No. of Recommendations: 0
RustedSoul said:

<<There is a way to regularly invest monthly contributions without large brokerage fees. I don't recommend that you do this unless you are comfortable with the associated risks. There is also a nice tax benefit which you might be able to take advantage.

First, buy the stocks (in Jan, e.g.) on margin. Every month, pay part of the margin off. At the end of the year, the margin is gone (since you divided up the stock purchase over 12 months). This reduces you transactions costs to just one/stock/year.>>

The query was about IRA investing. You can't buy on margin in an IRA.

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