Marcos, thanks for your reply. You're right about not changing horses. My tax basis in TD is so low, it wouldn't be worth it to change. I got involved with Waterhouse around 1991 or so. I was using Schwab, when they raised thier rates, which made me mad so I looked around for a deeper discounter. I landed at Waterhouse, and loved their service and prices. When I found they were also a stock, I began buying and buying.
Anyway, here is a post I put up in the Motley Fool TD board on AOL (I am about the only poster there, btw)
Food for thought department: (From Bizinsider)
"Boring can be better: Last week's item on investing in community banks prompted private bank investor Joe Garrett, of Berkeley, to do some calculating. He found that if you invested $10,000 in Microsoft and Citicorp on January 1, 1992, and sold it on January 1, 1997, you would have made $70,000 with Microsoft and $131,000 on Citicorp."
Just for fun, I did the same calculation for my investment in Waterhouse/TD Bank. I first invested in Waterhouse on 9/24/92 at a split adjusted price of $2.70 per share. So, if you had invested $10,000 in Waterhouse and Microsoft on 9/24/92 and sold today (6/16/97), less than 5 years later, you would have made $65,483 with Microsoft, and $114,352 with Waterhouse / TD Bank. So, now I don't feel so bad about missing out on Microsoft all these
years! RR
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