!
You'll earn more if you refer, and you can advertise, too!


(Reply) (Thread)