Brokerage
Reassurance from E-Trade
As E-Trade’s stock bounced back to $5+ level, it seems the bankruptcy rumor has calmed down a little bit. Actually, instead of going out of business, E-Trade may become a take-over target (that speculation played a big role in driving up the stock price).
Anyway, today I received an email from E-Trade regarding my account with [...]
Is My Money Safe if E-Trade Fails?
Another big story yesterday (the other one I thought was the 170+ points reversal of the Dow, extending the index’s losing streak to 4 and closing below 13,000 the first time since late August) was the nearly 60% drop of E-Trade Financial shares. Following a Citigroup analyst downgrade of the stock to Sell over the [...]
Is Kiplinger’s Choice of Best Online Fund Broker Any Good?
Last week, when I went through Kiplinger’s 2007 Best List, one of the surprises to me was their choice of the best online broker for fund investors, which went to Muriel Siebert, a broker that I have never heard of until I read the magazine. Kiplinger gave a brief explanation why this particular broker won [...]
Get Up to $100 When Switching to Scottrade
I am currently using several brokerage accounts and each of them has its own *unique* features. For example, I use Firstrade for stocks that pays dividend (such as MO), but it charges $6.95 per trade, E-Trade for stocks listed in Hong Kong, and QQQDirect to buy QQQQ without commission (find out more in my brokerage [...]
Zecco Scales Back Free Trading Offer
It seems to me that Zecco doesn’t have a clear plan on how to run their business.
First, they asked a ton of paperwork to open an account, then ran a promotion with a lowered minimum requirement that didn’t want anybody to know, shortly after the secret promotion, they decided to get rid of all the [...]
