Consumerism Commentary - Latest Comments in ING Direct Lowered Commissions for ShareBuilder Accounts

Re: ING Direct Lowered Commissions for ShareBuilder Accounts

Llama Money — Wed, 19 Dec 2007 10:13:34 -0000

Even at $9.95 it's tough to swallow unless you're placing large orders. Like Eden said - investing $100 or $200 at a time doesn't make any sense if 5-10% of your money is instantly eaten by commissions. And of course you get to pay again when it's time to sell - making it even tougher to swallow.

no-load Mutual funds are the way to go for small investors, I think. At least until you have enough to buy larger amounts of individual stock.

Re: ING Direct Lowered Commissions for ShareBuilder Accounts

Eden — Tue, 18 Dec 2007 22:08:32 -0000

That's a good move. My only problem with Sharebuilder has been that they encourage small investments and a $4 charge on $100 or less is quite large.

Re: ING Direct Lowered Commissions for ShareBuilder Accounts

SingleGuyMoney — Tue, 18 Dec 2007 18:20:23 -0000

I may actually start using my Sharebuilder account again since they've lowered commissions.