@@JP_Dividends it mostly applies to closed end funds(CEFs), but many CEFs allow you to drip your dividends at discount to market price. It usually is 95% market price drip/5% discount but a few like CLM/CRF drip at the nav price. So far from what I've seen only Fidelity, Merrill lynch, and trade actually participate in it, schwab use to but phased it out when it acquired ToS.
I guess I'm old fashioned: I get a little guilty pleasure from reinvesting them myself. Also, if I get dividends from 3 different stocks, I may just reinvest the whole in one in particular. I do like the estimate features. I wasn't a fan of their display changes, but these I like, as you have shown us JP. Thanks for the info!
M1 used to be free. Now it’s not, and while the fee is indeed small, it’s the idea of it: bait and switch. So I closed the 3 accounts I had there and moved them to a free brokerage. Sorry, not sorry
Thats fair cause them charging is lame I agree. If your account is over $10K then its free though but I agree them switching that was a stupid move to deter new investors.
