Over the years, I’ve used a few different online brokerages, but have ultimately consolidated to just two:FidelityandM1 Finance. I conduct the bulk of my dividend growth investing in my Fidelity account and dollar-cost average into a pie of ten stocks at M1 Finance. I chose to consolidate...
DRIPs allow investors to reinvest their cash dividends into additional shares or fractional shares of the underlying stock on the dividend payment date. One drawback of a DSPP is that the shares are ratherilliquid—it is difficult to re-sell one's shares without using a broker. As a result,...
A simple 30-second primer on stocks, mutual funds, andexchange-traded funds.A stock is an ownership interest in a company and you can buy and sell these shares in the stock market. A mutual fund is a professionally managed fund that trades in a variety of investment securities, including s...
When I started to invest outside of my 401k plan, this is the brokerage ago I opened since it allowed me to invest without needing a lot of money. In addition to their mutual funds, you can choose to invest in Schwab ETFs. There is no commission and you can buy just 1 share at a...