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Strategies & Market Trends : Dividend investing for retirement
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the traveler
To: sm1th who wrote (26243)1/3/2017 10:24:07 PM
From: Kip S1 Recommendation  Read Replies (1) of 34328
 
Yeah, odd lots were even worse. I wouldn't even consider them. Even with 100 shares, it took $5 on a round trip just to cover the brokerage costs.

OT: Memory Lane:

I do remember the first (and only) stock I bought at those commission rates. It was Chrysler, which I bought at 24 and sold nine months later for 36. Despite that outcome, I remember quite clearly thinking at the time that I was NOT a genius--just a little good, and lucky. Although it doesn't sound like much, multiply that profit by 6-7 to put it into today's dollars. I was in school at the time and living frugally. That was enough to keep my bills paid for nearly a year and a half--although I saved the proceeds. :-))

OK, stroll over. Hope no one fell asleep.
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