I was very excited to find out this weekend that on November 4th, TD Waterhouse is allowing $9.99 trades for individuals with $50,000 in household assets. This means more money working for me and you, over the long term. It is also proof that the big banks are starting to wake up and make their services more competitive which could lead to even cheaper fees in the future. Nothing like healthy competition!
Speaking of competition, I eagerly await the results of the votes from CREA members on Monday whether individuals wishing to sell their homes can list using the ever popular MLS website without selling their house exclusively through an agent. This will allow many new levels of service to customers who might want to sell on their own house and still have the exposure that an MLS listing would offer. I will be putting my condo on the market soon and would rather list my dwelling at a competitive price to sell it quickly, rather then bump up the price to compensate for an outrageous realtor fee. Comfree must also be eagerly awaiting the results more then I am.
And now for the updated dividend list. Emera is back in the green at 4.26% with it's recent dividend increase and SHAW is very close at 3.98% with it's surprising loss on Friday.
Hope everyone had a good weekend!
5 comments:
It's great to see that banks are starting to lower their trading fees. I always thought the regular fees that the banks charge are quite superfluous, considering the existence of discount brokers such as Questrade or IB. Awesome to finally be able to see some competition!
What's your criteria for listing a dividend company in your list?
Hi!
I've just got my accounts all figured out and I'm ready to begin investing. I've been following your posts for the last couple of months and I believe you've got the right idea on how to invest.
My question is, which of the stocks that you are following would you recommend a student such as myself to start off in? You mentioned Bell was an excellent place to begin, but I don't want to throw all my eggs in one basket. Any other suggestions?
Thanks!
Hey Kyle.
I would hold off on buying any stock right at this moment. It seems the market is correcting right now and I would wait to see what happens to stock prices next week. If you wait, you might be able to buy in cheaper then the current prices.
TA would be another good buy right now, as well as IGM or POW
I appreciate the advice. Thanks!
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