Comments on: Simplified Sunday #1 – How to start off investing – Part 1 http://www.bullsbattlebears.com/simplified-sunday-how-to-start-off-investing-part-1/ ...the trip to a million starts here Fri, 03 Feb 2012 12:24:26 -0700 hourly 1 http://wordpress.org/?v=3.1 By: used tires http://www.bullsbattlebears.com/simplified-sunday-how-to-start-off-investing-part-1/comment-page-1/#comment-27628 used tires Sat, 27 Nov 2010 05:26:58 +0000 http://www.bullsbattlebears.com/?p=606#comment-27628 Hi Aman, perhaps I missed it in the article but where do you see the risk level for real estate investment? Where would you categorize it? Or does it depend on alot of variables? Thank you, Jean Hi Aman, perhaps I missed it in the article but where do you see the risk level for real estate investment? Where would you categorize it? Or does it depend on alot of variables?

Thank you,

Jean

]]> By: Towanda Tynan http://www.bullsbattlebears.com/simplified-sunday-how-to-start-off-investing-part-1/comment-page-1/#comment-9980 Towanda Tynan Sat, 05 Jun 2010 17:00:40 +0000 http://www.bullsbattlebears.com/?p=606#comment-9980 I can't figure out why google sent me to your site but I can say I have become more or less fascinated by the comments you have sourced together. How much effort did it take to get so many arriving to your blog? I am very new to this. I can’t figure out why google sent me to your site but I can say I have become more or less fascinated by the comments you have sourced together. How much effort did it take to get so many arriving to your blog? I am very new to this.

]]> By: admin@BullsBattleBears http://www.bullsbattlebears.com/simplified-sunday-how-to-start-off-investing-part-1/comment-page-1/#comment-152 admin@BullsBattleBears Fri, 30 Jan 2009 05:01:07 +0000 http://www.bullsbattlebears.com/?p=606#comment-152 Being on the West Coast should not hurt you from my experience. I've spent time on the west coast in both Van-city and L.A and I guess the fact that I'm early riser, its not a big adjustment. If you are only going to trade a few days a week as you have another job or things to do, then getting up early might be easy, but if your going to try and day-trade while having a regular job, that might be a little exhausting. A good friend of mine lives in California and she only plays the market once a week as a side hobby so usually invests on Monday as her weekend is spent doing research and then before work on Monday she places her order. Its a little odd strategy as obviously not all Monday's = profits, but for her this system works within her schedule. TradeKing is only for US account, you need to have a US address and American social security number. However, the other two are both for Canadians. My friends swear by Questrade and i have played with the platform and its quite good. They have two levels, a basic beginners one which gives you $4.95/trade and then a pro platform which has more advanced data for a really active trader and those cost a little more. In the beginning Questrade was getting a bad rap, but have truly upped their game and are rated really high. In Canada, there isnt another brokerage that offers their service and price (E-Trade is $10/trade) and TD Waterhouse is only good if you are going to make atleast 3 trades/week and only after 3 months will your commission fees go from $29/transaction ($58 to buy and sell) go down to $9.95. I have had TD Waterhouse for years now and for a long time suffered with the high commisions. I remember some trades, I would make $100 (when I first started out) and then realize that after my commission, I actually took less than half as profit. It was not until recently that they introduced this new pricing and I decided to stay only because I was also paying off my mortgage on my condo and wanted to get free of that debt so was able to transfer funds into the mortgage with a click as I made profits instead of spending it on something else. It worked for me. All my friends that have gone into trading have either tried TD Waterhouse and hated the setup or not bothered at all with them or any other of the big Canadian banks totally because of the price setup. 80% are with Questrade and the others are with ETrade or just went with a personal broker (which isnt fun at all!) If you look at the bottom of this page, on the left side, there is a banner for Questrade - you will get basically 10 free trades after you make your first 10 trades ($50 into your account). This makes the ability of giving Questrade a chance as with TDWaterhouse, you get nothing in terms of price breaks of credits. Basically, if you are looking to get into trading, you need to decide if you want no frills trading account (Questrade) which will give you a super low price and the platform to trade stocks, or if you want to pay a little extra and have the account connected to a big bank and the ability to have a slight user friendly interface. Check out Questrade from the link, explore the website, they do have a lot of options - you can trade Forex (currency), own physical gold which they hold for you, they have online lectures to educate yourself - many improvements. Let me know if there is anything else I can clear up... Best of luck! Being on the West Coast should not hurt you from my experience. I’ve spent time on the west coast in both Van-city and L.A and I guess the fact that I’m early riser, its not a big adjustment. If you are only going to trade a few days a week as you have another job or things to do, then getting up early might be easy, but if your going to try and day-trade while having a regular job, that might be a little exhausting. A good friend of mine lives in California and she only plays the market once a week as a side hobby so usually invests on Monday as her weekend is spent doing research and then before work on Monday she places her order. Its a little odd strategy as obviously not all Monday’s = profits, but for her this system works within her schedule.

TradeKing is only for US account, you need to have a US address and American social security number. However, the other two are both for Canadians.

My friends swear by Questrade and i have played with the platform and its quite good. They have two levels, a basic beginners one which gives you $4.95/trade and then a pro platform which has more advanced data for a really active trader and those cost a little more. In the beginning Questrade was getting a bad rap, but have truly upped their game and are rated really high. In Canada, there isnt another brokerage that offers their service and price (E-Trade is $10/trade) and TD Waterhouse is only good if you are going to make atleast 3 trades/week and only after 3 months will your commission fees go from $29/transaction ($58 to buy and sell) go down to $9.95. I have had TD Waterhouse for years now and for a long time suffered with the high commisions. I remember some trades, I would make $100 (when I first started out) and then realize that after my commission, I actually took less than half as profit.

It was not until recently that they introduced this new pricing and I decided to stay only because I was also paying off my mortgage on my condo and wanted to get free of that debt so was able to transfer funds into the mortgage with a click as I made profits instead of spending it on something else. It worked for me.

All my friends that have gone into trading have either tried TD Waterhouse and hated the setup or not bothered at all with them or any other of the big Canadian banks totally because of the price setup. 80% are with Questrade and the others are with ETrade or just went with a personal broker (which isnt fun at all!)

If you look at the bottom of this page, on the left side, there is a banner for Questrade – you will get basically 10 free trades after you make your first 10 trades ($50 into your account). This makes the ability of giving Questrade a chance as with TDWaterhouse, you get nothing in terms of price breaks of credits.

Basically, if you are looking to get into trading, you need to decide if you want no frills trading account (Questrade) which will give you a super low price and the platform to trade stocks, or if you want to pay a little extra and have the account connected to a big bank and the ability to have a slight user friendly interface.
Check out Questrade from the link, explore the website, they do have a lot of options – you can trade Forex (currency), own physical gold which they hold for you, they have online lectures to educate yourself – many improvements.

Let me know if there is anything else I can clear up…

Best of luck!

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