Sharebuilder Review

Overall 3.96 of 5 view all 26 reviews

madlila
Moundsville, WV

Best small purchase brokerage, now coupled with ING

Every day computer user, on a strict budget, saving a little, quality conscious, brand loyal in some cases, thinks outside the box, into trying new things

Pros

Great place to invest for the future, Easy to use, Cheap investment plan trades, automatic transfers

Cons

Real time trades can be pricey, Some securities are not available.

AUG

2009

I opened my Sharebuilder account about 5 years ago. One of the best financial decisions I've ever made! Now that they are partnered with Ing it's even better. Sharebuilder is best for investors who just want to build up a basic retirement portfolio. Think long term, buy and hold. Not that good a choice if you will be doing a lot of transactions every month a la day trader.

I use the automatic option and try to stash some money each paycheck and then once a month purchase small amounts of a number of stocks. At first I was using the standard $4 per trade, but recently switched to the $ 12 plan which is cheaper for multiple purchases.

There are research links and, overall, lots of good investing information. I never feel like they are pushing a particular stock or fund. Just good information.