Wednesday, April 29, 1992 - North Shore News ~ 24

Discount
brokerage
services
ideal for
experienced
investors

IN THESE days of
restraint, we’re all looking
for ways to cut back on our
spending.

By Garry Bader
Contribuzing Writer

For those of you who have
enough money to be able to invest
in the stock market, here's an idea
that will not only help you save
money, but might help you make HONDA
even more, TAKES THE

A comparatively new investmen CHECKERED
service called ‘discount broker FLAG IN
age’’ is now offered by some | FUEL
nancial institutions, including ti ECONOMY.

Royai Bank. nen
This service came into being : 6 The first fuel-
a result of changes to the Bar economy
Act. Until recently, banks, tru special a
companies and credit unions we) demanding
not permitted by federal reguli driver can live
tions to trade in securities o witlee pe : 1? - AGCORE
beuiaif of clients. Now they can - ‘ar and Driver, ” : : ALE
and the new rules have resulted i Yovember 1991 . ; apple HONDA . AIN
‘some important advantages fc wn ae ; reo COIN LEADS THE
old ‘‘pros”? and would-be ir _— ; : PACK
vestors alike. po ges , r . 507 .

The major advantage for th . Be P j 7 ve &% While other
old pros. (people who have bee . auto makers
trading in stocks for years on th have
advice of a broker) is that the j : concentrated
will save sizeable amounts o ‘3 2 ; on low price,
money. When people buy or sel : ; . : high fuel
stock the traditional way, broker : ; ; ; economy and
charge between one and three pe : : “ eye-catching
cent of the value of the trade as i Styling, Honda

commission. A bank’s investo THING ELSE if you missed the big Honda 500 Sale Event | jast has used its
service slashes that cost, some INITS trump card:
times by as much as 85%. CLASS! weekend at the Plaza of Nations, drop by your Lower state-of-the-art

engineering’

offered by banks can also bes | ‘“&ihePelude Mainfand Honda Dealers today. We've rolied all remaining —caranaoner

delivers most November 199T

Fee tn ine stock merken, The | allthebest’ = in ventory back to our dealerships. And now we have the

feet wet in the stock market. They features of

don't have to invest a large sum | otherspors Green flag to extend the Honda 500 Saie Event til the end

of money in their first stock mar- coupes in one

ket venture. They ean start smal package.'s_ Of this week only. Choose from the full line of 92 Honda
sing a discount brokerage ser- just plain fur@?

vice is simple. All you have to do Motor Tread, Accords, Preludes and Civics.

is walk into a branch of any bank March 1992 "
which offers this type of investor My ry - - Sal E i st a § aia y Mi y oral
service aud apply io open an ac- LT e ver Pa en HD a 5 a
count which will permit you to

trade in securities. You can then HONDA ACCORD EX —-
use that account to buy into any THE PROVEN FAN FAVORITE.

company that’s currently trading . .
_ on North American stock ex- The Honda Accord is North America’s
oninite banks’ investor services #1 selling car again and again!

3 +t Hf ,
will normally carry out stock Drive it and you iknow why!
transactions for all types of

clients, they are primarily aimed as
‘at investors who are either highly GET ON THE FAST TR ACK 108 :
experienced, or have been study-

ing the stock market closely for
some time. In other words, the § z ENP. BE §:
kind of people who just want ; innate Mo nememennmn ” —
someone to execute decisions ABBOTSFORD BURNABY PORT MOODY SURREY NORTH & WEST VANCOUVER
which they make themselves. for fe 1 | SEES Frater. 537061 STADE Hastings 2b are ny irons ure VANCOUVER 2390 Buvrrd Si, 738-2621
he | ' . i2¥ LANGLEY : " wee 325 Manne Deve KINGSWAY HONDA

would, be investors to note that § eee OA MIDDLEGATE HONDA 445 Kingsway, 873-3678
discount brokers are not allowed 1951S Largley Sypass,$30-6281 3364 Kingsway RICHMOND MAPLE RIDGE WHITE ROCK | VANCOUVER HONDA
to offer investment advice. In- fee? 525-4667 Rchmond Auto alt 206911 Lougheed Hwy 2466 King George Hwy 8505 Marie Drive
stead, the trader who answers ‘ ‘ ei
your call will simply take your
order. Most investor services
operate on a telephone queuing
system in which clients are handl-
ed on a “‘first come, first served’’
basis.

Armed with the right knowl-
edge, however, it’s possible for a
sophisticated investor to make
sizeable returns. If you’re ready to
take charge of your own invest-
ment portfolio, then you’re ready
to take advantage of these no-frill
investor services.