Chapter 18: Recommended Exercise (Not an assignment!)

Recommended Exercise

If you plan on buying individual stocks and bonds, you are going to need to choose a brokerage firm. (Actually, you can bypass a brokerage firm by always choosing companies that offer DRIPs. But that means also bypassing the companies that do not offer DRIPs. The companies that do not offer DRIPs tend to be the mid-cap and small-cap companies and newer start-up companies. Hey! Maybe only sticking with companies that offer DRIPs is not such a bad thing!) This is not an assignment. There is nothing that you need to submit.

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Speaking of brokerage firms, here is an article from that horrible, terrible, no good, Communist-inspired, terrorist-sympathizing, liberal! rag^*, The New York Times Links to an external site., that once again demonstrates how important it is to get a good referral when choosing a brokerage firm.

Fast Growing Brokerage Firm Often Tangles with Regulators Links to an external site. - (Free link to article for 30 days from 6 March 2025 Links to an external site.)
Slime Bag Broker Rapes Elderly Client Links to an external site. And if I read the article correctly, he is only getting a 3-month suspension?! Portfolio turnover rate of 1,400%!?
Yet another slime bag broker who should go to jail Links to an external site. Instead is just barred from the industry. Big deal.

NOVA: Betting on the Market Links to an external site. One last time to remind you that investing is risky. Go to 27:15 of video and listen to Sharon.
AMLN stocks gets hammered next year Links to an external site. Amylin Pharmaceuticals fall over 95%.

Also, let's revisit the Robotic Trading Account from Fidelity Links to an external site.. It's very bizarre, in my humble opinion, and it was expensive.
Video Links to an external site. - Audio Links to an external site.

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^* Please forgive the irony and sarcasm. It is one of the only things that is helping me cope with the current events in our nation.