Broker Detective Blog

rockbottombottom asked:


Hello

besides getting paid brokerage fees, how else do stockbrokers make money?

Besides trading with the market rumours they *should* be privvy to, what are some of the other ways, legal and not so legal they make money?

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IMPERVIOUSLY GRACIOUS asked:


As the respondent, I’ve been to court at least 4 times for the petitioner’s refusal to abide by by the Court’s orders. The Missouri Appelate Court upheld the Circuit Court’s ruling, yet the petitioner continues to arrogantly refuse to abide by the Court’s orders. The Court ordered the petitioner to provide our children with financial security and college support, etc. After almost 6 years of litigation at my personal expense of nearly $100,000, I strugle to maintain the lifestyle which my children were accoustemed to and which was guaranteed by Missouri law. I have had 3 types of cancer and I am now indigent and unemployable. The petitioner continues to be in contempt. I want to know if the advocate for the girls has any obligation to help enforce the legal ruling of the Circuit Court and the Missouri Appelate Court.

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rickyy428 asked:


been looking around for a online broker that would allow me to quickly transfer money from my bank accounts to the broker accounts without wire transfers or checking writing, it seems
e-trade is the only one so far. Fidelity im not so sure about but it did mention something about outgoing funds transfers. So i’ve been curious about td-ameritrade…

Thanks for any answers
ya i’ve read about that possible merger, but its still up in the air it seems, td is more geared to low rates on commissions and e-trade is focused on expanding more than just it’s brokerage business. However, td has been thinking of expanding it’s operations from just low commissions as well. it would be interesting to see if that merger does go through, it would surpass charles schwab in terms of market share.
anyhow yes on to my question hehe,…so it seems both fidelity and td-ameritrade both allow outgoing and incoming electronic transfers.

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Irving L asked:


Why can’t we trade directly? The transaction fees are unnecessary. We should be able to purchase the stock or any other vehicle with no middleman.
I get the stock exchange idea, but paying the online broker $10 per trade seems ridiculous. IMO all it is just the trade union, like, effort to keep making money.
Brokers have to access the market somehow. I can not imagine them posting ads in NY Times.

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InformedTrades asked:

http://www.informedtrades.com/

The next lesson in our course on how to trade stocks which covers how to close open stock positions using market, stop, and limit orders.

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Lilly asked:


How do I change stockbrokers? will there be a fee if I move my accounts from LPL to another company?
Thanks

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wi_guy asked:


I’m looking for a good place to put money away in CDs or Money Market Funds. Schwab has been recommended to me by many because they have a really great website that makes it easy to transfer money around.

What are some other good companies? I want to make the best decision in order to save up to purchase a house when the market comes back down in a few years.

Thanks!

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jagdish_sangyam asked:


I file a case under Sec.138 of NI. Act, now the Accused has paid money back therefore I want to withdraw the complaint. I was told I have to file u/s.157 an application. Can you show me the specimen

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Fredric MD boy asked:


autodownload only gives sale data not date of purchase and cost. I can see all data in charles schwab on line but can’t figure out how to get it electronically to turbo tax

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Lis asked:


Bush insisted on a bill in the Homeland Security Act that exonerated the Eli Lilly Corporation(longtime family friend) from thimerosal litigation. Thimerosal is a mercury-based product used to prevent bacteria in vaccines. It was suspected of causing autism, and massive lawsuits were pending. The pretext was the need to protect Lilly from litigation so they could protect us from smallpox.(anybody got smallpox yet?)
Don’t embarrass yourselves by challenging these facts, it’s all a matter of public record. Rather, talk to a family who has an autistic child after excessive thimerosal-laden vaccines administered before the age of six months. This is beyond politics, it is simply amoral. Can ONE Republican be intellectually honest enough to admit it?

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