Opening a new brokerage account
I recently found out that if you open a new account with TD-Ameritrade[formerly TD Waterhouse, Ameritrade and Datek], with $2000 you get 15 free trades. You can do this even if you have an existing account[according to their customer support]. If you deposit $25,000 they’ll give you 25 free trades plus $50. Also if an existing member referred you, they get $50 too!
If anyone wants a referral, let me know and I’ll send you an email!
I also found out that the Indian Funds I mentioned in a previous post trade like Stocks [like the QQQs]. This is actually cheaper than buying mutual funds with TDAmeritrade! Plus there are no front or back-end loads to worry about.
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April 27th, 2006 at 7:26 am
Adventures,
I’ve had accounts with TD Waterhouse before. I like them.
They were not so good if you wanted to buy mutual funds outside of their marketplace – it cost about $35 each, but otherwise very nice.
I think they’re beest if used for trading vs. buy and hold.
Also, they have several nice newsletters they e-mail you.
Have a wonderful Friday,
makingourway
http://www.makingourwayblog.com