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re: Interested in cheap ETFs, need beginner advice
Posted on 5/1/14 at 11:24 pm to SomeTigerFan
Posted on 5/1/14 at 11:24 pm to SomeTigerFan
You are better off to use ETFs as a buy and hold because you don't have enough to meet the mini for a mutual fund.
If the problem keeping you from Vanguard is the costly share costs, check out Sharebuilder as a broker.
You can buy fractional shares so you can always buy whatever stock you want even if it is Google.
Just don't set up automatic trades for TOO little an amount, or the cost basis will eat you alive.
If the problem keeping you from Vanguard is the costly share costs, check out Sharebuilder as a broker.
You can buy fractional shares so you can always buy whatever stock you want even if it is Google.
Just don't set up automatic trades for TOO little an amount, or the cost basis will eat you alive.
This post was edited on 5/1/14 at 11:25 pm
Posted on 5/2/14 at 4:02 am to Volvagia
Sharebuilder is exactly what I'm using, 6.95 a trade on stocks/ETF, no annual fees, no inactivity fees, no minimum balance
Looking at ETFs with good majority holdings that I can just keep on a portfolio for now. I'm an accounting major, looking to dual in finance in a year, so really using this as a learning experience for the future and as a possible talking point in an interview.
I've been looking at stocks with high dividend yields but I think going the ETF route with diversified holdings means I'm not putting all my eggs in one basket, even if it's not that many eggs.
Overall solid advice
![](https://images.tigerdroppings.com/Images/Icons/Iconbanana1.gif)
Looking at ETFs with good majority holdings that I can just keep on a portfolio for now. I'm an accounting major, looking to dual in finance in a year, so really using this as a learning experience for the future and as a possible talking point in an interview.
I've been looking at stocks with high dividend yields but I think going the ETF route with diversified holdings means I'm not putting all my eggs in one basket, even if it's not that many eggs.
Overall solid advice
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