I Just Sold a Rental Property and Can't Help But Feel Like I Got Hosed
I'm not new to investing, having spent well more than half of my life with money in the stock market. In fact, I remember when Charles Schwab and its discount trading model was a novelty disrupting the old Wall Street regime.
Which helps explain why I was so shocked when I sold my rental property a few months ago. I made money on the transaction, but I just can't help but feel like I got hosed anyway.
I've been investing since my father got me into the market when I was a teenager. The first stock I ever bought on my own was a utility that had cut its dividend. I remember calling up the broker and telling him what I wanted to do. I mispronounced the name of the company I bought because I was so nervous. I acquired fewer than 100 shares, but the commission was around $100 or so, if my memory serves me right. That's an almost unthinkable sum today, but it was a long time ago.
Source Fool.com
