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|Subject: Pepsi adding fees for monthly purchases!||Date: 5/23/2012 10:39 AM|
|Author: jasongreene||Number: 27734 of 27843|
I received a letter saying that PEP will now charge $2 for optional cash purchases. It didn't spell it out whether or not that included automated monthly investments, so I'm assuming that it does. Can anyone confirm?
I currently invest $75 per month in PEP so that's ~2.5% lost in fees each month. I'm planning on stopping investments in PEP and picking up a new fee-free company. I'm thinking of DPS (Dr Pepper Snapple) since it would offset part of PEP's business. I was also thinking of PPS (Post Properties) or MMM (3M). My other monthly investments are listed below to give you an idea of the sectors that I hit. Any thoughts?
Procter & Gamble
Bank Of America
Colonial Properties Trust
Johnson & Johnson
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