Stock Markets Exposed
Has anyone heard of the online company Sharebuilder.com for investing? New to this, but would like any info.?
I have never invested in any stocks, especially online. I would like to try this, but not sure of the risks, costs, etc. Any information you could provide would be greatly appreciated! Thanks.
Public Comments
- I like this company for beginning investors. They have a deal where for a certain amount of money a month, you can buy an unlimited number of stocks (or a lot at least!). You can set up a schedule, and monthly buy a certain dollar amount worth of shares. You can also just purchase a set amount of stock, but then the monthly cost might not be worth it. This company is really set up so you can do dollar-cost-averaging on your stock purchases. With this method you are able to buy partial shares of a company and reinvest all dividends that are paid. Go to their excellent site to learn more. Good luck!
- Sharebuilder is "OK" for new investors. They're owned by ING. I wouldn't do a thing until I learned a little about investing. If you don't educate yourself... it's no different than gambling. Two books to start with; Investing For Dummy's Mutual Funds For Dummy's I think there are other great books to read.... but these two are a minimum. Enjoy and good luck...... BTW: After reading the books compare Sharebuilder to Charles Schwab. (Schwab may be a bit more expensive, but they've got the products and people to help you along).
- I agree with Ruby...I use sharebuilder.com for excatly what she said.I love it.
