No. of Recommendations: 1

If all I want is to invest in quality stock over time without forking over an initial huge lump sum, is Sharebuilder just fine? Or is it somehow better to enroll in the actual
DRiP itself?

There has been discussion about this in the past, so if you go back through the archives of this board, you will find many messages dealing with this topic. Also, there are a few articles on this in the DRIP section of the MF site dealing with this. Basically, the discussion always comes back to the same place -- it depends. If you pick a company that has a fee free drip, you are better off using moneypaper to invest. Yes, there will be a larger up front cost, but there will not be a fee everytime you make an additional investment like you would have with sharebuilder. On the other hand, if the company you are looking at has fees for their DRIP, sharebuilder may be the better option.

One question I have always had about Sharebuilder (and Buy & Hold) is what are the fees associated with selling shares and taking money out of your account and putting it back into your checking account? I've looked at both and, but haven't really found this info. Both allow me to easily take money out of my checking account, but is it just as easy to move money back in? Yes, I am a long term investor, but I do need to take a large back end cost (if it exists) into consideration when deciding which route to pursue. Hopefully somebody more familiar with sharebuilder (and buyandhold) can clear this up for me.

- Rich
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