Can I Sue My Parent’s Broker? A Question from a Reader
Please forgive the rapidity with which this message is written – I’m preparing this week’s special feature on financial independence and wanted to respond given the nature of your email. Unfortunately, I’m not going to have time to go through and edit it so excuse me if it lacks eloquence. Although it is generally a [...]
The Securities Investor Protection Corporation – SIPC
There are several ways to hold your investments (for more information, read all about investment holding methods). Most ordinary investors own their stocks, bonds, mutual funds, and other securities through their brokerage accounts. The result is that the firm itself technically owns the stock and holds it on behalf of their clients. If and when [...]
Is a Full Service Broker Right for You?
In a world of discount brokers with $10 trades, is there any reason to return to full service brokerage firms with their commissions that can sometimes run as high as $400, $600, or more per trade? Believe it or not, there are some of you that might be better suited for these types of full [...]
The Biggest Rip-Off Fees of All
Comments OffA few days ago, I was reading through the commission schedule of a major East Coast bank and was shocked to find that customers were charged $25 per position, up to ten stocks for a maximum of $250, for “safe keeping” fees on the stocks in their account. Now that we are in an age [...]
