Thread: online brokers
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Old 02-12-2006, 08:47 AM   #3 (permalink)
soma
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scottrade

But the thing is, to get in and out of your xm position, you have to pay 14 dollars. And let's say that you invest the full $200. That would mean commission alone would cost 7% of your initial investment, so you would have to have at least a 7% return on your 200$ just to break even.

Just something you should consider before starting investing. It's not easy money, but best of luck.
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