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View Full Version : Scottrade lowered rates.


Rolo
02-16-2005, 06:44 PM
http://www.scottrade.com/images/swap/swap3.jpg





hmmmMMMmmm... http://www.tsptalk.com/mb/images/avatars/1.jpg
02-16-2005, 07:05 PM
http://www.freetrade.com/gifs/logo.gif





http://www.freetrade.com/gifs/tagline.gif



Oh Rolo! Grow up. $0 beats $7. ;)
Mike
02-17-2005, 02:42 AM
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.
02-17-2005, 05:18 AM
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.
Mike
02-17-2005, 05:51 AM
Well, I haven't had the money to trade with 'til now. :P
Rolo
02-17-2005, 11:29 AM
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.
02-17-2005, 11:55 AM
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
Spaf
02-17-2005, 12:15 PM
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
Rolo
02-17-2005, 12:34 PM
WhOoaa! That is COOooL! That really opens the door to play-trading--I mean--day-trading.