Close

Consolidation

10/27/2017

I contributed $75 to my IRA and $25 to my brokerage.

10/31/2017

My wife had a few stocks sitting at different brokerages.  We decided to bring them all under one roof.  I send E*Trade an email requesting that my wife’s name is added to the brokerage account.  We had to submit a little bit of paperwork and mailed it in.  I took about 1 week for her name to be officially added.  Once she was named to the account the rollover was fairly simple.  I used E*Trade’s online tools to make the request and then mailed in signed forms authorizing the transfer.

The transfers consisted of:
2 shares of Advance Auto Parts, Inc (AAP) originally bought for $159 each while she was employed there.
120 shares of Lowe’s Company Inc (LOW) originally bought in 1999 for $14.23 per share, the total cost was $1,707.60.  These were a gift from her Grandma.
$570.55 in “cash” from dividend payouts over the years.  We have paid taxes on the dividend payments over the years.

Follow this Blog!

Subscribe to receive the latest blog posts and trades by email.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

2 thoughts on “Consolidation

Leave a Reply

Your email address will not be published. Required fields are marked *