|
PureBytes Links
Trading Reference Links
|
Join the sore butt club! I was raped by Fidelity on comparable sized TBond
orders a year or so ago and posted info here. Commission was free both ways
on large orders, however they cleaned my clock on spread (Fidelity is
dealer) when I sold. Fidelity quotes competitive prices online for online
purchase but nothing online for selling ... should have sniffed that one out
before I was sucked in.
Every time I wire a large sum from Fidelity into Interactive Brokers,
Fidelity calls to ask if there is a problem and gets an earful. So far they
have not refunded any of the $5k+- I was charged in spreads.
More recent bond purchases (high grade municipal and foreign) have been via
closed end funds at discount ... very happy with these. I would use the new
Lehman indexed ETF's for treasuries (SHY, IEF, TLT) and corporates (don't
remember the symbol). Also have account with Treasury Direct. I will never
purchase bonds through a broker again!
Earl
----- Original Message -----
From: "Howard Hopkins" <hehohop@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 03, 2003 10:10 AM
Subject: [RT] commission on corporate bonds...
> RT,
>
> We just got raped on a purchase of $200k of corporate bonds. The broker
we used charged us $1,000 commission. How does this compare to other full
service brokers? Can corporates be purchased through any discount houses?
>
> Thanks,
> Howard
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get A Free Psychic Reading! Your Online Answer To Life's Important Questions.
http://us.click.yahoo.com/Lj3uPC/Me7FAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|