I contribute the max to my Roth IRA every year ($5500 in 2013, for example). However, let's say I use that money to buy two stocks, with a commission $10 each, so I am effectively only contributing ...
At Questrade, based on the commission schedule, does an investor need to buy a minimum of 495 shares?
From this link: http://www.questrade.com/trading/tax_free_savings.aspx It says : commissions are 1¢ per share, $4.95 minimum / $9.95 maximum. That means , the investor needs to buy a minimum ...