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So the Fool's Mr. Zimmerman thinks I'm wrong in dollar cost averaging this ETF, am I alone in doing this? I use Sharebuilder so that costs me $4/month on a $100 investment. How would I be better off doing the same thing with a regular stock?

Mark
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My personal opinion would be that you're not wrong in doing it. I plan on doing it too. But, I think you should accumulate more $ before making a buy. $4 on $100 is 4%.... That's way too high for me. I prefer to keep at 1% or lower. I plan on saving up $1000 in ING before transferring it to SB and making the DVY purchases.

Regards,
Mike
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I don't know why anyone would think it is a problem. Same as DCA for a mutual fund. Watch the fees at Sharebuilder, though. I agree with the previous post. 4% on 100 is a bit steep.
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Watch the fees at Sharebuilder, though.

I agree. I actually fled away from Sharebuilder because of the fees.
Do you realize that it cost $15 to sell? I had about 40 stocks/ETFs, and it was better to movet the account rather then seel three of them.
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" Watch the fees at Sharebuilder, though.

I agree. I actually fled away from Sharebuilder because of the fees.
Do you realize that it cost $15 to sell? I had about 40 stocks/ETFs, and it was better to movet the account rather then seel three of them."

What other broker lets you easily reinvest dividends, even with partial shares?
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"What other broker lets you easily reinvest dividends, even with partial shares? "


Etrade DRIPS for me on DVY. No fees.
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Charles Schwab and Fidelity have no brokerage fees for DRIPing ETFs.
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