My father was an avid trader in the stock market. Sadly he died before being able to utilize online trading. Every day when the market opened, he spoke with his broker and again when the market closed, his broker called him with his customized list of stock quotes. If there was news on one of his stocks, the broker would call him immediately. Eventually the broker retired and my father died. I still recall the huge spread sheets he kept on pale green accounting paper that was the size of a big desk blotter.
I am still amazed at how the internet has transformed the way business is done. It used to be if you wanted do stock trading, you had to have loads of money to open up an account, then pay a broker a handsome fee to make the trades for you.
The internet leveled the playing field with online trading and mobile trading. You can even move your IRA accounts for self management or you can use an online broker to assist you.
Now with computers you can customize reports to track your stocks, compute your gains and losses, locate history about your transactions and so on.
What a shame my father didn't live long enough to enjoy these features. He would have had a field day.
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| In Loving Memory of My Father |
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Great memories, I am sure he would have loved the online trading!
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