I am about to open a SEP account for my small business. My plan is to use a Foolish Four approach. I plan to contribute $2000 per month.My question is regarding brokerage fees. Assuming I contribute equally to all four stocks monthly, that would be four buys per month (48 per year) and at average discount brokerage fees of $10 to $20/trade that comes out to $480 to $960/year, a substantial amount.Is this the way SEPs ordinarily work? This seems like a lot of money per year in brokerage fees. Is there a way around this? How do others deal with this issue?
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