Are there any that don't require a minimum starting balance? Say if I just wanted to drop $100 on a certain stock and let it sit...?
If a brokerage firm closes or sells out then you still own your shares in the company you purchased, simply transfer your account to a different brokerage.And what happens if I hold onto a stock and the broker that I use dissolves or whatever? How would I control my shares/dollars at that point?
Are there any that don't require a minimum starting balance? Say if I just wanted to drop $100 on a certain stock and let it sit...? And what happens if I hold onto a stock and the broker that I use dissolves or whatever? How would I control my shares/dollars at that point?
I use ShareBuilder, they do not require a minimum starting balance.
So a real time trade is $14.95? ($9.95 + $5.00)
Correct
And the $0.00 fee for mutual funds (according to the link) only applies to the "ING" mutual fund family with "Class O" shares?
I have not done anything with the Mutual Funds, Have to check the website
The monthly subscription fee is for people who set up automatic purchases (like an automatic contribution to an IRA or 401K)?
B.A. Thanks.No, the 12 a month fee is a option for up to your first 6 automatic investments.
There still is no account minimum or fee.
https://www.sharebuilder.com/sharebuilder/Fees/Default.aspx
That every Tuesday thing is throwing me off. I plan on picking up some AIG and letting it sit.sharebuilder has many types of accounts..
I have no monthly fees & real time trades are only $9.95 .. even limited ones are that..
if you are just getting started , ude a basic no fee account ad buy on the "automatic" plan , $4 per trade..
and just set it for one time..
then you can get into a stock for only $4 , and you can reinvest the dividends back into the same stock for free..
then to get out it is only 9.95
so round trip its $13.95 instead of $20
I can deal with full shares, no problem.if you purchase AIG through a broker and happen to make a profit, the MIB won't care as long as you report your capital gains.
IIRC the only way to purchase a set $ amount is via the auto investments. if you place an open trade you have to purchase whole shares.
I can deal with full shares, no problem.
Will I get a statement from ING that has my realized capital gains for tax time should I have any?