No Load Investing
When we started this list, back in the 90s, there was a short list of companies that offered Direct Stock Purchase plans, usually with minimal fees. Since then the number of plans has exploded. Significant fees which were once the exception, are now the norm. Internet stock trading has brought the costs of using some brokers to be well under the costs of many plans. It would seem for many investors now, a good zero commission broker is one of the sources of no load investing. There are however a few attractive plans plans that offer additional value, such as reinvesting dividends at a discount to market. We am currently gathering information on such plans. We will likely also offer some thoughts on “No Load Brokers” and “No Load Mutual Funds”.