I'm supposed to inherit some Berkshire Hathaway shares currently in a US Fidelity fund. Catch: I'm a Canadian resident US citizen. Fidelity wants to transfer the shares to a Fidelity account, but won't let me establish an account because I'm Canadian resident. Will another US brokerage allow me to establish a US account, or do I need a Canadian brokerage? And if so, are there any ramifications I should be aware of?
My wife and I are going to dip our toes in the stock market. For the foreseeable future, I see us doing nothing other than buying (hopefully) reliable dividend-paying stock and holding it for the long- long-term (like 30 years or more potentially). We won't be doing options or even active trading other than occasional additional purchases. Who of the cheap online brokerages should we use? [more inside]
I recently read this question about the high cost of investing with HSBC and met with my investment advisor there to see if we can knock the fees down (unlike the poster of that question, I did not pay an initial fee.) Unfortunately, they can't, so I'm stuck paying 2.25% (that's all fees, total) annually if I stay with them. Here's the thing though: after fees, I got a ~10% gain on my investment 2012-2013 (so ~12.25% in total.) [more inside]
Can I convert my regular brokerage account into a (non-Roth) IRA and claim the tax benefit? [more inside]
Jumping ship from Merrill Lynch. But where to? [more inside]
My wife's brokerage has just resigned as the guardian of her traditional IRA, due to lack of activity (she's a buy-and-hold type of person, and has more recently been contributing to a Roth IRA). The account contains a few stocks and some cash. She needs to make a decision fairly soon as to what to do with the account -- otherwise they'll just sell the stocks and send her a big check that she'll have to do something with in order to avoid tax penalties. What options should she be considering? (If it matters, the total is less than $20K).
What types of job opportunities exist for people with a skill set derived from 3-5 years as an sector trader on the international trading desk for one of the top private equity investment firms? [more inside]
Schwab investment instructions for the complete noob? [more inside]
Can anyone recommend an online discount brokerage that can execute trades internationally? All the online brokerages I've looked at that do international trades at all do them over the phone and charge a lot for these trades. [more inside]
How can I find out the health of my investment brokerage (like Fidelity.com, E-Trade, etc)? Can brokerages even crash and lose my money like in a bank failure? [more inside]
I'm interested in both good and bad experiences people here have had with discount brokerages. [more inside]
Are there any websites which will access several different online brokerage/401k accounts and display the information all in one place? [more inside]
Is there a good simulator for playing the stock market with imaginary money? [more inside]
Total beginner to investing and finance, researching how to start investing maybe $2K each year, mostly in socially responsible mutual funds -- and how a young, healthy person should balance retirement investment with other kinds of investments. [more inside]
Are there books that explain, in great detail, the systems that clear trades (equities and options) on the markets and shuffle funds among banks in the U.S.? [more inside]
What would it take to start (in terms of licensing and registering) a "competitor" (in a very vague and loose sense of the word) to E*Trade? [more inside]
I want to thank everyone for their advice on my previous question about getting to DC for an interview. I'm at the next phase of my problem now: I got the job. That's not the problem; starting a week from Monday is. I need an apartment in Washington, DC in... yeah, umm, five days or so. I'm looking up brokers right now, any other options? Good websites? This is my first move ever, so I'm mind-numbingly ignorant about this.
How safe is it to have a brokerage hold your securities in street name? [more inside]