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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (10920)	2/6/1999 10:51:00 PM
From: henry jakala	Respond to of 16892

hmmm - Mama Bear has a point there - .33 every month, month in and month out - LOL !

To: Mama Bear who wrote (10920)	2/6/1999 11:41:00 PM
From: Spots	Read Replies (1) \| Respond to of 16892

>>had the .03 been left in the account, Datek would have had to have generated a statement every month in perpetuity. I let them keep the last .01 in my account Well, now, Barb, first, think how much of a high-prestige item an .01 check from Datek would be. Nobody'll ever beat it and even if they tied, you were first <g>. Second, you have to OPEN that statement every month (do you dare not? what if they've debited your account 9.95 for a check order in, say, 2003?) <gg>. Third, suppose after a long enough time they pay you .01 INTEREST on that balance. Now you get a 1099 ..., or maybe your heirs (well, maybe their heirs) <ggg>. Fourth, what if the feds decide to investigate strange accounts under the "know your investor" rules? ... it's happening in banks (:. Fifth, well, it bloody never ends, does it? Nawp, got my checks (.03 from one account, .09 from another), got my zero balances, done with it. Of course, I'm not cashing the checks .... <GGGGG>.