Communications
club_cafe
HelpRegister
Commission Question
Thank you very much for the advice. At mystockfund.com you
purchase stocks on an autoinvestment schedule at .99 per
trade with a max of 10 different stocks to equal their
monthly minimum comission fee of 9.90. The amount desired
to invest in just the stock is pulled from our checking on
the date we choose to invest in these 10 different stocks
for dollar-cost averaging purposes agreed upon by our group
and the 9.90 min commission fee is then pulled from our
checking separately on the predetermined time by our
brokerage. So there is two different transactions taking
place in our checking each month. First one for the amount
auto investing into our stock and the second for the
commission. Would this still be deductible? or it could it
just be a misc. fee?