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Hello!
#2
Welcome to the forums!

With that much capital per month you need to be very careful about broker fees.  Most brokers charge $5-$7 per trade, so if your transaction size is $100 you'd be losing 5-7% in broker fees each month.  Some things to consider to avoid this:
* Find a broker with very low or no fees (Robinhood, Loyalty3, etc)
* Use a direct stock purchase plan through a service like ComputerShare.  Most of the time you buy stock directly from the company and can avoid most fees.  I don't have any experience with these.
* Accumulate enough cash for each transcation so broker fees are only ~0.5% per transaction (ie $1,000 - $1,250 per transaction).

I do not know anything about ARR, but it appears to be an mREIT with a yield of 18%.  This seems EXTREMELY risky to me.  I would stick with the DGI blue chip stalwarts (JNJ, KO, etc). Also, if you are new to analyzing companies I would consider investing in an index fund.  There are even DGI index funds like SCHD.
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Messages In This Thread
Hello! - by mattnyy84 - 01-06-2016, 07:03 PM
RE: Hello! - by Caversham - 01-06-2016, 07:39 PM
RE: Hello! - by Kerim - 01-06-2016, 08:07 PM
RE: Hello! - by DividendGarden - 01-07-2016, 09:57 AM
RE: Hello! - by Dividend Watcher - 01-07-2016, 09:07 PM
RE: Hello! - by rayray - 01-20-2016, 02:14 PM



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