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Cost of going independent

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Jul 12, 2005 9:09 pm

Can anyone estimate the costs involved in going independent? Which company offers the best transition information?

Jul 12, 2005 11:37 pm

[quote=Chin Music]Can anyone estimate the costs involved in going independent? Which company offers the best transition information?[/quote]

What is more important is the cost of NOT going independent. It's MUCH greater than the cost of becoming an RR at an indy B/D.

If you have decent production, most indy firms will pay for all those pesky NASD fees. You may have to ask, though.

Jul 13, 2005 2:50 am

please define “decent production”

Jul 13, 2005 5:08 am

[quote=JimMorrison]please define "decent production"[/quote]

Around here, $300,000 GDC is "decent production."

Jul 13, 2005 10:40 am

In this post Roger–who is proud that he did need to graduate from
anywhere–concludes that the “cost of going” Indy is nothing more than
the NASD fees.



As a college graduate I conclude that Chin Music–what do you think,
fiddle player?–was far more concerned with things like renting office
space,  hiring a staff, printing stationary and the dozens of
other things far more costly than NASD fees.



Again Roger portrays himself as the uneducated fool that he is.

Jul 13, 2005 12:16 pm

[quote=Chin Music]

Can anyone estimate the costs involved in going independent? Which company offers the best transition information?

[/quote]

If you have to ask, you're not prepared to do it. Are you related to Chin Nuts?

Jul 13, 2005 12:43 pm

[quote=annuity guy][quote=Chin Music]

Can anyone estimate the costs involved in going independent? Which company offers the best transition information?

[/quote]

If you have to ask, you're not prepared to do it.

[/quote]

What a stupid thing to say.  Those of us who can buy and sell whatever we want always know what it costs to do something.

My grandmother was fond of saying, "Any fool can spend money" and she was right.

Speaking of spending money.  Last night's news had stories about the fact that Congress has set aside something like $550 million to beef up public transportation security, but that only $50 million has been spent.

Senator Chuck Schumer--one of the two stains on Senate that come from New York--actually said, "It's frustrating to me that it's so hard to spend money....."

The Senate is going to increase funding for Public Transportation in the wake of the bombings in London.

Let's see if we have this right.  Government has already voted $550 million and they are going to increase that funding because only $50 milllion has been spent?

As that wonderful ex-member of the House, Jim Trafficant, used to say, "Beam me up Scotty."
Jul 13, 2005 2:35 pm

I miss Traficant. Is he out of jail yet?

Jul 13, 2005 9:27 pm

[quote=Put Trader]In this post Roger--who is proud that he did need to graduate from anywhere--concludes that the "cost of going" Indy is nothing more than the NASD fees.

As a college graduate I conclude that Chin Music--what do you think, fiddle player?--was far more concerned with things like renting office space,  hiring a staff, printing stationary and the dozens of other things far more costly than NASD fees.

Again Roger portrays himself as the uneducated fool that he is.
[/quote]

Putty boy doesn't know what opportunity cost is. That's funny.