No. of Recommendations: 1
Also, my current brokerage fee is $8 per trade.

I would not use a normal broker for these types of trades. It is better to DRIP if you are investing $50 monthly. Two good places to setup an account for this type of investing is sharebuilder.com and buyandhold.com.

About the other question $50 in 1 or $10 in 5 stocks each month... If you use buyandhold, I think they charge $2 per transaction, so if you only did $10, that would be a 20% commission - ouch. If you did $50 each month, then that is only a 4% fee, which is more reasonable.

Good luck,
the hendrys
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