» Sharebuilder Review & $50 Promotion Code [Updated 2012]
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Should You Open A Sharebuilder Account?
For those of you thinking about opening up a Sharebuilder account, I thought I'd share a quick review of what I think about this brokerage, and explain some of the pros and cons of what they offer.
If you came here looking for a valid Sharebuilder promo code, then follow the link directly below to claim their $50 bonus when you open a new account.
If you came here looking for a valid Sharebuilder promo code, then follow the link directly below to claim their $50 bonus when you open a new account.
Sharebuilder Fees
Before we get to the pros and cons, let's make sure we all understand the different commissions and fees at Sharebuilder. Here is the breakdown of the 2 different account types available, Basic and Advantage:
Psssst: Want to know the latest Sharebuilder promo code? It's 50WS10!
Psssst: Want to know the latest Sharebuilder promo code? It's 50WS10!
ING Sharebuilder: Pros, Cons, and Who It's Right For...
On the other hand, if you're a beginner or novice investor and you're looking for a simple way to buy stock, options, mutual funds and ETFs online without having to figure out advanced tools, then Sharebuilder might be a good fit for you.
In a nutshell, Sharebuilder provides useful tools for casual investors. What you get is a "no frills" interface that is easy to learn, $4 automatic investments (you can schedule them weekly, bi-weekly, or monthly), and you can reinvest dividends for free. There are no monthly fees for a basic account, and no minimum account balance to maintain.
Sharebuilder is also convenient if you already have a checking or savings account with ING, because you can link it with your Sharebuilder account.
On the other hand, real time trades are more expensive ($9.95), the selection of mutual funds is thin, and there are no research tools available to help you pick your investments. If you're looking for a more robust platform with more tools, you may want to consider a broker like Scottrade, TradeKing, or OptionsXpress.
If you think it might be right for you, click here to open a Sharebuilder account today!
Sharebuilder: Is It Your Ideal Brokerage?
In my opinion, if you tick some (or all) of the boxes below, then I'd recommend giving Sharebuilder a try...
1) You're looking for a cheap and simple way to grow a portfolio over time with minimal effort.
2) You don't want to be overwhelmed by all the "bells and whistles" that other full service online brokers offer.
3) You're looking to set up a retirement or education savings plan with scheduled investments (weekly, bi-weekly, or monthly).
If you tick any of these boxes, then I think you'll find that Sharebuilder is simple to use, easy to set up, and it will help you reach your investment goals.
Open a Sharebuilder account today and claim a $50 bonus!
For more information about Sharebuilder, read more Sharebuilder reviews.
1) You're looking for a cheap and simple way to grow a portfolio over time with minimal effort.
2) You don't want to be overwhelmed by all the "bells and whistles" that other full service online brokers offer.
3) You're looking to set up a retirement or education savings plan with scheduled investments (weekly, bi-weekly, or monthly).
If you tick any of these boxes, then I think you'll find that Sharebuilder is simple to use, easy to set up, and it will help you reach your investment goals.
Open a Sharebuilder account today and claim a $50 bonus!
For more information about Sharebuilder, read more Sharebuilder reviews.
Sharebuilder Review: Add Your 2 Cents...
What are your thoughts about Sharebuilder?
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Matt
Oct 27, 2011 @ 2:34 pm | delete
- sharebuilder works great for my investment strategy invest in low priced stocks and hold for the long run (ROTH). starting to learning options trading but haven't pulled the trigger yet.
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elcid89
Sep 11, 2011 @ 6:25 am | delete
- If you own fractional shares through Sharebuilder, do NOT automatically reinvest the dividends. Sharebuilder rounds both dividends for fractional shares AND reinvestment purchases down. Dividends on fractional shares get rounded down (always down) to 2 decimal places. Dividend share repurchases get rounded down (always down) to 4 decimal places.
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