[G4] OT: Losing my Apple Stock, Sad

Trbl007 at aol.com Trbl007 at aol.com
Wed Jan 15 05:56:43 PST 2003


I use Scottrade at http://www.scottrade.com.

It only costs $7.00 per transaction, you can always check your account 
online, and they 
provide you with a monthly statement online.  There is also lots of 
information on their site.

It has worked well for me.

Marilyn
 
In a message dated 1/15/03 2:52:08 AM, Tracker at aol.com writes:

<< 
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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