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Do Full Service Brokers Add Value?

Discussion in 'Shares' started by jeromanomic, 27th Jul, 2014.

  1. jeromanomic

    jeromanomic Active Member

    Joined:
    20th Jul, 2014
    Posts:
    30
    Location:
    Perth, WA
  2. Tropo

    Tropo Well-Known Member

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    17th Aug, 2005
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    3,394
    Location:
    NSW
    "I feel that if brokers knew how to make money on the market, they would be on the other side of the phone"

    Correct !!!
     
  3. investortom

    investortom Member

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    21st Aug, 2014
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    Location:
    Sydney, NSW
    DIY - open up a trading account with COMSEC or ETrade, full service brokers don't know much and are just salesmen!
     
  4. Christianrenel

    Christianrenel Active Member

    Joined:
    13th Jan, 2015
    Posts:
    31
    Location:
    Sydney
    Ful service Brokers

    Using a Full service broker is worth it, if you are moving large positions in the share market over $1mill +, they are able to get you better pricing on the brokerage and are able to fill orders on both exchanges ASX and CXA.

    If you are small investor, a share newsletter could offer you the same service with research and share picking tips.


    Kind Regards

    Christianrenel

    christianrenel@pricefinancial.com.au
     
  5. jeromanomic

    jeromanomic Active Member

    Joined:
    20th Jul, 2014
    Posts:
    30
    Location:
    Perth, WA
    You should read 'confessions of a wall street analyst'

    Great book which highlights how corrupt the recommendations side is