About to get no-trading fee; any quick picks?

[ptmusic]

Hi all. I have bout $2000 cash in my ETrade account. I am going to get dinged with a $40 fee because I haven't traded in the last 3 months. So I can keep my cash in cash, or I can buy something for the standard $15 fee and save the $40... in effect a net plus to trade (reasons why it isn't need not be listed). I don't want to sell any of the stocks I currently hold.

I am going to buy today or tomorrow at the latest. What are your 3 picks?

I will likely hold whatever I buy for at least 3 months. Note that holding on to the cash and taking the $40 hit can be a "pick".

[notluck]

In many cases it takes more than 1 trade, i think 3 is the min. Check to be sure.

-Alex

[dc_publius]

Etrade charges $15 these days? And inactivity fees?

Ditch them.

[hawk59]

Making a $2000 trade to avoid a $40 fee is not smart.

[ptmusic]

[ QUOTE ]
In many cases it takes more than 1 trade, i think 3 is the min. Check to be sure.

-Alex

[/ QUOTE ]

I just checked--it's still 1 per quarter.

[ptmusic]

[ QUOTE ]

Etrade charges $15 these days? And inactivity fees?

Ditch them.

[/ QUOTE ]

I just checked--they dropped it to $13 for stocks. And yes, they do charge a $40 inactivity fee.

[ptmusic]

[ QUOTE ]
Making a $2000 trade to avoid a $40 fee is not smart.

[/ QUOTE ]

I understand what you are saying, however, getting charged $15 for a trade is less than getting charged $40 for not trading. Secondly, I don't have to use all $2000. I could buy 1 share of a cheap stock for example.

[Sniper]

[ QUOTE ]
I could buy 1 share of a cheap stock for example.

[/ QUOTE ]

Whatever you do, do not do that! [img]/images/graemlins/smile.gif[/img]

What do you have in the rest of your portfolio? (use the 2K to diversify better)

[Carl_William]

SSD

[Carl_William]

Get another Broker....

But one problem with that is they may charge you $40 or $50 to move your account.....