Comments on Dividend Growth Investor: Are Dividend Investors Stock Pickers?

You don't want to pay a 4% commission on your ...

2010-05-14T09:42:50.366-07:00

You don't want to pay a 4% commission on your investments.

Actually sogotrade has 100 free stock trades for one month after you open a new brokerage account with them. You could simply save up a few thousand and then open an account there and purchase 30 stocks.

Sharebuilder is offering 5 free trades: http://www.bargaineering.com/articles/five-free-sharebuilder-trades-promotion-code-hvc09ny.html

This could help I guess ;-)

But as soon as you save up $25K i think it would be worth it to switch to Zecco...

Hi, I was just about to ask which broker you use! ...

2010-05-14T08:32:07.406-07:00

Hi, I was just about to ask which broker you use! I also have a Zecco account, but have no where near the 25K for free trades... so I'm hit with $4.50 a trade. I also have Sharebuilder account which costs $4 a trade.

I'd like to get more into dividend investing. Based on your thoughts of needing at least 30 dividend stocks, what's the best way to build up a portfolio with balancing purchasing costs and the fact that I only have around $150 a month to devote to purchases? Do I just buy a few shares of a stock in month 1, another stock in month 2, another in 3, etc?

If I take $100 and buy JNJ today at 63.65... I'll walk with 1.5 shares after the $4 commission!

Is there a better way to approach this? Can you please point me in in the right direction?

Thanks so much!

I use Zecco. You get 10 free trades/month if your ...

2010-05-09T15:50:47.327-07:00

I use Zecco. You get 10 free trades/month if your account balance is over $25K or you made more than 25 trades the previous month. Of course when I started with them, investors received 10 free trades for balances over $2500.

Do you have DRIPs or do you use an online discount...

2010-05-09T07:03:40.148-07:00

Do you have DRIPs or do you use an online discount broker or a combination of both to maintain your portfolio? If you use a broker, can you recommend it?