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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