Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Originally posted by: LuckyTaxi
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Unless I'm looking at the wrong thing, but Vanguard wants $25 per share?
https://personal.vanguard.com/...ageAcctFeesContent.jsp">link</a>
Originally posted by: K1052
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Sharebuilder also has very low minimum initial investments (though I think Vanguarg may have reduced theirs). Also since ING bought it they are offering $9 trades which is pretty decent.
Originally posted by: LuckyTaxi
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Unless I'm looking at the wrong thing, but Vanguard wants $25 per share?
https://personal.vanguard.com/...ageAcctFeesContent.jsp">link</a>
Originally posted by: LuckyTaxi
Originally posted by: K1052
Originally posted by: maddogchen
Originally posted by: K1052
Originally posted by: maddogchen
hmm....$80 a month, minus $4 thats 5%! Thats terrible! why would you do that? Just find the mutual fund equivalent, open it up directly through them and put in 80 whenever for free
Sharebuilder is more attractive when you are investing more money into several diverse stocks/ETFs. Also that you can accumulate fractional shares based on your options is a plus.
I understand that, like if say you are investing $400 or more a month, the $4 fee is only 1%. But 5% then the ETF has to increase around 5.something % just to break even again. Its like buying a mutual fund with a 5% front end load.
If you go through a mutual fund company like Vanguard or Fidelity you can also accumulate fractional shares. If we are talking about buying individual stocks then its another story.
Sharebuilder also has very low minimum initial investments (though I think Vanguarg may have reduced theirs). Also since ING bought it they are offering $9 trades which is pretty decent.
Yea, it's $4 (automatic investment) for what I'm doing. You can't beat that.
If there's someone else I should be looking at, I'm all for it.