06-29-2021, 10:19 AM
If my broker charges trade fees, is it better to do dollar cost averaging, or pick 1
<!-- SC_OFF --><div class="md"><p>I am currently using Interactive Brokers, and they charge a flat fee of $1USD per trade. Additionally, there is no option for automated investing. This means that if I have 12 stocks in my portfolio and want to invest equally in all 12 of them each month, I would have to pay a monthly fee of $12 USD. On the other hand, I could simply pick 1 of the 12 stocks to invest in each month, and pay just $1 USD in fees. Which option is more worth it?</p> <p>Edit: I don't live in the US.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cs342"> /u/cs342 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/oa13p5/if_my_broker_charges_trade_fees_is_it_better_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/oa13p5/if_my_broker_charges_trade_fees_is_it_better_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am currently using Interactive Brokers, and they charge a flat fee of $1USD per trade. Additionally, there is no option for automated investing. This means that if I have 12 stocks in my portfolio and want to invest equally in all 12 of them each month, I would have to pay a monthly fee of $12 USD. On the other hand, I could simply pick 1 of the 12 stocks to invest in each month, and pay just $1 USD in fees. Which option is more worth it?</p> <p>Edit: I don't live in the US.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cs342"> /u/cs342 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/oa13p5/if_my_broker_charges_trade_fees_is_it_better_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/oa13p5/if_my_broker_charges_trade_fees_is_it_better_to/">[comments]</a></span>Kind Regards R