Although I've been with the Royal Bank for a long time, the new low trading fees at eTrade Canada, of $9.95 vs $28.95 is enough to cause me to move my account.
This should help me to put some more dollars in my own pocket every year. I think this (eTrades new fee schedule) is the first serious challenge to the banks oligopoly of $28-$30 fee charges on discount brokerage accounts. It'll be interesting to see what they do in a year or two from now to stem the tide of accounts leaving ...
JW
The Confused Capitalist
A celebration of the stock market by Jay Walker, author of The Brink's Truck Burst Open on Wall Street! A Holistic Approach to Finding The Easy Money In Common Stocks. Facts and ideas on how to outperform the general market, portfolio management and risk, with a growing focus on how climate change should affect your investment strategy. All wrapped nicely with a value-oriented investing bias.
Showing posts with label discount brokers. Show all posts
Showing posts with label discount brokers. Show all posts
Saturday, October 07, 2006
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