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re: Which Strategy For Loyal3 Account?

Posted on 7/6/14 at 5:27 pm to
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 7/6/14 at 5:27 pm to
You shouldn't be splitting out strategies between accounts as much as you should consider what % of your assets are in which strategy. To me, it sounds like you're doing too much between your trading and dividend strategies and you probably don't have the time to properly research all of these companies your discussing. Why don't you look at a dividend growth ETF like VIG for your dividend strategy, buy a growth or technology ETF for your new account, and just call it a day? Save some money on commissions and diversify away some security specific risk.
Posted by bogart
Member since Dec 2013
1204 posts
Posted on 7/6/14 at 5:35 pm to
The Loyal3 account only has 55 companies that you can buy stock in and the trades are free. That really limits what you can do with it.
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