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Subject: Re: Direct Investing In an IRA | Date: 2/25/2000 3:15 AM | |
Author: rgc44 | Number: 19482 of 101509 | |
Thanks for the reply...but Im not talking about DRIPs...Im asking about Share Building with the Cisco. I don't have $2000 dollars today to invest, yet I want to invest today. So I want to buy $100 of CSCO stock Montly...so each month I essentially buy almost 1 share of stock (like 90% of a share). But a Brokarage firm won't allow factional shares...yet if I Buy DIRECT from CSCO I can buy fractional shares. So how do I do Share Building directly with Cisco and at the same time have this money counted toward my IRA? It is as though I need to have Cisco as the custodian for my IRA. Thanks, Ron |
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