Kiplinger

My Beef With My Broker

This month, I'm sharing the story of how more than $32,000 disappeared from my E*Trade brokerage account last May and made its way to the Dutch Ministry of Finance in the Netherlands. It's a cautionary tale about the perils of investing in a foreign stock and the frustrations of dealing with a fully automated online broker. I'll share some blame, too, for not delving into the fine print about stock tenders.

A tender tale. In (see our of stock picks that will benefit from long-term trends). In March 2017, Intel offered to acquire Mobileye at a nice premium, and the share price shot up. I decided to sit on my shares and wait for the buyout money.

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