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Many investors have learned the harmful effects of under diversification and mistakenly believe that the more diversification the better. This concept is totally false.

If you are looking for a place to park your retirement account, and do a little buy and hold investing, Etrade might not be a bad option, and very active traders can benefit from lower commissions. However, for the occasional trader might do better elsewhere.

If you are looking for a place to park your retirement account, and do a little buy and hold investing, Etrade might not be a bad option, and very active traders can benefit from lower commissions. However, for the occasional trader might do better elsewhere.

I have been a Questrade client for a few years now, so I thought I would write up a Questrade review of my own.  Here's a Questrade promo code to give you $50 in free trades: a1b9d1d9 If you make 10 trades, they'll refund your $50 in free trades (from what I recall a few years back).   I was very very attracted to their $4.95 low commissions. They are a good basic online brokerage.

Investors should analyze their investment mistakes, identify the reasons for the mistakes, and memorize the lessons that will prevent future mistakes.