1Mon·

Reinvestment from the All World

The good thing about Volksbank is that as soon as the dividends become visible in the clearing account, you can reinvest the money without actually having received it yet. But the trade costs a ridiculous €17

02.07

Loews

Bought x15 at €78.35

€1,175.25

4 Comments

Thom@Depot_7777

1Mon

the 17,- are certainly meant ironically, that adds up over the years, wouldn't be my thing

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Patrick Schäfer@Hotte1909

1Mon

@Depot_7777 no, unfortunately that is actually the case. I normally build up the positions via TR and then move them to Volksbank at some point. Even the savings plans there cost €1.99

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Kate🦋@Iwamoto

1Mon

@Hotte1909 How many positions have you already moved in this way? How long does this usually take?

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Patrick Schäfer@Hotte1909

1Mon

@Iwamoto phew, you must have already made 20 transfers. But at Volksbank you pay additional fees on your position every year. In return, you are entered in the share register and such gimmicks

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