|
OT - ALU
<p>OT - ALU - I know I've posted this before, but am
considering buying some more either pre- post- or both earnings. In
calculalting how many shares $5k would buy, 1400-1500. I'm still
somewhat astounded that the bank/brogerage fee of .02/share would
come to about $300 on that trade. And, as I've written, that's a
fee that can be imposed, apparently, repetitively - I see some ADRs
that do it as frequently as quarterly. Unless I'm missing
something, that's a hell of a commission.</p>
|
|
It is undfortunately a hig fee. I think the
Spaniards do it too (I have seen that with my Telefonica shares,
but once a year only, I thought) The French do it, what other
countries are doing it? Darn Europeans! (Sorry Jester)
|
|
Author:
|
LongTerm
CapGains
|
|
Subject:
|
Off Topic
|
|
Sentiment:
|
Neutral
|
|
Date:
|
05/05/15 at 1:26 PM CDT
|
|
OT - lt cap, uh, my decimal was off by one digit. It's actually
$30, not $300. I blame my calculator
But I wasn't aware until recently that it seems like all ADRs do
it, at least once (only in buy-in, never on cash-out is what my
brokerage said) Not as bad as seeing most European companies who
don't directly list on the American exchanges take a good hunk of
their taxes out of dividends. It's a write-off on taxes but a big
net loss - unless you count the altruism of funding some French
guy's retirement benefits.
|
|
Author:
|
Jam
ok
|
|
Subject:
|
Off Topic
|
|
Sentiment:
|
Neutral
|
|
Date:
|
05/05/15 at 1:39 PM CDT
|
|
0
0
