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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (36681)8/12/2000 10:47:10 AM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
Brian, a new type of mutual fund, designed by the individual investor for $295 per year, sounds interesting. So far only FOLIOfn offers it, but E*trade is expected to get into this by end 2000. Includes unlimited trading, but I haven't checked it at the source.

mercurycenter.com

>The FOLIOfn concept is straightforward. For a flat commission of $29.95 a month, or $295 annually, you may fill as many as three portfolios with up to 50 stocks each. You may trade your stocks as frequently as you like at no extra charge, though FOLIOfn executes its trades only twice a day. (It charges $14.95 if you can't wait.)<

Gottfried



To: Proud_Infidel who wrote (36681)8/14/2000 2:24:02 AM
From: mitch-c  Respond to of 70976
 
However, investors look at ANY spending above the mean as leading to overcapacity.

I can occasionally get a rise out of the "tax the rich" crowd by summarizing their position as follows ...
"So, you would agree that everyone in the country should have an above-average income?"
The answer, surprisingly often, is "Of course!"

I think most threaders here are smart enough to spot the conundrum.

BTW- With a tip of the hat to Dr. Mitch White, also from Austin, I've changed my alias to "OtherMitch." Hopefully this will avoid confusion. I'm not responsible for his brilliance, and he's not responsible for my drivel ... <g>