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Thread: How Do You Trade?

  1. #13

    Join Date
    Jan 2011
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    Okinawa, Japan
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    Default Re: How Do You Trade?

    Hi folks - doesn't look like this thread has had any activity for quite some time. Sorry to resurrect the dead.

    I just opened a Sharebuilder account with ING. I'm not looking to trade, but to build wealth long-term. My goal is to put aside $100 each pay period (bi-weekly). You can set up automatic investments for $4 each, or pay $12/month and get 12 automatic investments. I understand the math and the value of going for the $12/mo deal.

    My question to you wise ones is this - is it worth spending $12 on $200 worth of investments each month (6% commission). It would enable me to purchase increments of up to 12 stocks each month. Or is it a better strategy to pay only $4 and plop the whole $200 into only one stock each month? Opinions welcome.

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  3. #14

    Default Re: How Do You Trade?

    really want to switch to a place that give some free trades anyone got a good reccomendation sharebuilder charges is too much, i paid 8 every trade and 12 for premium

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  5. #15

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
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    24,244

    Default Re: How Do You Trade?

    Nothing is free so take the $12/month but buy only dividend paying stocks and you'll be even before you realize it. Dividend reinvestments are free and pay every three months - good luck in building your base. You'll be pleasantly surprised how fast your stocks will grow.

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  7. #16

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
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    24,244

    Default Re: How Do You Trade?

    Law87,

    You can get 30 free trades with Merrill Edge online per month but you'd have to put up $25K on the Bank of America banking side - I'm starting to build that now that we've had a 100% increase in the SPX.

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  9. #17

    Default Re: How Do You Trade?

    Quote Originally Posted by Birchtree View Post
    Nothing is free so take the $12/month but buy only dividend paying stocks and you'll be even before you realize it. Dividend reinvestments are free and pay every three months - good luck in building your base. You'll be pleasantly surprised how fast your stocks will grow.
    i like the rush of investing in etf more. it keep me engage. i dont have 25k yet do you know anywhere that will be cheap? so far i see optionhouse is the cheapest

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  11. #18

    Join Date
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    Default Re: How Do You Trade?

    Quote Originally Posted by Birchtree View Post
    Nothing is free so take the $12/month but buy only dividend paying stocks and you'll be even before you realize it. Dividend reinvestments are free and pay every three months - good luck in building your base. You'll be pleasantly surprised how fast your stocks will grow.
    How do you know if the stock pays dividends vs. those that don't?


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  13. #19

    Join Date
    Oct 2010
    Location
    Washington
    Posts
    143

    Default Re: How Do You Trade?

    #1, you can do a google search for the stock ticker symbol youre interested in knowing about + the word "dividend" (IE: "DIS dividend") usually gives you a few leads..... http://www.dividend.com/ is usually one of the first results, but you may prefer other sites.
    S.E. Cupp has my vote!

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  15. #20

    Join Date
    Aug 2008
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    Default Re: How Do You Trade?

    Look for Div/Yield. Google has a stock screener where you can select the range for the Div/Yield of stocks. Try the stock symbol KO as an example.
    Value Line can also give you stats on dividend paying stock.

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  17. #21

    Join Date
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    Default Re: How Do You Trade?

    Quote Originally Posted by Nate View Post
    #1, you can do a google search for the stock ticker symbol youre interested in knowing about + the word "dividend" (IE: "DIS dividend") usually gives you a few leads..... http://www.dividend.com/ is usually one of the first results, but you may prefer other sites.
    Great site. Thanks for the help!

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  19. #22

    Join Date
    Aug 2008
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    Default Re: How Do You Trade?

    Here is more info on where to find dividend paying stocks.
    http://www.investopedia.com/ask/answ...end_stocks.asp

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  21. #23

    Join Date
    Jan 2011
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    Default Re: How Do You Trade?

    Quote Originally Posted by jpcavin View Post
    Look for Div/Yield. Google has a stock screener where you can select the range for the Div/Yield of stocks. Try the stock symbol KO as an example.
    Value Line can also give you stats on dividend paying stock.
    Thanks. I'll try it out. Learning a lot!

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