Minimum share purchase?

[bobbylat]

Whats a recommended min share purchase price eg. $1000, $2000. As i only have $1300 (give or take a little) or so a month spare to spend on shares.

Thx Bobby

 

[Trembling Hand]

Re: Min Share purchase.

Whats the hurry then. Why not wait and build up something decent. @ $1000 you are paying about 5% just in brokerage per round trip.

 

[bobbylat]

Re: Min Share purchase.

Whats the hurry then. Why not wait and build up something decent. @ $1000 you are paying about 5% just in brokerage per round trip.

Thank you for your reply

Bobby

 

[Old Mate]

I, and I think everyone else will too, agree with TH. I've mostly bought $5000 parcels in the past.

 

[nulla nulla]

$500.00 is supposed to be the minimum value share parcel that can be traded. Some brokers make other arrangements with their clients, you'll have to shop arround.