Log in

No account? Create an account
30 August 2007 @ 02:09 pm
Random Updates  
First off, thanks to everyone who posted on the last entry. Snark was indeed a good snake, and it was touching to see how many guests in our home remembered her fondly.

Other stuff has been changing recently, as well! For starters, my trusty old Saab was starting to have more and more trouble with the daily commute. So while it was still trade-in-worthy, I traded it in, and bought my first ever new car - a 2007 Subaru Outback:

I was gratified to see as I drove off that the Saab was already being cleaned up for sale at the dealership...It's in a college town, and will most likely make for an excellent student car. Happy retirement, old gal.

Work itself has been quite insane; not going to go too much into it here, but it's mostly been good stuff. Hopefully there won't be any more 300-hour months for a while, though!

Switching gears, sans clutch...I may be moving more money into investments starting next year. Before we bought the house, I had a Scottrade account; it's now inactive, but could be reactivated. I was fairly pleased with them, but it's been a number of years. Anyone have any alternate recommendations? I'd mainly be placing market orders, buy-and-hold, no Options or anything.

And lastly, some may have noticed the adorable snake-face in my userpic. It's from an image I commissioned from the talented and snake-loving Bowrll, of a snuggle between my snake-character and enveri's wah. Tooth-rotting, so be warned!
Current Mood: busybusy
Rattus scientificusskorzy on August 30th, 2007 08:10 pm (UTC)
I switched my brokerage from Scottrade to Zecco.com a couple months ago. Two major reasons. 1: I'm a "small" investor, so the $7 fee/market order was killing me and prevented cost-effective incremental purchases with each paycheck. 2: They have never implemented a way to automatically reinvest dividends in to the same security. This is the primary reason I finally switched. You're losing alot of compounding if you're not reinvesting this way.

Zecco is pretty bare bones and my only real complaint is their help desk. I've sent emails that have never been answered. However, I really don't *need* the help desk that often, so its a passable failure. Calling them on the phone has been enough. Setting up the account, linking and funding was all pretty easy. They give you forty free market trades per month, up to ten per day, and subsequent ones are $3.50 each. Their research tools are lacking, relying primarily on Fool.com for that, so you need to find external tools for yourself. (Personally, I keep using my Scottrade account's tools for this, as well as fool.com).

I do like that even with a zero balance I can use my Scottrade account research tools, but I'll probably officially "close" it if they change that policy or implement minimum account balances etc. Unlikely, since the competition in online brokerages are fierce.
Brendan: Happysnakeroho on August 30th, 2007 08:35 pm (UTC)
Okay, the part about auto-reinvest pretty much sold me right there. I don't care so much about research tools; I've got a high-end brokerage account that comes with my Credit Union, and has some great research tools. Unfortunately, they charge $26 for an order, sooo...not really using them much for that ;) I always wished for a way to reinvest dividends; I could do it in my 401(k), why not brokerage accounts?

If there's any bonus you get for referring someone, email me your username!
Rattus scientificusskorzy on August 30th, 2007 08:46 pm (UTC)
I think Zecco makes a $50 donation to the Autism Society of America charity with a new customer referral. I .. think I need to send you a link first to get that started? What's your preferred email addy for this?