That used to be my logic as well but unless you're getting anything for that extra brokerage you're paying you may as well transfer your holdings and shout your friends some top lunches with all the brokerage you'll save.
At the end of the day I'll be saving at least $1,000pa (bare minimum) on brokerage with SelfWealth PLUS I'm already up many times that by opportunistically getting into all of SCG, SWF, SP3 quickly at the lows and then in stages. On all 3 I probably would've missed the boat due to my "not trading too much mantra" but the $9.50 removed all the friction. I consider myself disciplined so low chance that I'll change my general strategies.
Bottom line, wish I'd done it a year ago. I was giving money away. To the banks of all things. I can rationalise it but there's no getting around that I was very, very foolish.
Free money to my bank because I was too lazy to move? I was a goose.
Comparable Acquisitions and near term catalysts for SelfWealth - $1.15 Price Target, page-8
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