I was looking at the Aegis reports you can buy with the commsec account. Then I noticed you can get it for free after 2 trades on etrade. (maybe I'm wrong but this is how i understand it )
I really wanted to know if people use all the tools etrade provide and if it's worth switching over for more tools....or if commsec has all the info you need but just on a more basic level and u should pay the extra for the other tools.
Thanks alot...
I'm a CommSec client and have a subscription to the Aegis Research. I use CommSec's Professional Trader platform and in my opinion, it's one of the best trading platforms available in Australia, and is far superior to WebIress.
With eTrade's "two trades every six months" deal, you're getting access to what they call their Standard Service Level. If you're going to stay with eTrade, it's almost certain you'll qualify for this service level. I doubt anyone who trades could live with the basic service level. I have an eTrade account, mainly as a backup in case CommSec is overloaded or down, and use the standard service level.
What you get with eTrade's Standard Service Level that you don't get with Basic is:
- Real-time quotes
- Market Depth
- Advanced Charting Tools
- Independent Stock Recommendations
As a CommSec client, you'll get all those things, except the recommendations, as part of their standard free service. I do, however, believe that eTrade's "advanced charting" may just be a bit more advanced than CommSec's "advanced charting". But that doesn't affect me at all, as I'm using CommSec's Professional Trader platform.
Regardless of your eTrade service level, you'll still get the current stock picks from Fat Prophets, Intelligent Investor, Wise Owl and Ecinya. These are just a taste of the stuff that each of the newsletters offers, obviously offered by these companies to encourage you to subscribe to their individual newsletters. You'll also get a
very small set of PUBLIC reports from Aegis Equities Research (AER).
If you go to
http://www.aer.com.au/ you'll find that you're able to access the same ones as you can get on eTrade plus a few more. AER offer subscription services, primarily to wholesale and institutional investors, brokers, etc. They offer subscription services to retail investors through their other site,
http://www.shareanalysis.com.au/ which seems to offer access to pretty much the same research as the AER site, through a variety of subscription levels.
If you subscribe to AER through CommSec, you'll get almost all of what you'd get through AER or ShareAnalysis, although the newsletters and some other stuff is CommSec-branded... same info, different logo!
: You simply cannot compare the Aegis stuff eTrade offers with the subscription-based service through CommSec, it's like having a few pages of a book compared to having the whole book.
That said, if you're on eTrade's standard service, you'll get Aspect Huntley's recommendations on individual stocks.
You can get a free trial of Huntley's newsletters,
Your Money Weekly and
Smaller Companies Guide from the
Huntley's Newsletters website. I subscribe to both newsletters and find them to be reasonably good value. At least by taking up a trial subscription, it won't cost you anything to determine if having access to their recommendations on eTrade is worth putting a couple of trades through eTrade every six months.
I suggest if you do subscribe to the newsletter(s) that you don't bother with the print version... the PDF versions are released on Friday afternoons and the earliest you'll get the print version is Monday, or Tuesday if you live outside of a capital city. You can also get a free trial of the
Aspect Equity Review/Shareholder which doesn't offer recommendations but does offer access to a bit more fundamental data than Huntley's Newsletters.
Sorry if I've rambled, or gone a bit OT.