2009年3月20日星期五

"Do-it-yourself store shares Weather thousands | DIYRock.Com - Enjoying Your DIY Life Here!"

Share Market trades were once the exclusive domain of the brokers at St Georges Terrace, but more investors are now eliminating the middle man through the creation of online stock trading accounts.Retired engineer Tom Herzfeld, 73, dominates on-line technology to its own stock exchange transactions, so that a do-it-yourself stock portfolio.For nine years, Mr. Herzfeld was sitting on his computer several times a week to the value of its shares with his CommSec online account with the Commonwealth Bank.The rest of his time is spent researching local and foreign-listed companies."There are much valuable information about the Internet. Others prefer buying advice from financial advisers," said Herzfeld, a Director and Chairman of the WA Australian Shareholders Association, said."I prefer to my own decision and thus save money."Set up an online trading account with filling out a form to create a transaction using an account online trading institution.This is in connection with a bank account in which all the money to buy shares, and from the sale of shares or deposits.Mr. Herzfeld's CommSec account fees $ 19.95 for the purchase or sale of shares up to a value of $ 10,000.He said this meant that 10 transactions worth up to $ 10,000 each would cost under $ 200, while a full-service brokers, including investment advice, could add up to $ 2000 for the same number of transactions.

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