Does any of you periodically hop brokerages to get sign-up rewards (e.g. cash, free trades, etc)??
i posted this question also on r/churning fyi... i don't know if that's a problem.
some brokerages offer very handsome sign-up bonuses, and if you just request your shares and notes to be transferred, you don't really lose out on anything (maybe a few days of trading).
for example: assuming these bonuses will be there in the future, rotate your assets among tdameritrade, etrade, and scottrade every year to get cash bonus and free trades? Any thoughts?
Posted Apr 15, 2016, 2:18 AM UTC · edited
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