Having free trades got me into the habit of trading.
October 4, 2007 – 7:41 amIf you're new here, I suggest you subscribe to my RSS feed. or bookmark this blog. You'll be able to easily keep up to date with new posts. Thanks for visiting!
When I was with Sogoinvest, which charged $3 a trade, I never traded my investments as much as I do now at Zecco. Generally I consider myself a buy and hold kind of person and most of my investments generally are. However, I did a whopping 30 trades for September. Penson (Zecco’s clearing firm) also sent me a confirmation for each trade too so I have a little stack of them too.
On the side note, my portfolio at Zecco started with $6,300 and has grown $1,845 since July 25th. That’s 29%! Yeah, I know I’ll owe short term capital gains tax but since I’m in the lower brackets, however I’ll most likely owe only 10% or 15% (most likely 15% since I’m going to pass the $7,550 bracket this year).
Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com
