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|Subject: Quarterly Pseudo Driping Bad?||Date: 11/5/2001 1:11 AM|
|Author: sirclayton||Number: 233 of 244|
I wish to tell all the Pseudo Drip zealots and fanatics out there, that today, i painstakingly read all 232 posts and by doing so, am greatly enlightened.....
My question of concern is this, Should I invest monthly or quarterly?
There was 2 posts mentioning this, however, they were not adaquately answered for me....
I will tell you my situation.
I currently have an account with Share Builder.
for the 1st month, $1,000 ,, BAM is invested in stock XYZ
every month thereafter, $300 is invested in stock XYZ, or $900 quarterly would be invested into stock XYZ.
So, i could do $900 quarterly = 5 trades (counting inital $1,000)
5 * $4 = $20
$20 / $4600 = .43% commissions
13 trades * $4 = $52
$52 / 4600 = 1.13% commissions
As you can see, not a great deal of commission cost for both plans, but which will be more beneficial for my overall return? Driping more frequenly, or less?
Any help would be greatly appreciated..
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