New offer: ShareBuilder $100 Promo
This offer has expired…
Get a free $50 new account bonus from ING Direct when you open a new Sharebuilder Account and deposit $50. I have an account and opened one for a graduation gift..
To open your account and get the matching $50, use this link: $50 Promo from ING DIRECT Investing. The promo code is 50WS10, it should automatically populate when you click on the link.
ShareBuilder $50 Bonus Offer Details
You must open a new account with ShareBuilder and deposit at least $50 to be eligible for this promotion. ShareBuilder will deposit a $50 bonus approximately 4 to 6 weeks after your first $50 deposit.
The $50 bonus offer is available for Individual, Joint and Custodial accounts only. The offer is not valid for IRAs or ESAs. The $50 bonus from ShareBuilder is not available for withdrawal for 90 days after it is awarded to your account. This offer is not valid with any other offers and is non-transferrable.
There is a limit of 1 ShareBuilder account bonus per unique customer or custodial beneficiary. ShareBuilder reserves the right to terminate this offer at any time and to refuse or recover any promotional award if ShareBuilder determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms or ShareBuilder’s Account Agreement has been violated.
How I use my Sharebuilder Account
I have had my ING Direct Sharebuilder account for over two years now. I have a set dollar amount taken automatically out of my checking account and directly deposited into my Sharebuilder account. This method works the best for me, but you have complete flexibility in how you set up your account.
When I began, I chose two stocks that I automatically bought each month. When I had enough to buy a no load mutual fund (some are $1,000 and some are $2,500) I switched from buying individual stocks to automatic investments into a mutual fund. Once you meet the opening minimum for a mutual fund, additional investments into the fund can be made for $150 in most cases.
My account runs itself. I am investing for the long term so I don’t make trades or try to time the market. This works best for me. As I look back, I don’t think I would have had the discipline to set aside as much money as I have by using the automatic investment feature. I started with a small amount and have adjusted that upwards a few times as I learn to live on less and save more.
This would make a great gift for a young person to teach them about investing and the benefits of saving over time. You can open an account with $50 and ING Direct will match it with another $50.
Don’t be intimidated if you have never invested before. Their customer service has been great whenever I have had a questions. I highly recommend ING Direct/Sharebuilder.
If you like saving money as much as I do, but don’t have the time to search for deals, subscribe for free to get my email updates.