$50 Sharebuilder Bonus With New Accounts

Sharebuilder.com is having a new promotion where you can get a $50 bonus when you open a new account.

To quality for the bonus you need to open a new account using the promo code: TRADEBONUS and make one trade by 12/31/2009. The $50 credit will post to your account approximately 4 weeks after the first trade is executed.

If you have never used Sharebuilder they are a full service discount broker, but what makes them unique is that they also have a plan that allows you to buy partial shares. Say for example you want to invest in Google. Currently their stock trades for $590. Well most people I know don’t have the cash to pick up even one share. But say you can spare $20 a month. Sharebuilder will buy partial shares each month using your $20. So each month you would get .03 of 1 share of Google. Sure this isn’t going to make you rich, but over many months and years your have acquired more and more Google stock. This also helps you to dollar cost average since you are buying the stock each month and sometimes you will be buying when the stock is down and other times when it is up. This help you to average out your cost basis.

Sharebuilder is part of ING Direct and has been around for a long time. If you have an ING Direct Savings or Checking account there is an easy way to transfer money to and from you accounts to your Sharebuilder accounts.

Another $50 Free From Sharebuilder

Sharebuilder (now owned by INGDirect) has another $50 promo available for signing up for a new account. You need to deposit money into your account and make a stock purchase to get the $50 bonus.

To sign up for the promotion, go to the Sharebuilder Application Page and check the box “I’m responding to a Promotion”. In the “Promotion Code” box, enter the following code: 50GO28
After you purchase your first stock the $50 bonus should be paid out in 4-6 weeks.

I personally use Sharebuilder. I mainly use it for a long term investing account. I buy partial shares of 10 ETF’s four times a week. My goal with this account is to dollar cost average while the market is correcting itself. I just set this and forget it. I consider this nest egg fund to use later, possible for kid’s college education. Their setup makes it very easy to invest and not have to think about it. I definetly recommend it if you are just a begining investor!!

New $50 ShareBuilder Bonus

Since ING Direct (Account Bonus) acquired ShareBuilder, I thought you would see the usual $50 new account bonus go away, or at least get smaller. Well that is not the case, they just started a new $50 bonus for new accounts. You do need to invest at least $50. The $50 bonus will be paid out roughly 4 weeks after you have invested $50. Offer expires 3/31/08.

With the market in the crapper, there isn’t a better time to start investing. Get in low and watch it ride high!!

Sign Up Link

Another Free $50 From Sharebuilder

 

Sharebuilder has brought back its $50 new account promo.

Very simple to get: Open a new ShareBuilder Individual, Joint or Custodial Account by 1/15/2008, and we’ll contribute $50 to your investment after you place your first trade.  

I currently use sharebuilder for my ETF funds. They are purchased every week and I just let it go If you haven’t used sharebuilder, they are great in the fact that you can buy partial shares automatically over time. This is a great way to dollar cost average especially considering the volatility in the market recently. They will automatically take the money out of your account and invest in on a regular basis, it pretty much makes investing easy to do.

Sharebuilder $50 Promo Signup Link

I don’t recommend a sharebuilder account if you are going to be an active seller, take a look at Tradeking (see post) ot OptionsXpress (see post) as they have lower commissions. I consider Sharebuilder a buy and hold account.