Drip Etrade

Is this a bad idea to buy a share of a company?

I bought a lot of stock in July when things were relatively cheap, but of course things have since fallen. There are so many good values and now I have a couple of stocks like BAC @ $ 6 and some other beaten by giants. At this moment I can only provide about one of each and I pass by eTrade which costs $ 10 per trade. I do not want sharebuilder not do, because for me it is such a scam. Is this a bad idea to buy a stock and put in place and let it drip rest for a few years? If its share it will take forever to be profitable and be worth $ 10 I paid for get through eTrade.

Well, if you plan to use drip to enlarge your stake in the company, you might want look elsewhere than LAC. Dividends have been reduced to $ 0.01 from $ .32. Thus, an action, you earn another share in 650 + quarters current pace. I do not think you'll stick around Abot in 160 years or more. Buy a share of a corporation is not always bad, but you must consider the gain% you need from your administration costs. If you buy a share of Google @ 325, would cost you to buy and sell is about $ 20 for Most brokers online. This means that you need to earn about 6.1% only for the break-even operation. I think there are some businesses which can create an account to purchase one share every month or so directly from the company and each purchase does not cost you anything. There may be some initial costs the company said. I think that Disney (DIS) used to be or still is a company that offers that. Buy action a company is usually symbolic. Some people buy it for someone as a gift to encourage investment. Nothing wrong with that. Usually, when you invest you want to calculate the costs associated with investing and how much you'll need to win just balance.

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