Last month I blogged about opening up a new Interactive Brokers account to invest in stocks. I’ve received some reader’s questions since then. So in today’s follow-up post, I’d like to discuss the following topics. 🙂 How to Open an IB Account How to transfer funds between TD and Interactive Brokers How margin accounts work with IB How to… Read More »
So Long, Air Canada Bonds Earlier this year I purchased some Air Canada bonds for $5,305, with an attractive coupon of 7.625% annual interest rate. Very nice! They weren’t suppose to mature until 2019. However Air Canada decided to be a jerk and redeem them early at the beginning of this month. So all the bonds were bought back, including mine.… Read More »
Lower Cost with Interactive Brokers Everyone likes a discount, especially personal finance enthusiasts. We tend to get hyped over even marginal deals. 😀 Speaking of margin-al discounts. I recently lowered my stock margin rate from 4.45% to just 1.95%. Hot damn! It’s even lower than my mortgage now, haha. 😁 One of the best things investors can do to increase our… Read More »
Advantage of Long Term Thinking There’s an advantage in the business world for thinking long term. If a company only makes short term goals then it will be forced to compete with many other businesses in the same industry. It doesn’t take a lot of foresight or planning to run a company for 1 or 2 years, so that’s what… Read More »
This is a guest contribution from my friend Ben Reynolds at Sure Dividend. Sure Dividend uses The 8 Rules of Dividend Investing to find high quality dividend growth stocks trading at fair or better prices. Successful investing can be simplified into two aspects: Maximize returns Minimize risk Point one could not be more straightforward. The more money you… Read More »
The New York stock exchange regularly releases information about how much margin (or debt) investors are using to invest. Based on the latest reports from the NYSE market data, Doug Short who writes for advisorperspectives put together the following graph which conveniently compares the credit balance of investor’s accounts to the S&P 500 over the past two decades. We can clearly see some correlation… Read More »