Sharebuilder.com is a convenient, low cost way to buy your stocks and manage them. This company is owned by the larger ING Direct, which offers checking, saving, CDs and mortgages. They are America's largest direct bank, and have improved Sharebuilder services since buying the company recently.
Sharebuilder offers individual and joint accounts, custodial accounts for minors, gift accounts, and education savings accounts. Traditional/rollover IRAs are available, as are Roth or Conversion IRA accounts. The program is set up so account holders may purchase a dollar amount of stock, even when that results in fractional shares. There are no minimum amounts, and account holders can purchase small amounts.
Their automatic investment purchase program costs as little as $1 per transaction, and purchases are made on Tuesdays. Investments are designated by the account holder to be one time, weekly, twice a month, or monthly. Funds can be drawn directly from your bank checking or savings account. Any excess funds not invested, and money that is bonus, or dividends, is held in the Sharebuilder money market fund where it draws interest.
primary focus of Sharebuilder.com is to allow members to execute recurring purchases of investments automatically. This especially helps small investors to accumulate a quantity of investments over time, and the main idea is for long term strategy. Investments can be stocks and exchange traded funds. They also offer a money market account and IRAs. Small businesses can set up 401K plans.
There are no brokers, sales representatives or advisors, but they do offer friendly 24/7 customer service. Over 9000 stocks and funds are available for trade, and real time trading is available. All sales are done on a real time basis. Members can have free basic service, or for small monthly fees, additional services. There are bonus incentives for opening new accounts, and gift accounts. Members can open custodial accounts for minors.
Basic trades have about a twenty minute delay from real time. For an additional fee, members can do real time trading. Fees are offset by offers of free trades, and reduced fee trades. For basic members, each trade fee is $9.95. Automatic investments are charged only $4 per trade, and there are ways to get free trades through various promotions within Sharebuilder, and from affiliate publishers on their websites. A typical incentive is $50 for opening an individual account, or 3 free trades for opening an account.
The website is attractive, and easy to navigate. There is an understandable help section. Your account portfolio and personal information is well laid out and graphics are helpful. There are appropriate links to more information where you would be likely to need them. You can set up a watch box to track stocks of interest. A newsletter of interesting topics can be emailed to you if you want it. There are many online research tools and educational information for account holders to use.
When you look up a stock, important information is presented with it, and you can access reports, news of the company, ratings, profile, analysts reports, options, stock grade and a report if available on that stock. Also on the good side, all of your stock and fund and investment management is done by you, over the internet or phone. For automatic investing, you can draw directly from your banking account. Deposits to your Sharebuilder.com account from your bank take about one day. There are no fees for taking money out of your account, and it is done quickly. Express funding is available for a small fee, and you can trade options. Overall, Sharebuilder.com is a good place to begin.
Unlike traditional online investment services, ShareBuilder gives investors a unique and powerful way to invest in the stock market. Investors now have a simple, flexible and affordable way to invest for the long-term. Buy stocks for as little as $4.00. No minimums or activity fees. Invest any dollar amount on Tuesdays exclusively online. Schedule investments on a weekly or monthly basis. Select from our list of over 5,000 stocks and ETFs. Buy or sell stocks in share amounts real time. Execute market orders in seconds during market hours. Real-time Trades enable you to act immediately on investment decisions.
ShareBuilder is an online brokerage from ING Direct designed to make investing easy, affordable and accessible for both beginning and experienced investors. There's an investor in everyone. We take a long-term approach and seek to help investors build wealth over time. With the ShareBuilder Plan, you can invest regularly through automatic investments, allowing you to buy partial shares of stocks and accumulate your investments over time. To complement your investing strategies, you can use Real-time Trades to buy and sell stocks immediately during market hours.
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