http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/ A narrative financial and investment column Fri, 20 Jan 2012 15:48:59 +0000 hourly 1 http://wordpress.org/?v=3.0.4 http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/comment-page-1/#comment-10 Herbie Fri, 11 May 2007 02:37:43 +0000 http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/#comment-10 Excited about the ability to trade individual stocks?! I'll bet you have been reading the Jim Cramer book instead of the ones by Bogle and Malkiel. It's your money, and I guess I could understand if you decided to devote 5% of your portfolio to play. But read Bogle and Malkiel, and keep your serious money in STAR or a Target Fund. Excited about the ability to trade individual stocks?! I’ll bet you have been reading the Jim Cramer book instead of the ones by Bogle and Malkiel. It’s your money, and I guess I could understand if you decided to devote 5% of your portfolio to play. But read Bogle and Malkiel, and keep your serious money in STAR or a Target Fund.

]]> http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/comment-page-1/#comment-9 Jon Thu, 10 May 2007 23:43:10 +0000 http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/#comment-9 It turns out there's no fee to close your account, but fees on the various ways to actually get your money back. Their automated customer account transfer (whatever that is) is $50, and wiring the fees costs $15. I'm not sure if there are any other options to get your money back besides those. It turns out there’s no fee to close your account, but fees on the various ways to actually get your money back. Their automated customer account transfer (whatever that is) is $50, and wiring the fees costs $15. I’m not sure if there are any other options to get your money back besides those.

]]> http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/comment-page-1/#comment-8 Plus6 Thu, 10 May 2007 19:09:37 +0000 http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/#comment-8 How much does it cost to withdrawal your money at Zecco? The no-fee trades is pretty tempting as long as they do not nickel and dime you on all the little stuff. How much does it cost to withdrawal your money at Zecco? The no-fee trades is pretty tempting as long as they do not nickel and dime you on all the little stuff.

]]> http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/comment-page-1/#comment-5 Willster Wed, 09 May 2007 23:04:41 +0000 http://www.moneymythos.com/2007/05/09/zecco-the-siren-song-of-commission-free-trades/#comment-5 Let me know how it goes if you do end up signing up for an account! I just noticed the site as well and was pretty skeptical at first until reading that they're fully insured and at least have been around for a short time. They look like a great potential option for budget investors. Let me know how it goes if you do end up signing up for an account! I just noticed the site as well and was pretty skeptical at first until reading that they’re fully insured and at least have been around for a short time. They look like a great potential option for budget investors.

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