- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Dollar-Cost Averaging Without Commissions
Posted on 5/23/14 at 2:05 pm to Douboy
Posted on 5/23/14 at 2:05 pm to Douboy
Sharebuilder.com has a pretty cheap commission structure for automated purchases, and will re-invest all dividends for no charge at all.
What you ask about is exactly what I do with my Roth - a moderate chunk of money gets distributed among about 6 or 8 purchases on autopilot on the first Tuesday of the month for $12 in commissions (total), and all the dividends go back into their respective stocks automatically with no extra charge.
What you ask about is exactly what I do with my Roth - a moderate chunk of money gets distributed among about 6 or 8 purchases on autopilot on the first Tuesday of the month for $12 in commissions (total), and all the dividends go back into their respective stocks automatically with no extra charge.
This post was edited on 5/23/14 at 2:13 pm
1
Posted on 5/23/14 at 4:42 pm to tokenBoiler
quote:
Sharebuilder.com has a pretty cheap commission structure for automated purchases, and will re-invest all dividends for no charge at all.
I have accounts with them as well. I also enjoy that they pretty simply divorce automatic deposits and automatic investing, so you can avoid getting eaten alive by commissions. That and the $3.95 trade commissions make me happy.
That Robin Hood brokerage might be more what you're looking for if you can get into it, though.
This post was edited on 5/23/14 at 4:48 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News