Especially since you generally have to pay a several percent comission both to buy and to sell, where as with a stock like GLD you would pay a small fixed
fee at a discount broker.
Not exact matches
Both investors and companies tend to adore DRIPs — investors, because they're an easy way of acquiring stock without having to pay any
broker's
fees (and DRIPs also spare you the temptation of blowing your dividends on sneakers and tasting menus) Companies like offering DRIPs because they can disperse dividends without having to actually use cash, and because of that, many companies will offer stock
at a
discounted rate to those enrolled in DRIPs.
At times,
discount brokers charge hidden
fees and charges that are not explicitly told to you.
Even so, this past week had a number of stories from various
discount brokers including a new
fee & commission schedule taking effect
at a... Read More»
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With revenues falling
at discount brokers it is worth a call to suggest they waive the
fee for one year so as not to be seen as
fee vultures in a crashing market.
Before robos, the best way to keep
fees down was to buy your own securities
at a
discount broker.
Features Mutual Fund Supermarkets: One - Stop Shopping
at Low Cost Mutual Funds Workshop: AAII's annual survey of mutual fund supermarkets reports on 26
discount brokers that offer hundreds of no - load funds from different families with no brokerage
fees for buying and selling.
So: Get an account
at a
discount online
broker that has no account
fees.
As you'd expect for passive investments, BlackRock's
fees are below Quotential's but higher than what DIY investors pay for the underlying iShares ETFs
at discount brokers.
Compared to exchanging currency
at a local branch or a
discount broker that might charge anywhere between 1.5 % to 2.5 % for each conversion, buying and selling the ETF would cost two trading commissions plus bid - ask spreads plus ETF
fees.
If the buyer is able to purchase the property
at a substantial
discount through the power of the
broker's / agent's negotiating ability, the
broker / agent will have more than earned her
fee.