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ShareBuilder

Posted on 2/24/09 at 2:37 pm
Posted by WhippingBoy
Baton Rouge via New York
Member since Feb 2009
78 posts
Posted on 2/24/09 at 2:37 pm
anyone use these guys?
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 2/24/09 at 2:43 pm to
I did once, and they blow.
Posted by WhippingBoy
Baton Rouge via New York
Member since Feb 2009
78 posts
Posted on 2/24/09 at 2:56 pm to
What did you not like? they seem very cheap so i figured there would be catch
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 2/24/09 at 3:03 pm to
the way they are set up is that you can do a "real-time" trade at any time for like $20, or you can set up a transaction to be executed at a specified time the following week. THAT is the transaction that is $4. And if you want to sell at all, you're stuck with the "real time" trade.
Posted by NOMT
Baton Rouge, LA
Member since Mar 2007
575 posts
Posted on 2/24/09 at 4:16 pm to
Col must've used them early on.

He is correct that the advertised cheaper trades are limited only to Tuesdays. What you do is set up an "automatic investment" in whatever stocks you wish to purchase, and your trades are done on Tuesdays. You can do this as often or as little as you wish.

Real-time trades are $9.95...so, while not "cheap", they aren't nearly as expensive as they first were.

I would say it's not a good site at all for a trader, but if you intend to slowly invest a little bit at a time it works well. I have an account with them.
Posted by WhippingBoy
Baton Rouge via New York
Member since Feb 2009
78 posts
Posted on 2/24/09 at 4:24 pm to
NOMT Thanks man!
I have a acct. with Etrade but was looking for something to put like $200 a week into some of these stocks that are trading very low right now and might rebound in the next year or two... might be a bad idea don't know
Posted by Idlpeach
Louisiana
Member since Dec 2003
1586 posts
Posted on 2/24/09 at 7:58 pm to
I've had a Sharebuilder account for over 2 years, and I really like it.
Posted by lsustockjunkie
Hick Town
Member since Feb 2009
16 posts
Posted on 2/24/09 at 9:51 pm to
I love tradeking $4.95 per trade no minimum balance, no hidden fees only $2000 for margin requirements.
Posted by WhippingBoy
Baton Rouge via New York
Member since Feb 2009
78 posts
Posted on 2/25/09 at 12:04 pm to
thanks...I am bout to sign up at tradeking now...
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