Why You Shouldn't Do Business With Schwab

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  • Louetta
    Senior Member
    • Oct 2003
    • 2331

    Why You Shouldn't Do Business With Schwab

    Their calculations for the instantaneous change in the value of individual stock holdings apparently don't have granularity below one cent per share thereby grossly distorting the real-time increase/decrease in my marijuana stock holdings. Its very irritating.
  • Duniyo
    Senior Member
    • Oct 2010
    • 199

    #2
    Originally posted by Louetta View Post
    Their calculations for the instantaneous change in the value of individual stock holdings apparently don't have granularity below one cent per share thereby grossly distorting the real-time increase/decrease in my marijuana stock holdings. Its very irritating.
    How does that impact you? Are they smoking your marijuana shares?

    Comment

    • billyjoe
      Senior Member
      • Nov 2003
      • 9014

      #3
      Louetta, My son has a Schwab account and has a very high opinion of them. I'll ask him if that has changed next time we talk. On the other hand, we've been trying to settle my late aunt's estate with Morgan Stanley for over a year. Unbelievable nightmares. They won't return phone calls, claim they can't transfer anything without going through other branch offices, demand that all heirs must open individual accounts and put all proceeds in those funds. that's just the tip of the iceberg. The lawyers handling the estate are denied information. They blame past employees that have left the company. I'll keep you updated.

      ------------------billy

      Comment

      • Louetta
        Senior Member
        • Oct 2003
        • 2331

        #4
        Originally posted by billyjoe View Post
        Louetta, My son has a Schwab account and has a very high opinion of them. I'll ask him if that has changed next time we talk. On the other hand, we've been trying to settle my late aunt's estate with Morgan Stanley for over a year. Unbelievable nightmares. They won't return phone calls, claim they can't transfer anything without going through other branch offices, demand that all heirs must open individual accounts and put all proceeds in those funds. that's just the tip of the iceberg. The lawyers handling the estate are denied information. They blame past employees that have left the company. I'll keep you updated.

        ------------------billy
        I was joking. I'm sorry if you are having real life problems.

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5319

          #5
          bankers can and do cause untold real life problems for people... in so many ways, large and small. I have enough personal stories I could tell, but in the end the lesson is to never trust the bank! They're right up there with lawyers in the 'scum of the earth' category. All they do is make money, too... so there is that.

          Comment

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