[Yoox_II]

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

[TheStoof]

fidelity in usa. $8 per trade (buy or sell). no min.

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[Yoox_II]

I forgot to mention, I live in Canada. Will that work for me in Canada?

[djenkins6]

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.

[416to604]

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.

[Shao128]

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.

[nquyen]

I use Scottrade!

[cjcampbell]

I'm the same with the others but use RBC... $28 per and as they said, it's all in one convenient place.

[Masahiro]

I'm heading to TD tomorrow to do what I should have done months ago...

[kbz1960]

Yep, kicking myself

[web99]

I use TD Waterhouse as well.

[dannyd86]

dont forget to use a tax free savings account.

[chrysaurora]

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/

[Jince]

I use TD Waterhouse as well. The convenience of having everything in Easyweb is great.

[northernrds]

I use CIBC Investors Edge. $6.95 per trade if you have over $100,000 worth of services with them (mortgage, etc....).

[w0lfgang]

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

[Goint]

1. Questrade Questrade Canadian Discount Broker | Online Stock Trading | Education

I used this one for all my trades. Option trades are super cheap too.

[Dapper37]

itrade, opps did I say that.
But ya its ScotiaBank! Heck all Canadain banks are good!
Wish we had their debt issues.

[costas1966]

Credential Direct. 19/ trade. I bought 1000 shares a few days ago at 14.90

[coldsword]

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

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[Ray III]

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.

[BBMak]

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.

[ubizmo]

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.

[peter9477]

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).

[416to604]

dont forget to use a tax free savings account.

Yes, I forgot to mention. My primary trading account is a Waterhouse TFSA.