DISQUS

Todd Brill · 3 years ago

So I wonder how ShareBuilder makes their money? Obviously they have expenses to cover, trading fees, etc. I see by the ads that they charge $4 per transaction, but by industry standards, that's pretty darn low.

Dus10 · 3 years ago

How does this work out? Do you have the seperate accounts all under one login?

Flexo · 3 years ago

Todd,

The fees to sell are higher than average, so there is money to be made by the broker. I figure I'll worry about that fee many years from now, after the investments have supposedly appreciated enough to make it worthwhile.

Dus10,

When you sign up for an account, ShareBuilder will ask if you already have an account. If you do, you supply your credentials, and your personal information is automatically populated into the form. When checking my accounts, I can switch between the three accounts through a pulldown menu.

Phil · 3 years ago

Followed your instructions but have run into a glitch! Looks like to qualify for the $50, Sharebuilder will require me to make automatic investments, as per the email below:

******************************************
Thank you for opening your ShareBuilder account. To receive your $50 account bonus, all you need to do is make sure you've set up your Automatic Investment Plan and have a transaction before 05-FEB-07. If you haven't set up your plan yet, go to Plan Setup today.

Promo Code: ENTERTAIN50
*******************************************

Has everyone had this experience; is this a detail you failed to mention, or have they changed their tune?

Flexo · 3 years ago

Phil,

You're on the right track. Sign up for the automatic investment plan, but configure it to invest only once (not repeat every month). You'll be set.

Phil · 3 years ago

Perfect! Looks like everything is going to work exactly as explained. Thank you for the clarification - and for passing along this excellent deal!