[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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