Looking for brokerages/fund families that reinvest ETF divid
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Looking for brokerages/fund families that reinvest ETF divid

 
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Patrick Casher
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Posted: Sat Nov 12, 2005 5:00 pm    Post subject: Looking for brokerages/fund families that reinvest ETF divid Reply with quote

Have Fidelity now and was wondering if there was a list around or if it's
even worth it ie; should I just reinvest them myself every year and pay? I
like the ETF being able to put in a sell order to get out say if it goes
down 5% or whatever.

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Bucky
Guest





Posted: Sun Nov 13, 2005 9:00 am    Post subject: Re: Looking for brokerages/fund families that reinvest ETF d Reply with quote

Patrick Casher wrote:
Quote:
Have Fidelity now and was wondering if there was a list around or if it's
even worth it ie; should I just reinvest them myself every year and pay? I
like the ETF being able to put in a sell order to get out say if it goes
down 5% or whatever.

Fidelity doesn't reinvest ETF dividends for free? I know it does for
stocks, and I thought ETFs were equivalent to stocks as far as the
brokerage is concerned.
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Patrick Casher
Guest





Posted: Sun Nov 13, 2005 5:00 pm    Post subject: Re: Looking for brokerages/fund families that reinvest ETF d Reply with quote

Maybe your right, I just saw dividends being put in my cash account, I'll
check into it.

"Bucky" <uw_badgers@email.com> wrote in message
news:1131867524.447430.116550@g14g2000cwa.googlegroups.com...
Quote:
Patrick Casher wrote:
Have Fidelity now and was wondering if there was a list around or if it's
even worth it ie; should I just reinvest them myself every year and pay?
I
like the ETF being able to put in a sell order to get out say if it goes
down 5% or whatever.

Fidelity doesn't reinvest ETF dividends for free? I know it does for
stocks, and I thought ETFs were equivalent to stocks as far as the
brokerage is concerned.


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Ell
Guest





Posted: Sun Nov 13, 2005 5:00 pm    Post subject: Re: Looking for brokerages/fund families that reinvest ETF d Reply with quote

Fidelity told me on the phone this past month that it reinvests ETF
dividends for free, for the overwhelming greater part.

--
"Patrick Casher" <me@privacy.net> wrote
Quote:
Have Fidelity now and was wondering if there was a list around or if it's
even worth it ie; should I just reinvest them myself every year and pay?
I
like the ETF being able to put in a sell order to get out say if it goes
down 5% or whatever.
Back to top
Bucky
Guest





Posted: Mon Nov 14, 2005 1:00 am    Post subject: Re: Looking for brokerages/fund families that reinvest ETF d Reply with quote

Patrick Casher wrote:
Quote:
Maybe your right, I just saw dividends being put in my cash account, I'll
check into it.

Yeah, the default is to receive dividends. You have to tell Fidelity
which ones to reinvest.
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