So nice of them to pay the order fee for us!
Posted Sep 14, 2021, 8:34 PM UTC
1.5K30
This is why some “meme” posts need to be valued as quality contributions. This is genuinely the best simple form explanation of PFOF I have ever seen.
Great job ape 🍌
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Agreed
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Dang that’s deep
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Paying for every buy. I know I'm not the product.
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this should be sent to GG as well as the U.S. House Committee on Financial Services
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Nail on the head 🔨
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Fantastic explanation!
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I’m going to inventory my life and see how many things I’m a product for
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The congressman or senator who was complaining about $15 order fee, stating that retail investors have to make a 15% return if the stock is at $100 just to break even… is the most obvious point that PFOF is a joke. Who’s buying one stock at a time?!?!
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Wait I don’t pay for Reddit…
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That's why you see ads.
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……cold🥶
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My favorite Facebook quote. It’s free, you’re the product.
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You're the product being sold. Unless you hold.
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Just gold!
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A while back with Scottrade I had $7 trades and had no issues with that if I was buying a bulk trade of a security.
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Omg, we are the pigs!!!! Fuckem, i dint care about fees, I'm a damn fucking ape
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Do more! I’m pretty smooth but I have worked my way through most of the DD and it makes sense, though it’s hard to remember. This helps me remember!
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Someone said on REDDIT
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Some shareholders are equal.
But some shareholders are more equal then others.
Know your lesions, know what has been warned about many years ago!
This old man was telling you the truth!!
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I pay a $9.99 per trade fee through my brokerage and i do it gladly as they do not use PFOF, nor can they in Canada.
It's expensive but at least I am not the product (as much)
I'm happy to pay it as well, it ensures that I'M the customer and that they are focused on making ME happy.
I pay ~3.95€ per trade fee (idk what's that in $) but better than being used
3.95€ = $7 CAD and yes exactly.
❤🔥
National Bank dropped all fees on trades. Options have like a 2 dollar fee. That's the extent of it.
I read somewhere that they can in Canada …
PFOF is banned in Canada
There’s a fine print