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> I was thinking of transferring some money to that little guy Brown.
> $5 a trade sounds great. What happens if they go bankrupt?
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Bill:
I feel that discount brokers can and might got to 0% commissions
to attract new clients and they still make money.
Don't forget, the deep discounters donot deal with the 3 day
settlement. You have to have cash in the acct to trade.
They invest your cash at 7% and give you 4% on your money
wether you trade or not. Easy money for them.
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