01-06-2014, 08:36 PM
(This post was last modified: 01-06-2014, 08:40 PM by Dividend Watcher.)
(01-06-2014, 02:56 PM)fiveoh Wrote: Yes I have a Roth IRA with TDA and the default is no reinvestment. I had to go thru a process to get div reinvestment turned on(not hard, it was just a form) and there is no options for individual securities. It's the whole account reinvest or none reinvested.
Also I have a SEP account with them that my employer contributes to and even though the accounts are linked div reinvestment is NOT turned on for that one. I would have to fill out the same form again. I choose to manually reinvest divs on that account but still it's kind of a pita the way they have it setup.
Now that stinks.
I guess if I decide to change any reinvestment choices, I'm going to be looking for a new online brokerage myself. 
(01-06-2014, 03:18 PM)ronn38 Wrote: Thanks everyone-- this has been very helpful.
I opened an account with TradeKing for a test drive, andy whereas I like the educational secrions- funding requires physical copies of certain documents sent. And with the current weather in the Midwester, anything that cant be done " on-line" is same as cant be done.
In addition, I really didn't see anything in research "whistles" that my morning premium acount didn't cover.
I have a sharebuilder account I set up sometime ago- but I haven't been back since (I believe something about them bothered me, but now I don't recall what).
I scottrade idea of moving your dividend reinvestment around seems very appealing.
Ronn
Ron, can you give any more details on just what they offer in research info? S&P, CreditSuisse or ValueLine reports? A screener that has more than a few options? I don't use the TDA trading tool any more since they switched platforms. It's definitely geared for frequent traders.
Keep warm, it's moving our way.
