2006-12-17 10:29:14 · 4 answers · asked by uraa01 1 in Business & Finance ➔ Investing
Yes, you pay on both sides of the "round trip" - however, you can transfer your shares to another brokerage firm with lower costs at no charge.
2006-12-17 10:35:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, you will be charged again if you sell. If the value of the stock goes up and you sell, then you'll subtract the $32 from the profit you made. If you are concerned about $32 when you are investing, then you might want to rethink your strategy. A long term trader would be holding a stock for 5, 10 or 15 years and longer. The gain in value would easily cover the cost of the trade. You might check out stock advice from http://www.marketedge.com or Value Line (usually available at the library or split the cost with a friend.)
2006-12-17 18:41:55 · answer #2 · answered by Gary B 3 · 0⤊ 0⤋
There is a (commission) fee for buying and selling securities, such as stocks, warrants, options, etc. Count on the same $15.95 charge. The good news (if you itemize deductions) is that you can deduct the fees on your income tax.
2006-12-17 18:36:04 · answer #3 · answered by PALADIN 4 · 0⤊ 0⤋
Yes - I'm afraid so - the worst part is if you buy in another currency - you will lose a lot on the currency spread (conversion costs).
2006-12-17 20:03:43 · answer #4 · answered by LongJohns 7 · 0⤊ 0⤋