Anyone buy and sell with sharebuilder? | TigerDroppings.com

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Lookin4Par
Colorado State Fan
Baton Rouge
Member since Jun 2012
876 posts

Anyone buy and sell with sharebuilder?


I would like to throw some play money in an account and start trading. Please give me your advice on where to start and how to proceed.






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bovine1
LSU Fan
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
800 posts

re: Anyone buy and sell with sharebuilder?


I used Sharebuilder years ago for accounts for my kids so they could build accounts with their mowing and odd job money. Their account transfer fees were like $75. I never went back.





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LSUtigerME
LSU Fan
Walker, LA
Member since Oct 2012
609 posts

re: Anyone buy and sell with sharebuilder?


I use it, and like it. Depending on your purpose, the account/transaction fees add up. It's $4 for automatic investments, $9.95 for market orders (buy and sell). Also, transactions aren't immediate for market orders, and often can lag by quite a bit of time. Also, automatic investments are only executed on Tuesdays.

Overall, it's very good for long term investing and dollar cost averaging. It's not setup for day trading. The fees for automatic investing are cheaper than most, but market orders are fairly expensive.






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ATL TGR
LSU Fan
Houston
Member since Apr 2008
2878 posts

re: Anyone buy and sell with sharebuilder?


quote:

transactions aren't immediate for market orders


Yikes

quote:

automatic investments are only executed on Tuesdays








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Lookin4Par
Colorado State Fan
Baton Rouge
Member since Jun 2012
876 posts

re: Anyone buy and sell with sharebuilder?


How can I trade in real time?





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fishfighter
LSU Fan
Baton Rouge
Member since Apr 2008
18583 posts

re: Anyone buy and sell with sharebuilder?


quote:

How can I trade in real time?


Etrade acc.






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