Quote:
Originally Posted by captainofiron
no its a flat rate (Fidelity).
what I was saying is I like to make as large of a purchase/sale for each transaction so I only pay the $8 fee as little as possible.
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Exactly what DHutton said, you should be able to reinvest dividends for no fee. It is typically referred to as DRIP (dividend re-investment plan) and it will purchase as many shares as possible at market value when dividends are received, even fractions of a share.
Read the link below...
https://401k.fidelity.com/static/dcl...t_Domestic.pdf