12-20-2018, 06:03 PM
(12-20-2018, 05:01 PM)fenders53 Wrote: Back to the subject, I think I am going to visit your strategy for awhile. Purchasing 100 shares of one stock is getting painful in this market. I think it might be time to add some new positions that are truly cheap now. Of course I thought they were already pretty cheap last month. I can always consolidate positions after the dust settles in this market.
I have a Robinhood account exactly for this sort of thing. I have a minimum purchase amount for my other brokerage accounts, to keep the commission under 0.5% of any single purchase, but the Robinhood account is for opportunistic snagging of shares with couch cushion money (and whatever dividends pile up there).