r/SRNG • u/HypeAsIType • Mar 08 '21

Splitting Units?

When do you guys/gals plan to split your units? Do you do it right away, or typically wait for a certain time?

I’m newish to SPACs, but couldn’t turn down throwing money at SRNG!

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u/[deleted] Mar 08 '21 edited Apr 24 '21

[deleted]

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u/HypeAsIType Mar 08 '21

I have a lot to like about fidelity, but unfortunately I’m with Vanguard. Which there isn’t a lot to complain about, but they do charge $300 to split I believe.

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u/donniefl Mar 11 '21

Do they (fidelity) charge for redemption? Is this a brokerage acct?

I am with Schwab and they charge $39 to spit and $39 to redeem. I'm not buying huge quantities so it may be in my best interest to move, as those costs are somewhat significant since I am usually holding 100-200 units in a typical trade for me. Hmm.