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e-investing: How to Choose and Use a Discount Broker
 
 
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e-investing: How to Choose and Use a Discount Broker [Paperback]

Rob Carrick (Author), Guy J. Anderson (Author)
4.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

May 15, 2000
More and more Canadians are turning to discount brokers as a low-cost alternative to having professionals manage their money, making the discount brokerage industry one of the fastest-growing segments of the investment world.

On-line investing is cheap and easy, an dyou can set up an account with most discount brokers with just a few dollars. But thousands of Canadians with accounts at discounters have no idea on how to make them work effectively. E-Investing How to Choose and Use a Discount Broker is your manual for on-line investing.

  • Rates the strengths and weaknesses of all the discount brokers in Canada, including cost and service comparisons, and ease of use of discounters' websites.
  • Features a questionnaire to help you decide if a discounter is right for you.
  • Explains how to do business with a discounter, whether it's face-to-face, on the telephone, or via the Internet.
  • Gives step-by-step instructions on how to set up an account and how to get on-line.
  • Walks you through sample trades step-by-step with dialogues and questions to guide you.
  • Lists dozens of websites indispensable to the do-it-yourself investor.
  • Explains how to access tools and resources that allow you to track daily market developments; get quotes, charts, and stock prices; and do research on mutual funds and stocks.

Editorial Reviews

Review

"A thorough and readable guide to Canadian discount brokerage. It's a must-have resource for all clients and potential clients of discount brokerage firms, no matter if you're already on-line or you still trade over the phone."
Patrick McKeough, Portfolio Manager, Newsletter Publisher, and Author of the bestseller, Riding the Bull: How You Can Profit in the 1990s Stock Market Boom

"The authors have put together an outstanding primer on discount brokerage. Certainly, this is one of the hottest areas in today's investment world. This book is the perfect first step in helping you determine if discount brokerage is for you and ultimately which companies offer the best services."
Stephen Kangas, CA, CFA, Vice President & Managing Director, TD Asset Management Inc., and Co-author of Smart Funds 2000

"Some excellent insight on how to effectively use the services of a discount broker."
Mike Bastian, President & CEO, Royal Bank Action Direct Inc.

"There's an unwritten rule that if you need to ask basic questions about trading, then you shouldn't be using a discount broker. This book cuts through the fog and tells you to trade stocks and, more importantly, how to inform and educate yourself."
Ellen Roseman, Business Columnist, The Toronto Star

From the Back Cover

Step-by-step tips to getting the most from your discount broker. More and more Canadians are seeking out discount brokers as a low-cost alternative to having professionals manage their money. But not all new customers know what to look for in a discount broker. Consequently, many busy brokers are either spending huge amounts of time qualifying, or even refusing, new customers. The Discount Decision provides readers with everything they need to know to get the most out of their brokers and their trades. Sample dialogues and questions take readers step-by-step through the process, and a detailed questionaire helps determine investment profiles and objectives. Coverage of brokers includes: how they work; how to choose one; detailed cost and service comparisons; who should maintain an account at a discount brokers vs. a full service brokerage; functionality and design of discount brokerages' Web sites; and much more.

Product Details

  • Paperback: 256 pages
  • Publisher: Wiley; 1 edition (May 15, 2000)
  • Language: English
  • ISBN-10: 0471645206
  • ISBN-13: 978-0471645207
  • Product Dimensions: 9.1 x 6 x 0.6 inches
  • Shipping Weight: 15 ounces
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #2,577,454 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
4.0 out of 5 stars Learn everything about investing through internet, October 18, 2000
This review is from: e-investing: How to Choose and Use a Discount Broker (Paperback)
If you think you pay too much for your lazy broker, you should keep this book as your new broker. You can get an idea from beginning to ending process of stock, bonf and mutual fund investments through an internet, It's Great!
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Inside This Book (learn more)
First Sentence:
Ask yourself if you're really cut out to handle your own investing through a discounter. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
discount broker clients, automated phone trading, discount broker account, trading password, most discounters, annual administration fee, investing objectives, discounters offer, other discounters, minimum commission, investing sites, discount brokers offer, researching stocks, investing knowledge, discount clients, market commentary, annual commissions, investing experience, discount brokerage, market updates, free stuff
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Action Direct, Sun Life, Bank of Montreal, Investor's Edge, Charles Schwab, Scotia Discount Brokerage, National Bank Discount Brokerage, Share Price Commission Rate, Target Audience, Toll-Free Phone Number, Web Address, Hong Kong, Nortel Networks, United States, Canadian Venture Exchange, Toronto Stock Exchange, Toronto-Dominion Bank, Air Canada, Carlson Online, Internet Explorer, New York Stock Exchange, North American, American Stock Exchange, Internet Options, Securities Disnat
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