Portfolio Return for April 2010
Comment: My portfolio caught up with the benchmark due to the heavy dose of PrecMetal equity, which outperform significantly in the month.
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indexfundfan @ indextown
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Copyright © 2012 | indexfundfan @ indextown
December 4th, 2010 at 11:00 am
Can you recommend me a discount brokers, except Scottrade and TD Ameritrade because I have these 2 accounts already. Currently, one of my brokers, Merrill Edge increases the fees, and I want to transfer out of that account. First, I have thought about Tradeking, but after reading your blog, I want to reconsider about it. If you have any good recommendation, please let me know. Thank you very much.
December 4th, 2010 at 4:26 pm
Currently, I have two active brokerage accounts for my taxable investments — Vanguard and eOption.com.
I trade all Vanguard ETFs with Vanguard because they are commission-free. About anything else I use eOption, which offers $3 per trade with unlimited shares.
You could also check out OptionsHouse.com. I have read good reviews on them.
December 4th, 2010 at 4:41 pm
Thank you for the quick reply.
Do you know the optionhouse.com cover the Transfer Fees? I have checked out their site, but I don’t see any thing about covering the transfer fee.
So, is that mean that you are not using Tradeking anymore?
December 4th, 2010 at 8:21 pm
BBMak, yes I dumped Tradeking shortly after I was able to transfer out my remaining holdings.
Looking at the OH website, I think they do cover transfer fees up to $100 (ACAT rebate):
http://www.optionshouse.com/promotions/
It appears they are also offering free trades.
It’s always best to shoot their customer service an email to clarify everything before submitting the application.
December 4th, 2010 at 10:04 pm
Thank you so much again. You are right. It is always good to read all the terms before sign up. It is lucky that I haven’t submit my transfer form yet to TK. I guess I just close the account of TK.
Yes, I saw that in promotion. I would probably call them on Monday to clarify some of the terms and questions. I don’t really mind about the free-trade but I want a reliable discounted broker with great customer support.
$2.95 a trade makes me feel unsecured broker, not sure are there any catches come with it? Funny feeling