[G4] OT: Losing my Apple Stock, Sad

Tracker at aol.com Tracker at aol.com
Wed Jan 15 01:50:46 PST 2003


In a message dated 1/14/03 7:06:52 PM, diane at mathermotorsports.com writes:

<< You would think people that don't do a lot of trading would actually 
be beneficial to them as we don't bug them very much! Low maintenance.
 >>

Perhaps it has something to do with the fact that low volume trading equals 
low commissions to the brokerage and rep?

If you simply leave your money in one stock, never move it to others, and 
don't add to the account balance except for dividends, that account doesn't 
generate any income for the brokerage company. They have to do all the 
paperwork to give you reports, which costs them money, and they want 
something for their labors.

If they can get you to move your account, buy and sell, then they can bill 
for their services and make their profit.

Simple, isn't it, when you see the actions and results?



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