No Fee Investing - Loyal3

[Guest021417]

Has anyone had any experience with Loyal3 who offers no fees for investing?

https://www.loyal3.com

I am looking to open up a Roth IRA and only purchase stocks that pay dividends. Additionally I would like the dividends to be re-invested to purchase more stock and not paid back to me. However, I believe most times this requires a direct ownership of the stock and not through a broker.

Any tips or recommendations on this would be appreciated. Feel free to PM also.

[Submodo]

No fees, hunh?

How does this company make a profit then?

[xfin]

You have to check with each company to see if they have a DRIP program and then sign up for it. They will handle it from there.
As for dividend stocks, I'd start with something like;

http://seekingalpha.com/analysis/inv...dividend-ideas

[Kccatman]

I am not sure how they make money, but they do have restrictions. You can only purchase $2500 of a stock per month, which doesn't go far. One benefit is you can get in on IPOs.

[iRockTomFord]

Interested...I am into anything that deals with money!