Tag Archives: Vacation

Virtual Brokers gets down to the Penny!

15 Nov

Wow!  Virtual Brokers announced their new Penny commission structure as follows:

“The Penny” Commission Structure

Equities
$ 0.01 per share if share price ≥ $1.00
$ 0.005 per share if $0.25 ≤ share price < $1.00
$ 0.0025 per share if share price< $0.25

The Minimum commission is $0.01 with a cap of $9.99. No ECN/Exchange Fees apply.

This makes me want to trade more!!  Just a few weeks ago, I literally bought one share of Priceline @ $997.00.  My commission was 99 cents.  Way cheaper than other brokerages around, right right?

With this new “Penny” commission structure in place, if I bought one share of Priceline today, my commission would be just a PENNY!  Of course, most people don’t just buy one share of stocks all the time.  But there’s that option.  Your trading cost won’t cut into your profits.

I like Virtual Brokers fee structure as they don’t nickle and dime you with ECN/Exchnage fees unlike Questrade.  And there’s a cap of $9.99 commission.  I think this means that if you buy more than 1000 shares, your commission will still be $9.99 per trade.

Anyhoo, I’m off to Costa Rica for ten days!  BTW, my LIQ stock didn’t make a come back to fund my trip.  Still down 18.33%.  Ouchie, looks like I’ll have to dip into my savings for this trip.

 

A couple of dissapointing weeks in October

1 Nov

Sure enough, what goes up must come down.  Cliff Natural Resources was making an effort to climb out of its depths, only be push back down into the mid 30s price range.  My new buys for REI.UN and WYN haven’t done so well since I added them to my portfolio.  I had WYN at a profit, maybe I should have taken the capital gain… what little of it than to hold out for a come back.  Anyways, I’m really surprised that I haven’t made any changes to my portfolio.  I am being strong here.  I was doing better a few weeks back than now especially with the anti-climatic fall of Google.

Anyways, I’m going to buy Google’s Nexus 4 by LG android phone.  It’s my Xmas bonus from my new job 🙂  Hmm, or I shouldn’t buy into new toys and just use my mediocre HTC smartphone till my contract ends??  I’ve only used it over a year…  Decisions, decisions, what to do?  By the time, I’m done with my contract with Bell… maybe the smartphone market will drop and become cheaper overall like TVs!

Traveling is just around the corner for me!  In February, I’ll be taking full two weeks off!  I haven’t had a long vacation in six years!  I’ll be re-visiting Rome for three days and cruising ten days in the Mediterranean!  This will definitely make a dent in my savings, but you know what… You can’t always be that tight with your money!  Gotta enjoy life while you can!