3

You do not. Interactive Brokers caters a very specific target crowd - and "I send money once per month, automatically invest it" is NOT it. They rather want active trading investors, which you are not. Expect their services to cater to their target market.


3

Your sheet shows math. OK math, but probably not good accounting for taxes. You can set up your account for FIFO (first in first out) LIFO (last in first out) or specific shares identified by lot. Average cost basis is available, and you did the math right, but it is less common, and not a default broker choice. Some also offer a tax optimized sale choice, ...


2

There are a number of scholarly articles on the subject including a number at the end of the Vanguard article you reference. However, unfortunately like much of financial research you can't look at the articles without paying quite a bit. It is not easy to make a generic comparison between lump-sum and dollar cost averaging because there are many ways to ...


2

Back end fees should not really matter much in DCA vs VA as they are both ways of deploying money in the markets and back end fees happen when selling not deploying. The only difference I can think of would be if the back end fees have a holding period and if you need to take the money out before that period end some money may be subject to a higher fee. ...


1

This is more than likely a thing about your financial institution and the exchanges where they trade shares. Some exchanges cannot/will not handle odd lot transactions. Most established brokerages have software and accounting systems that will deal in round lots with the exchanges, but can track your shares individually. Sometimes specific stocks cannot be ...


1

Those brokers usually have investment plans on a limited amount of products - mostly funds and ETFs. For an automated investment, I think those products are much better shaped then single stocks. I prefer ETFs because on average they beat managed funds and they are lot cheaper (TER). I guess if you want to buy stocks, you have to do this yourself.


1

Although I have made a number of withdrawals from my IB account to stay under SIPC limits, it has been nearly 20 years since I funded my IB account. My somewhat vague recollection of the process is that IB had a few extra verification hurdles in order to accomplish these. I don't know if the current deposit/withdrawal process is still the same or if it ...


1

Adding holding and value to your table # Price Flow Held Value 3 4000 12000 3 12000 20 4000 80000 23 92000 10 7000 -70000 13 91000 10 7000 -70000 3 21000 1 7000 -7000 2 14000 the time-weighted return can be calculated (92-80)/12*(91+70)/92*(21+70)/91*(14+7)/21-1 = 75%


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