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Friday, June 2, 2017

Nothing like zeroing the spare cash in the Robinhood Account. Recent buy T

It's a fantastic feeling to know that all of the money in your brokerage account is working for you. I'm not writing about the money that you have waiting to pounce should the market dip. I mean the left over change in the brokerage account after a buy. One of the drawbacks to Robinhood is that I can't buy fractional shares. I understand the reason behind it. With free trades they need to make money somehow.

But by chance today I notice that T is trading at 38.85. Which is lower than my overall cost basis. I look in my Robinhood account and there is 38.83 in there. So I decided to put out a limit buy for 38.83 just to see what happened.

There it is one more share of T for 38.83. I'll take it.

5 comments:

  1. Good job one stock at a time that is how it is done

    ReplyDelete
  2. D&H,

    That's the plan. Every once in a while I find a nice chunk to invest. But definitely scrapping for most my buys. As always thanks for the encouragement.

    ReplyDelete
  3. Nice buy. This is one of my favorite stocks to own.

    ReplyDelete
  4. RH is such a great tool to pick up single shares. I have a few stocks (CSCO, HRL) that are great for when I have an extra $35 in my account. Nice job

    ReplyDelete

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