Quotes About Brokerage

Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero.

In addition to lower expense ratios on ETFs, Vanguard charges purchase and redemption fees on several open-end funds. There are no extra fees on Vanguard ETFs although there is a brokerage commission cost to buy and sell shares.

There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people who set out to deceive the regulators and even deceive their own senior management.

DiPascali, a small terrier-like man with the unpolished speech of his native Queens, came through for Madoff. Using self-taught computer skills and the historical stock and options prices available to any brokerage firm, he created a convincing paper trail covering several years of complex trading activity that almost certainly had never occurred.

Charles Schwab created the company that bears his name—and a new category known as discount brokerage—around a different value chain. Not all customers want advice, so why should they have to pay for it? Take away all the activities needed to give advice, focus instead on executing trades, and you can create a different kind of value: low-cost trades that make stock ownership accessible to a wider customer base.

Within two week's time, he saved several trust companies and a leading brokerage house, bailed out New York City, and rescued the Stock Exchange.

Of 1,028 stock recommendations made by the typical brokerage firm during the first quarter of 2001 (the peak if the bull market), only 7 were "sell" recommendations.

As a customer's man, his best brokerage work was securing the old age of his clients: time for them to do what they wished.

Stock market operation has been designed in such a way that largely small investors and traders lose money eventually and listed companies and big brokerage firms make a lot of profits only

I do real estate.

Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.

In the 1970s we saw a massive shift of household savings from the banks to the brokerage firms.

When the church becomes a place of brokerage rather than an organic community, she ceases to be alive. She ceases to be something we are, the living bride of Christ. The church becomes a distribution center, a place where the poor come to get stuff and the rich come to dump stuff. Both go away satisfied (the rich feel good, the poor get clothed and fed), but no one leaves transformed.

A financier is a pawnbroker with imagination.

The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves.

Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero.

I like analyzing and managing large-scale transaction processing platforms, record-keeping administration, and brokerage trading services.

One way to make sure you don't lose assets in the future is to streamline your accounts. Consider using one bank for all your banking needs and one brokerage firm for all your investments.

Whatever your income level is, save as much as you can - up to 20 percent, but more if you can - and invest it. Put that into an IRA; put that into a brokerage account.

unlike a corporation, real estate, intellectual property as well as stocks and bonds in a brokerage account can be transferred in and out of an LLC at their basis, thus incurring no taxation.

We are fastidious investors. On average, we invest nearly 20 percent of our household realized income each year. Most of us invest at least 15 percent. Seventy-nine percent of us have at least one account with a brokerage company. But we make our own investment decisions.

In the 1990s, the ratio of buy to sell recommendations climbed to 100 to 1, particularly for brokerage firms with large investment banking businesses.

Those are just examples; my advice is to search for the lowest-cost Treasury options at whatever brokerage you have your money with. Just remember: With a mutual fund you never should pay any sales commission, called a load. And check whether your brokerage offers Treasury ETFs that you can buy and sell without paying a sales commission.

You can open a Roth IRA account at almost any financial institution, from credit unions to discount brokerages such as Fidelity Investments, Charles Schwab, TD Ameritrade, and Vanguard.