View Full Version : Scottrade lowered rates.
http://www.scottrade.com/images/swap/swap3.jpg
hmmmMMMmmm... http://www.tsptalk.com/mb/images/avatars/1.jpg
http://www.freetrade.com/gifs/logo.gif
http://www.freetrade.com/gifs/tagline.gif
Oh Rolo! Grow up. $0 beats $7. ;)
Question: in calculating capital gains / losses on trades, do we include commissions in that or not?
Free trading? Hmmm. What do they charge on mutual funds? Scottrade has a bunch of NTF's, and those that aren't cost $17 per transaction.
Mike wrote:
Question: in calculating capital gains / losses on trades, do we include commissions in that or not?
Free trading? Hmmm. What do they charge on mutual funds? Scottrade has a bunch of NTF's, and those that aren't cost $17 per transaction.
Sounds like we never traded, did we? ;) Yes, we include them in our Schedule D.
Well, I haven't had the money to trade with 'til now. :P
I haven't seen that freetrade stuff. Is it a farse?
Mike, yes, comissions are part of the cost-basis.
Scottrade doesn't charge anything for mutual funds, other than the $17 for not holding them for ninety days minimum.
It doesn't pay to trade in and out of mutual funds rapidly anyway.
Rolo wrote:
I haven't seen that freetrade stuff. Is it a farse?
Don't you love farce?
My fault I fear.
I thought that you'd want what I want.
Sorry, my dear. ;)
http://www.freetrade.com
For Freetrade you have to meet the qualifications, all electronic, no phone contact that I noticed. I don't know?? http://www.smileys.ws/sm/action/00000016.gif Think I will stay with my broker. At least I can call their area office if I have a problem?
Rgds Spaf
WhOoaa! That is COOooL! That really opens the door to play-trading--I mean--day-trading.
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