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UPS Discussions
$70 a share...sorry ,but im excited
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<blockquote data-quote="Just Numbers" data-source="post: 726160" data-attributes="member: 22877"><p>Upstate, I know where you are coming from because I was in the same boat with brokers and mine charged me a lot more per trade. I just got so fed up that I basically told him to go screw himself with his transactions fees. I went to Scottrade and am very happy with them. They did the paperwork to transfer and paid any fees to do so. Now I can trade with just a few clicks on the computer. I can buy a 1000 shares and then sell them in the same day and my total cost would be a little more than $14.00! If the stock only went up 2 cents I more than covered the cost of the transaction. As to the dividend my transaction cost on 1000 shares to get the dividend would be roughly $56.00 for the entire year while what I received in dividends would be $1880.00! The rest of the year I can use my money to make money and it doesn't matter whether I buy UPS, FEDEX, COKE, BEST BUY, CSX, ect. Everyone seems to get excited when UPS hit $70...do they remember when in Dec '04 it was in the mid $80's. This was years before the economy tanked. The phrase "don't worry...it will come back" was heard all the time...well, I am still waiting almost 6 years later!!! Don't misunderstand me as you can make money with your money...you and also lose it. Make your gains outnumber your losses. <img src="/community/styles/default/xenforo/smilies/FeltTip/happy2.png" class="smilie" loading="lazy" alt=":happy2:" title="Happy2 :happy2:" data-shortname=":happy2:" /></p></blockquote><p></p>
[QUOTE="Just Numbers, post: 726160, member: 22877"] Upstate, I know where you are coming from because I was in the same boat with brokers and mine charged me a lot more per trade. I just got so fed up that I basically told him to go screw himself with his transactions fees. I went to Scottrade and am very happy with them. They did the paperwork to transfer and paid any fees to do so. Now I can trade with just a few clicks on the computer. I can buy a 1000 shares and then sell them in the same day and my total cost would be a little more than $14.00! If the stock only went up 2 cents I more than covered the cost of the transaction. As to the dividend my transaction cost on 1000 shares to get the dividend would be roughly $56.00 for the entire year while what I received in dividends would be $1880.00! The rest of the year I can use my money to make money and it doesn't matter whether I buy UPS, FEDEX, COKE, BEST BUY, CSX, ect. Everyone seems to get excited when UPS hit $70...do they remember when in Dec '04 it was in the mid $80's. This was years before the economy tanked. The phrase "don't worry...it will come back" was heard all the time...well, I am still waiting almost 6 years later!!! Don't misunderstand me as you can make money with your money...you and also lose it. Make your gains outnumber your losses. :happy2: [/QUOTE]
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$70 a share...sorry ,but im excited
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