Thread: Ask a Broker
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Old 02-09-2004, 11:34 AM   #11 (permalink)
Daval
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Quote:
Originally posted by mbchills
pretty basic question

where do you suggest i start?

i want to get into investing, and is it best to try online trading? such as etrade tdwaterhouse stockhouse

or get a broker?

Personally I use TD Waterhouse. I pay $29 CDN per trade. There are cheaper places to trade, and their are more expensive as well. These are all referred to as 'Discount Brokerages' and in my opinion are a good place to start if you are playing for peanuts and just starting out.

A broker I believe will charge you about 5x what an online discount brokerage will per trade. But, you are getting personalized service and may get some advice (but not tips!).

There are pro's and con's to both.
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