Sentences with phrase «so small the brokerage»
Because your share holding would be so small the brokerage, even the cheapest around, would end up being a large percentage cost of any overall profits.
https://money.stackexchange.com/ Not exact matches
The risk of a broker failing is small, but the impact is huge (either you lose all your money or you can't access it for a while) and the cost to address the risk is small (you just need to check 2 accounts instead of 1), so it seems like a no brainer to just set up accounts at two different brokerages.
For example, when I sold a significant amount from my taxable brokerage account to invest in a small business, I sold index funds in a few lump sums over 6 or so weeks.
For Canadian brokerages it would be for whole shares only, so smaller holdings would not qualify.
As I've mentioned before, they're one of those brokerages that provides great support for the average small investor, so you can also open a no fee retirement account or a Coverdell education savings account with them.
However, I don't want to have to pay $ 7 - 10 in brokerage fees each time, especially since my purchases are so small (say, $ 250 each).
Many brokerage firms only allow ECN access to certain information, so can be difficult for a small - time investor to compare all of his options and truly evaluate the state of the market.
There pricing structure hasn't changed since their inception and is so impressive that it actually encourages new and small investors to jump into the investment game while also drawing in disgruntled investors from other brokerages.
Put as much in as they can afford annually, or semi-annually, so that brokerage fees are a very small percent of the purchase.
So to contrast our cover feature on the nation's biggest residential brokerages, our «For Managers» section this month features the stories of salespeople who've started their own small companies.
So they began by building some houses and small apartment buildings and opened a real estate brokerage company, doing all of it during their off - school hours.