Quote:
Originally Posted by rubicon
Two poster listed their costs per trade $7.00 and $9.99 respectively.
I am just curious as to what the costs are per year and if these posters have
computed that amount to a %?
On the other side of the equation have these posters compared their return compared to say a $500 S&P Index Fund?
If traders are beating what I am experiencing I ,ay well stat do my own trading
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The costs per year are basically insignificant because I don't trade that much and I have quite a large amount in my account. If a broker or such took even 1% that would be a significant amount of money and for me unnecessary. By the way, Etrade has no IRA fees, no ATM fees and there is no minimum to open an account. Just as a side note, I have all my kids and parents "monies" under my accounts umbrella to make it easier to keep track of everything for everyone which I enjoy doing.