Monthly Account Statement Frustration

Have you ever wondered if your broker intentionally sends you incomprehensible monthly account statements?

You’re not alone. Several people I asked recently have said that they don’t bother checking the monthly account statements they get from their broker because they find the statements incomprehensible.

Different brokers use different formats for monthly account statements. Worse, brokers from time to time change their statement format to ensure their customers are permanently confused.

This week’s series of articles will deal with how to decipher those statements nothwithstanding the sadistic bean counters' efforts to leave you permanently frustrated.

continued tomorrow ...

Copyright 2006 Raymond T. Lee. All rights reserved.
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