First Half of Chapter 6 - Opening A Self-Directed Trading Account - Podcast 23
Episode description
In Chapter Six you are walked through the process of opening a self trading investment account with a major financial institution. You will find answers to the following questions:
1. What do you have to do first, so you can open up a stock trading account without having to go into a financial institution's branch location?
2. Which bank is the safest bank in North America?
3. What identification number allows the financial institution to instantly verify who you are and your credit worthiness?
4, What secures money lent by a financial institution in a margin account?
5. Who should you share the password to your trading account with?
6. Should your search engine save your ID and password for quick, easy access to your trading account?
7. What is the first rule of investing?
8. How does a successful company share its success with shareholders?
9. What is the operating margin of a company?
10. What mining company in 1996 went from pennies to $286.50 a share?
Describing verbally how to set up a trading account at a financial institution is difficult. To make it easier to absorb, I would recommend you obtain a printed copy of "Income and Wealth from Self-Directed Investing". Next week we will continue with the last half of Chapter Six.
For information on my books, stock scoring, my videos and art work go to www.saferbetterdividendinvesting.com
Ian Duncan MacDonald
Author and Commercial Risk Consultant,
President of Informus Inc
2 Vista Humber Drive
Toronto, Ontario
Canada, M9P 3R7
Toronto Telephone - 416-245-4994
New York Telephone - 929-800-2397
imacd@informus.ca