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Re: E*trade, TD Ameritrade Implode After Schwab Eliminates Online Trade Commissions 

By: capt_nemo in POPE 5 | Recommend this post (1)
Wed, 02 Oct 19 3:00 AM | 22 view(s)
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Msg. 41148 of 62138
(This msg. is a reply to 41143 by Decomposed)

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YEAH, What DE said




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: E*trade, TD Ameritrade Implode After Schwab Eliminates Online Trade Commissions
By: Decomposed
in POPE 5
Wed, 02 Oct 19 2:33 AM
Msg. 41143 of 62138

Zimbler0:

Re: "Schwab HAS to be making money off the rubes somehow."
Schwab does more than just execute stock transactions. I was just approved for a Schwab Amex card, for instance. (It'll replace my old Amex card.) Schwab has banking, currency exchange services, investment advice, brokered transactions, etc. It has a lot of ways of making money.


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