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I'm either cheap or frugal - I'll accept cheap bastard with pride in this case


MickinMD

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I closed out my E*Trade account today - I'm switching to Schwab due to better research and ability to buy fractional shares from $5 to $150 with no fees.

I had switched from E*Trade to DRIP plans and for years, but I had a tiny fraction of a share remaining at E*Trade due to a reinvested dividend that came in after I had sold my last stock.

That stock slightly grew with very tiny additional reinvested dividends over the years and I sold it for $2.10 today.

I was asked by the computer close-out program if I wanted E*Trade to donate the $2.10 to charity or send it to me as a check.

I'm getting a $2.10 check! It will probably cost me more in gas to drive the check to the credit union but I'm not giving E*Trade a free write-off!

 

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9 minutes ago, MickinMD said:

I closed out my E*Trade account today - I'm switching to Schwab due to better research and ability to buy fractional shares from $5 to $150 with no fees.

I had switched from E*Trade to DRIP plans and for years, but I had a tiny fraction of a share remaining at E*Trade due to a reinvested dividend that came in after I had sold my last stock.

That stock slightly grew with very tiny additional reinvested dividends over the years and I sold it for $2.10 today.

I was asked by the computer close-out program if I wanted E*Trade to donate the $2.10 to charity or send it to me as a check.

I'm getting a $2.10 check! It will probably cost me more in gas to drive the check to the credit union but I'm not giving E*Trade a free write-off!

 

Deposit the check with your phone.  

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