How bad does it look to transfer to a different broker due to problems in proximity?
155768
You should be close to the area you want to 'work'.  \n\nIf your sphere of influence is near where you live, you need to consider moving closer to that area.  The only way to make sure you get off to a good start in real estate is to service the people you know.  \n\nI've been in the business 3 1/2 years, and the referral base is really only now getting what I would call 'good'.\n\nIf it's not working in that location, you need to look inward and determine why.  Is it because of location, or are you making sure you're doing all the things you need to do to succeed.  In my short time in the industry, I've watched a lot of people spin their wheels and eventually leave the business.  \n\nHang in there.  If you have any questions, feel free to contact me.  Good luck!
993558
You need to read your agreement with your broker, but most likely they will let you out. You shouldn't be fined as long as you don't buy something that you saw through the agent your agreement was with.
704813
This really depends on the structure of your loan. The higher the risk, the higher the cost and/or rate, regardless of whether they are a broker or a lender. Broker's are like middle-men, they work with several banks to secure your financing, which only saves you the leg work of getting quotes from 5 different banks. If you go directly to the lender, you can avoid the middle-man, along with the fees they charge to secure your loan. However, there is usually not a big difference in costs or rate between the two, since brokers get their loans from the lenders at wholesale level, and then charge whatever the going rate is. They will then get paid for whatever up front fees as well as "YSP" which is the amount that a certain interest rate pays the broker. This will all be disclosed on the final settlement statement, under "Broker YSP". This shows you how much the broker was paid to originate your loan.
1174670
Do not rely on your broker for that information.  Save your trade confirmations. You will need them if you get audited.
1119761
My dad discovered some small print a few years back where they couldn't charge the redemption fee if you're remortgaging with the same company (not sure if it applies to all companies however) - it pays to read the terms and conditions very thoroughly for any loopholes there are because these firms never advertise anything that will lose them money... it may even take 3 or 4 nuisance phone calls to make them change their minds.. persistence is the key!  Keep complaining and you'll get anything just so they can get rid of you!
242583
I know that you'd prefer not to go with a broker, as you intend to let ti sit for a few years, but it really is your best bet to go with a discount broker.  Scottrade will let you purchase unlimited shares of the stock for $7 and charges no monthly fees, even if you never make another trade again.  With no monthly fees, there really is no reason not to use a broker.  ShareBuilder offers the same thing for $4, but only if you sign up for their automatic Tuesday investments.\n\nBoth of these options are acutally cheaper than buying the stock directly from the company's share transfer agent.
1048552
I doubt that the ACAT system of transferring money exists in other countries. Your broker's assistant probably sent it to you, which is routine. Contact your broker for clarification.
146107
I haven't had this happen to me, but the way to avoid this is to select investments (brokerages, mutual funds, banks) that allow you to view their results and see if other people have lost money on the same investment.
742413
In addition to Yada's reply I also suggest you contact your bank.  They may execute the trade a little cheaper than a full service broker.
116061
there are some scammers.  make sure they are backed by the cftc and the nfa.  snc investments is a good company.  sncfx.com.  its a risky market but its possible.
1050996
I'm asumming you are referring to purchasing stocks on different exchanges.  Sometimes there is a small spread difference, but arbritragers usually eliminate that very quickly.  Also, the fees may be slightly different.
1117541
Yes, anyone can. Just make sure that your are working with a good brokerage company or a good website like ameritrade.
680439
You could pay an escrow company to take the risk but that will cut into your profits.\n\nBasically this is the risk you run with dealing with a company in a place that you are unlikely to be able to get legal redress.  The best guarantee you have is the lure of regular business.\n\nGood luck
1176102
You should have received a transfer transaction identification number.  With that number you can inquire online and via phone if the funds are there and pending, or if they have already been picked up and claimed by someone.  Western Union is a risky way to move funds unless you are the receiver.  If you are the sender, you have little recourse at all.
975874
Are you quite well?\n\nIf you dealt with a firm and they made you wait too long / let them down, why in creation did you decided to do business with them again.\n\nThey can only keep taking your cash as long as you are daft enough to keep sending it to them. Sorry to be blunt, but learn from your errors.
1107741
There have been problems and if it's an issue in your area you'll, no doubt, get the literature through your door very soon.\n\nThe biggest problem with it, though, is the mindbogglingly ludicrous proposal to take millions of pounds worth of public assets, property which belongs to you and me, and just give it away to a private company. \n\nWhenever I hear about people voting to transfer stock I get a mental picture of someone standing in front of a wall watching it fall on top of them. It's like the scale of the issue is too much to comprehend and although you can see it, nothing in your life has prepared you to cope with the concept so your subconscious won't allow you to really believe it's really happening and makes you ignore it. Another analogy is the rabbit caught in the beam of headlights.
449390
Some maybe many of the brokers that you talk with are in the business of selling stock. They have things they want to peddle. So it can be a disadvantage to your well being to follow their advice. Many of the on line brokers do have representatives that you can talk with. The two that I deal with do. TD Waterhouse and Fidelity. They will charge you a higher commission to talk to a broker (order taker in this case).  I am sure there are good, knowledgable brokers out there but your chances of finding one are not real good. The good brokers have a customer base that trades millions of dollars at a time. They are not particularly interested in nickle dime trade. \n\nPerhaps to start you might think about a no load mutul fund. Go to Yahoo Finance and use their tools to find funds that have a high Morningstar rating, at least a 4 star and expenses of not more than 1.5% That strategy will minimize your risks, but not eliminate them. Back in 2000-2, most funds lost money, some a lot of money. But they did not loose as much as those folks that invested in Enron or Delta or United. \n\nThe trick to minimizing risk is to diversify, not only among companies buy also across political boundaries. However, the more diversified one is the closer to the market norm will be ones returns. For that reason index funds have become the current rage. The theory being that it is too difficult to beat the market. 70% of mutual funds do not beat the market. \n\nThough I do have mutual funds, I prefer to take my chances on being able to pick the best companies to invest in myself. Sometimes I make good picks. Other times they are disasters. But I have only myself to blame. I like it like that. \n\nSorry about the misspelled words. Spell checker does not seem to be working at the moment.