SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary M. Reed who wrote (71)3/4/1997 9:28:00 PM
From: Investor2   of 42834
 
Regarding your March 4 reply (Reply #71), I have three comments/questions:

1. You discussed the case where the stock was purchased on the Midwest Exchange, and this increased the share price paid by $0.125. Is the share price of purchases at all non-NYSE exchanges higher than if the same purchase made at the NYSE? Is the increased cost (1/8th in your example) some type of service charge or fee? Is there some way to ensure that we are getting the best share price, other than a limit order?

2. You discuss at great length how a discount broker does not serve the individual stock investor's needs as well as a full-service broker. You go on to use this as evidence to discredit Bob Brinker. Mr. Brinker specifically states that he recommends mutual funds for the core a well diversified portfolio, not individual stocks.

3. I also noticed Bob's emphasis on the subject of increasing the margin rates from 50% to 80%. I don't understand this stance, since I believe that only a very small percentage of the multi-trillion-dollar equity market is owned on margin and increasing the margin will have little effect on the long-term market direction.

I look forward to your response.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext