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Posted by raylopez99 on September 15, 2007, 7:14 am
> Does anyone know anywhere to invest small (=A3100 max) in stocks without
> getting whacked too much with commission?
>
> As a complete novice, I have no idea if such a website/organisation
> even exists, any advice greatly appreciated.
I think DRIP plans do this--for one stock only. But since you live
outside the USA, you'll get whacked by commissions otherwise...unlike
in America, commissions are how stock jobbers make their money (in
America the story is different--even ETrade makes something like less
than 20% of their money from commisions--the majority is from banking
and the float on interest).
RL
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