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Another poster I really like to read and glean thoughts from.
I read your response to my posts with Bruce Brown and I'm a little confused about your answear. I always try to keep my commission costs down and while I don't succeed to 1% its usually there abouts. I recently got into RMBS at 135 and was able to afford 10 shares so at Scottrade my $7.00 cost was 1/2%. But when I got my 2 shares of BCRD at 264 I went over that amount. I'm in a situation now that I don't know when I'll get funds to invest and if I see a company I think will give me good returns after the required DD I try to get what I can. Unfortunatly since I don't plan to trade my stocks I can't depend on them to run up in price and give me trading cash, I just expect them to give me independance down the road. So a few shares here and there and when I get lucky and something like QCOM goes down for no apparent reason I was able to get more and bring my overall cost basis down. It may seem funny but I always figure my commissions (not only to buy but also for when I will sell) into my original cost basis therefore if my portfolio shows it is up 15% I know that if I liquidated it I would realize a true 15% gain on invested money. Really just being lazy and not doing more figuring. Anyway I've only had to sell once so far (knock on wood) and I feel that things are going well so far and would like to thank all the posters that have donated time, research and ideas to these boards that I was so fortunate to be able to use. Thanks
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