Falling Fees
Commissions at some brokerages have fallen so far - to zero, in some cases. Leading the brokerage pack is Zecco.com, which offers up to 40 free trades a month.
Others offering free trades are Wells Fargo and Bank of America. The latter two firms each require a minimum account balance of $25,000 to get free trades, while the Zecco minimum is only $2,500.
No-commission trades will make it practical to DRIP into the high-fee DRIP companies through a broker instead of through the DRIP.
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Others offering free trades are Wells Fargo and Bank of America. The latter two firms each require a minimum account balance of $25,000 to get free trades, while the Zecco minimum is only $2,500.
No-commission trades will make it practical to DRIP into the high-fee DRIP companies through a broker instead of through the DRIP.
* * * * *
posted by Bob Moser at
3:19 PM
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