This allows you to invest according to your budget by purchasing partial shares. Invest a fixed dollar amount regularly in blue-chip companies for the long term. Reinvest dividends in any or all. There is no minimum account balance and no minimum trade. Over 3,000 stocks are available.
Most people do.
At the end several months, you may decide that you'll let the DRIPs take care of future investments in these stocks and switch your investments to a new group of 4 stocks. However, you can take advantage of dollar cost averaging. All trades take place automatically on Tuesday. You can choose the 1st, 2nd, 3rd or 4th Tuesday of each month. ShareBuilder specializes in automatic investment accounts for small investors who want to invest directly in stocks.