Hello fellow investors. I a previous post of mine on my “money blog” I mentioned how my stock broker – Questrade – was giving people 10 free trades when they open a no-fee RSP account. Well since then I learned about another special promotion that they’re offering and I though all you Canadian traders and investors may want to know so you can take advantage of it.
The promo is in regards to investing in mutual funds. Questrade is offering fee rebates to customers who invest in mutual funds via both registered and non-registered accounts. What this means is that you save on trading costs. Pretty cool!
Personally I’m not into mutual funds (I prefer to invest in individual stocks) but I know there are tons of Canadians that don’t have time to do what I do (stock pick) so mutual funds are a great way to invest in the stock market without putting much effort on your part. Getting some money back from Questrade when you invest in mutual funds makes good financial sense. To help you figure out how much you’ll save they even have a rebate calculator on their site.
Now that you know about this deal if you wish to find out more about this broker or their special mutual funds promo hop on over to the Questrade homepage.
Good luck and happy investing!