Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!genrad!mit-eddie!godot!ima!inmet!stern From: stern@inmet.UUCP Newsgroups: net.invest Subject: Re: Discount Brokers Message-ID: <1892@inmet.UUCP> Date: Tue, 15-Jan-85 02:55:42 EST Article-I.D.: inmet.1892 Posted: Tue Jan 15 02:55:42 1985 Date-Received: Thu, 17-Jan-85 04:12:10 EST Lines: 24 Nf-ID: #R:uokvax:-290000200:inmet:4300007:000:1165 Nf-From: inmet!stern Jan 13 13:42:00 1985 I use Fidelity Investment Discount Brokerage for a number of reasons: (a) They're right here in Boston (b) They're very competitive as far as discounts go (c) They are extremely easy to deal with, especially since I have a Fidelity money-market account and all of my transactions are conducted through this account. All I have to do is make a phone call. I must admit I've been looking at switching to Charles Schwab, since I think their rates are roughly the same, and money-fund switching is also available. A few months ago, there was an article in "Barrons" that pointed out a few problems with discount brokers -- not executing transactions, executing them late or at the wrong price, etc. I can't remember exactly which brokerage houses were mentioned, but it might be worth the time to read the article before choosing a house. I believe it was in Sept or Oct (I'll check the old notebook and see). Hal Stern ihnp4!inmet!stern Disclaimer: I have no affiliation with Charles Schwab, Fidelity Investments, "Barrons" magazine, or any other firm outside of my employer. These views are my own and are therefore probably not everyone else's.