tag:blogger.com,1999:blog-316583760554792907.post7265163160286695800..comments2023-06-18T06:03:54.348-07:00Comments on Racing Towards Retirement: New Financial Products: Loyal3RAnnhttp://www.blogger.com/profile/04102249990885174107noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-316583760554792907.post-81740541195410802262015-07-24T22:46:54.272-07:002015-07-24T22:46:54.272-07:00I don't know about Loyal3, though I assume the...I don't know about Loyal3, though I assume they issue tax forms like everyone else. We have mutual funds outside our IRAs and when we sold them to move to another fund, we got a tax form that I was able to plug into our return. RAnnhttps://www.blogger.com/profile/04102249990885174107noreply@blogger.comtag:blogger.com,1999:blog-316583760554792907.post-56749362608273717562015-07-21T13:08:27.986-07:002015-07-21T13:08:27.986-07:00How are the capital gains (and Losses) kept? We ha...How are the capital gains (and Losses) kept? We haven't "played" outside of our IRAs in a long time. I remember that piece being a nightmare come tax time. Do short sales work the same way (under a year in a stock?)Janettehttps://www.blogger.com/profile/10054888725603183006noreply@blogger.comtag:blogger.com,1999:blog-316583760554792907.post-48413902194383628102015-07-20T05:28:39.694-07:002015-07-20T05:28:39.694-07:00They generate fees from the companies whose stocks...They generate fees from the companies whose stocks they sell; they aren't real clear about how they do that. They also generate fees for IPOs. The problem with an Etrade account is that they charge $9.95 per trade, so if you want to buy $100 worth of stock, that's steep. If you want a stock that is listed with Loyal 3, the only reason I can think of to use another broker is if you want to use stop-loss or limit orders. If you are buying and holding, particularly if you want to invest small amounts at one time, this seems like the way to go.RAnnhttps://www.blogger.com/profile/04102249990885174107noreply@blogger.comtag:blogger.com,1999:blog-316583760554792907.post-84911754866044656652015-07-19T19:19:00.351-07:002015-07-19T19:19:00.351-07:00Sounds a bit like mortgage bundling---made lots of...Sounds a bit like mortgage bundling---made lots of money for the bundlers ;) Where is the company making money? Think about setting them up with an E Trade account and let them pick a stock. A little less "gambling".<br /> I enjoy the market, but it is work. Buy what you know, sell half when you double, only ten stocks at a time. Janettehttps://www.blogger.com/profile/10054888725603183006noreply@blogger.com