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> Considering that trades are now free at major brokerages, this doesn’t seem very interesting? Free might be too expensive. We don’t need to stop there. They
by Scoundreller 5y ago
> Considering that trades are now free at major brokerages, this doesn’t seem very interesting?
Free might be too expensive. We don’t need to stop there. They might be making enough money to pay us.
Just like Facebook and google are free, they could pay us to use them with the profit they make from us.
I deal with a credit union and they pay me $5/yr for having an account (well, I did buy a $5 share to become a member).
- lotsofpulp 5y ago> Free might be too expensive. We don’t need to stop there. They might be making enough money to pay us. Why does one of the brokerages not pay us then? Did they all sit at a meeting and discuss with each other that they should compete until it is free, but to cease competing after that?
- quickthrowman 5y agoIKBR will pay you a portion of the interest they earn lending out securities if you let them lend yours out.