Online broker – is it a good idea?
by Penny on January 29, 2008
Whilst I’ve always grown up with the notion that a remisier is the way to go when investing in the stock market, the trend nowadays is to go for an online brokerage account. The commissions are lower so investing expenses are trimmed down.
I took a serious look into this today and found that quite a cheap source in the Hong Leong online brokerage service. I signed up for it online since it’s free. But I am required to appear before the Commissioner of Oath to sign the application form and submit the form before the account is to be activated. It’s quite a hassle in that sense. I’m still pondering if I should complete the last steps.
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A little bit about Penny, author of this blog
I want to learn the art of creating, managing and preserving wealth. It's not as easy as ABC but I believe it can be done well with lots of determination, discipline and perseverance. To date I've written 211 posts relating to money matters on this site.
I own a blogshop, Penny's Online Shop, offering trendy ladies apparels at very reasonable prices. I also write a shopping blog, a mummy blog as well as a contributor to a health & wellness blog.
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