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PhysicsGente
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Just wondering ;).
Why? In which country? Active trader, passive holder, has options? I would say that most people that work for a large company or have a retirement account or investment portfolio would own some stock in something, even if they may not be aware of what stock it is, or how much.PhysicsGente said:Just wondering ;).
PhysicsGente said:Just wondering ;).
Evo said:Why? In which country? Active trader, passive holder, has options? I would say that most people that work for a large company or have a retirement account or investment portfolio would own some stock in something, even if they may not be aware of what stock it is, or how much.
I still have 100 shares of 3Dfx (TDFXQ) that show up on my brokerage statement (value: 0) despite having been crushed and sold off for scrap like 8 years ago.Jimmy Snyder said:Are you talking about my 201k? I think I still have one share of that penny stock I bought at the height of the market boom.
Pythagorean said:I go through a broker for the majority of it
jtbell said:What kind of fees are you paying? From what I've been reading lately most retail financial advisor / broker types seem to charge 1% to 1.25% of your portfolio per year. Doesn't sound like much, but when you compare it to a long-term 6-7% annual gain...
With me, it's strictly a DIY operation for the non-TIAA-CREF stuff, using an online account at a major mutual fund house. No explicit fees for their mutual funds. Instead they have an "expense ratio" built into the funds' returns which varies from 0.3% to 0.6% per year for the funds that I own. I also have a brokerage account with them that I use for Vanguard mutual fund ETF shares which have expense ratios of 0.06% to 0.10%. I have to pay a $10 commission per trade for those, which is OK since I buy those shares in largeish chunks and plan to keep them for a long time. I could avoid the commissions by opening an account at Vanguard, but I prefer to keep everything together on one website and statement.
Thanks for making my day Russ. We all like to feel that we make smarter investment decisions than others. My one share of XDSL is worth $0.0011 today. When I bought it in Feb. '06, it cost me $0.37 so I'm not doing that well. But still, on a percentage basis, it's infinitely better than yours. And when you're as rich as I am, 37 cents means nothing.russ_watters said:I still have 100 shares of 3Dfx (TDFXQ) that show up on my brokerage statement (value: 0) despite having been crushed and sold off for scrap like 8 years ago.
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