Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!cca!ima!inmet!stern From: stern@inmet.UUCP Newsgroups: net.invest Subject: Re: Discount vs Full Svc Brokers Message-ID: <1900@inmet.UUCP> Date: Thu, 17-Jan-85 07:53:11 EST Article-I.D.: inmet.1900 Posted: Thu Jan 17 07:53:11 1985 Date-Received: Sun, 20-Jan-85 00:33:21 EST Lines: 16 Nf-ID: #R:trwrba:-122300:inmet:4300008:000:554 Nf-From: inmet!stern Jan 15 16:31:00 1985 [discount commission for the line-eater] Most of the "big" discount brokers (Fidelity and Schwab leap to mind) let you move money into/out of a money market account to complete transactions. That way you're earning 8.5% or whatever it is these days when you're not fully in the market. Fidelity's minimum commission is $30. Their rate for small transactions is $25 + 1% of the transaction value. I have no connection to any brokerage house, and all the usual disclaimers. I just like to see people make $$$. --Hal Stern ihnp4!inmet!stern