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Author: elymn Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75530  
Subject: discount broker/dividend reinvesting Date: 10/28/2000 3:15 PM
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I am planning on opening a Roth IRA and using the account to invest in stocks. It would seem to me that I would want a broker that I could reinvest dividends with. However, the ones that I have found that do, their charge per trade is about 10.00 higher. Which is the better compromise to make: Pay more per trade and be able to reinvest dividends? Or take a lower per trade cost and not be able to reinvest the dividends? My thinking behind this question is that if the dividends were automatically reinvested, because I would be using a ROth IRA account, I wouldn't have to pay taxes on them. Is my thinking correct?
Thanks

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