Buying and Selling a Stock through a Stockbroker

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  • We're OPEN
  • Come on in we will invest for you !!!!!
  • ETRADE
  • I need to go to Etrade to speak with a stockbroker.
  • Waiting Room
  • Sir, your stockbroker is ready to meet with you.
  • No Problem sir there will be a 1.5% fee per trade. The current purchase price of the stock is $14.74 per share.
  • Mr. Bergeron ETrade Stockbroker
  • I would like to buy 100 Shares of Bank of America (BAC) apart of the NYSE because my co-worker told me it was a good stock.
  • Ok lets go over the total investment and cost with the broker fee included. Total Investment: 100(14.74) = 1,474 Total Broker Fee: 1474(0.015) = 22.11 Total Cost: 1474 + 22.11 = 1496.11
  • I would like to sell my shares in Bank of America (BAC) because I would like to buy an apartment. Its been 2 years since I invested in that stock and I'm ready to sell it.
  • "Sell Stock BAC fo great Profit Today" - yahoofinance
  • Ok Sir that is fine let me walk through the sell for you.The sale price is $32.35.The total money received from sales of shares is 100(32.35) = 3235. The total broker fee is 3235(0.015) = 48.53 The total paid out is 3235 - 48.53 = 3186.47. Finally the total profit is 3186.47-1496.11 = 1690.36.
  • BAC Stock Sell for 1690.36 for total profit.
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