01-23-13 04:59 PM
29 12
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  1. Yoox_II's Avatar
    I am trying to buy RIMM shares. Does anyone know of a cheap website to purchase these shares? The cheapest one I have found is questrade.com but requires a $1000 deposit which you can take out the very next day, but still, it's a lot of money to put in at once.
    Also, obviously, I am looking for one that is 100% legitimate and not sketchy.
    I would REALLY like to purchase some shares before the stock gets much higher (I am a believer in RIM - I think it will make a huge comeback).

    Please help me out,
    Thanks
    01-22-13 06:18 PM
  2. TheStoof's Avatar
    fidelity in usa. $8 per trade (buy or sell). no min.

    Sent from my BlackBerry 9900 using Tapatalk
    01-22-13 06:22 PM
  3. Yoox_II's Avatar
    I forgot to mention, I live in Canada. Will that work for me in Canada?
    01-22-13 06:24 PM
  4. djenkins6's Avatar
    I did it through my bank, takes 5 working days to get trading account set up and they generally charge around $30 a trade. Not the cheapest but much more convenient to have it linked with banking for any future activities.
    01-22-13 06:26 PM
  5. 416to604's Avatar
    i use my TD waterhouse account. it's not the cheapest for trades ($29/transaction) but i do like the ability to see all of my accounts and balances on my easyweb screen, and the ease of transferring funds between my banking and investment accounts.
    peter9477 likes this.
    01-22-13 06:39 PM
  6. Shao128's Avatar
    i use my TD waterhouse account. it's not the cheapest for trades ($29/transaction) but i do like the ability to see all of my accounts and balances on my easyweb screen, and the ease of transferring funds between my banking and investment accounts.
    +1 I use TD for the same reasons.
    peter9477 likes this.
    01-22-13 06:41 PM
  7. nquyen's Avatar
    I use Scottrade!
    01-22-13 07:53 PM
  8. cjcampbell's Avatar
    I'm the same with the others but use RBC... $28 per and as they said, it's all in one convenient place.
    01-22-13 07:56 PM
  9. Masahiro's Avatar
    I'm heading to TD tomorrow to do what I should have done months ago...
    01-22-13 08:00 PM
  10. kbz1960's Avatar
    Yep, kicking myself
    01-22-13 08:03 PM
  11. web99's Avatar
    I use TD Waterhouse as well.
    01-22-13 08:04 PM
  12. dannyd86's Avatar
    dont forget to use a tax free savings account.
    416to604 likes this.
    01-22-13 09:52 PM
  13. chrysaurora's Avatar
    1. Questrade Questrade Canadian Discount Broker | Online Stock Trading | Education

    2. Virtual Brokers (even cheaper than Questrade and I have seen good reviews). https://www.virtualbrokers.com/
    01-22-13 10:37 PM
  14. Jince's Avatar
    I use TD Waterhouse as well. The convenience of having everything in Easyweb is great.
    01-22-13 10:49 PM
  15. northernrds's Avatar
    I use CIBC Investors Edge. $6.95 per trade if you have over $100,000 worth of services with them (mortgage, etc....).
    just_luc likes this.
    01-22-13 11:05 PM
  16. w0lfgang's Avatar
    I use Merrill Lynch (because I own shares of BAC) I've been in for a couple hundred shares (for my fifth time since 2008...AND I've escaped all the huge dips/losses) at $10.82.
    Don't kick yourselves and remember the old investing adage....one almost never gets in at the bottom, and never gets out at the top
    01-22-13 11:14 PM
  17. Goint's Avatar
    I used this one for all my trades. Option trades are super cheap too.
    01-23-13 12:26 AM
  18. Dapper37's Avatar
    itrade, opps did I say that.
    But ya its ScotiaBank! Heck all Canadain banks are good!
    Wish we had their debt issues.
    01-23-13 12:36 AM
  19. costas1966's Avatar
    Credential Direct. 19/ trade. I bought 1000 shares a few days ago at 14.90
    01-23-13 02:38 AM
  20. coldsword's Avatar
    still have 8 days left. Online broker will take longer time. I suggest to open an stock investment account it at your bank for fast registration and approval. When it was $7-$8, I decided to open an account but my bank somehow didnt approve due to credit discrepancy. I ended up opening an account at Questrade. I finally had an active account when share price @11.50

    Sent from my BlackBerry 9790 using Tapatalk
    01-23-13 02:54 AM
  21. Ray III's Avatar
    At $30 a trade and less than $1,000 you better be damn sure it will go up. It will cost you $60 to get in and out.

    I am considering buying stock, but only for the launch period. You don't invest long term in a company that is running negative profit margin.
    01-23-13 05:02 AM
  22. BBMak's Avatar
    people should not invest in stocks if they don't know what they're doing. As much as I love RIM, i would suggest you learn a few things about equity investing before buying stocks.
    01-23-13 05:20 AM
  23. ubizmo's Avatar
    people should not invest in stocks if they don't know what they're doing. As much as I love RIM, i would suggest you learn a few things about equity investing before buying stocks.
    I agree with this, but I did buy some RIMM stock. I approached it the way I would approach an outing at a casino. I first ask myself how much I could afford to lose, and proceed from there. I'm not about to invest my family savings in any stock, precisely because I really don't know what I'm doing. I opened an Etrade account and invested $500 last week because that's what was kicking around after Christmas, without dipping into savings. I could have put that money into savings but decided to buy the stock instead, and I plan to hold it for a while. The investment is so small, it's not going to change my life whichever way it goes. But it makes RIM's fate a little more interesting to watch!

    My feeling was, and is, that RIM seems to be doing everything right, in contrast to past actions, and this can only help the stock. I know that there are other, more complex factors that affect RIM's revenue stream and ultimately the value of the stock. I don't pretend to understand all of that, which is why I'm not about to put a lot of money in. This is the only stock I've ever bought and it's strictly a "hobby" sort of investment. I'll leave the investing of serious money to the people who have a better understanding of the true value of the company, when to get in and when to get out.
    BBMak, peter9477, Jince and 1 others like this.
    01-23-13 07:05 AM
  24. peter9477's Avatar
    You have to start somewhere, so if you're not just trying to make a quick buck, this may be a good opportunity for you if you believe in what RIM's doing with BB10, and its potential for success in the marketplace.

    $29 per trade is pretty brutal, but I really think you should not start with short-term trading when you're just getting in. Find a company you feel comfortable buying and holding for an extended period. As far as I'm concerned, RIM is such a company right now... but it's no "blue chip" company, and is unlikely to pay dividends any time soon, so take that into account in deciding.

    Minor note: if you ever manage to get more than $100K in your TD Waterhouse accounts (it's a combined "household" thing too, in case other family members have their own accounts), the commission drops to $9.99 per trade which, while more than many discount brokerages in the US, is low enough that you can basically ignore it (especially once you've got over $100K invested).
    01-23-13 08:07 AM
  25. 416to604's Avatar
    dont forget to use a tax free savings account.
    Yes, I forgot to mention. My primary trading account is a Waterhouse TFSA.
    01-23-13 11:06 AM
29 12

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