05-01-2014, 09:41 PM
(This post was last modified: 05-01-2014, 09:45 PM by Dividend Watcher.)
My, my wife's and mother-in-laws account are all at TDA. No complication and never have a problem calling although that's rare.
It's seems commissions are higher than Vanguard and Fidelity but, several have told me to call and complain and they'll lower them. Just haven't gotten around to it yet. I trade seldom enough that it's not really noticeable on the returns anyway. My account is the most active just because it has the biggest balance but most trades work out to less than 0.5% expense on the trade. Back in the old days, when TDA was Waterhouse, I used to pay $35 per trade using a touch-tone phone. Even further back, I used to pay $80-85 per trade through my full-service regional broker so $9.99 still seems pretty good to me.
That's too bad about Computershare and their expenses. I was thinking of a UGMA account for the grandkids to stash birthday and Christmas money but not with those fees.
It's seems commissions are higher than Vanguard and Fidelity but, several have told me to call and complain and they'll lower them. Just haven't gotten around to it yet. I trade seldom enough that it's not really noticeable on the returns anyway. My account is the most active just because it has the biggest balance but most trades work out to less than 0.5% expense on the trade. Back in the old days, when TDA was Waterhouse, I used to pay $35 per trade using a touch-tone phone. Even further back, I used to pay $80-85 per trade through my full-service regional broker so $9.99 still seems pretty good to me.
That's too bad about Computershare and their expenses. I was thinking of a UGMA account for the grandkids to stash birthday and Christmas money but not with those fees.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan