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Need a new "Broker"

NutBucket

NutBucket

Lifer
I forgot what brokerage house I used to use but they started charging account maintenance fees. Then I moved my stuff to E*Trade but now they're charging a $25 quarterly fee. I don't play with stocks much these days so I just need somewhere for them to sit while the market hopefully recovers. This isn't a huge amount by any means; maybe about $1250 worth or so.

Online or B&M, doesn't really matter to me. Thanks
 
Originally posted by: DaveSimmons
You could cash out and buy i-bonds or an INGDirect account.
Click to expand...

Eh. I'm fairly confident my Intel stock will recover. Its down about 30% but I don't consider it high risk.
 
Your best bet is an online brokerage service.
A personal broker usually charges from $25-100 for a trade, plus they really, REALLY don't give a sh1t about your puny $1250 account, to be honest.

I have $12,000 in my account and my broker pretty much ignores me. In fact, anything less than $50K should be handled yourself.
 
Originally posted by: amnesiac
Your best bet is an online brokerage service.
A personal broker usually charges from $25-100 for a trade, plus they really, REALLY don't give a sh1t about your puny $1250 account, to be honest.

I have $12,000 in my account and my broker pretty much ignores me. In fact, anything less than $50K should be handled yourself.
Click to expand...

I don't care if its online or not. Its these account maintenance fees that are pissing me off. These are just stocks I play around with. Retirement stuff is completely seperate.
 
Actually, ETrade has been doing that BS for a long time now. If I weren't such a lazy fsck, I'd ditch them. 🙁

So how does this work; you have to pay for a stock certificate from ETrade, then transfer that to the next brokerage?
 
Originally posted by: manly
Actually, ETrade has been doing that BS for a long time now. If I weren't such a lazy fsck, I'd ditch them. 🙁

So how does this work; you have to pay for a stock certificate from ETrade, then transfer that to the next brokerage?
Click to expand...

You just have to open an account with another firm/website and initiate a transfer from your new broker. Course, the first step is finding a broker.
 
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