Commission Question
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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? |
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