Is there any way to...

Al Neri

Diamond Member
Jan 12, 2002
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Is there a way to do this? Put aside $XXX from a checking account and invest it every 2 weeks or every month into a company without having to pay the fees associated with the broker... and then move them into the brokerage account?
 

FoBoT

No Lifer
Apr 30, 2001
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fobot.com

DaveSimmons

Elite Member
Aug 12, 2001
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If you can put in enough each month (see the site) you can avoid fees at vanguard.com and buy VFINX which is an S&P 500 index mutual fund (so you're buying 500 stocks at once).

This is one of the safest stock-based investments you can make.
 

FoBoT

No Lifer
Apr 30, 2001
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some drips allow you to buy below market price also.

i had one for some years that all purchases were at 5% below the closing price , so that was 5% in the bank from the start