What is the minimum starting amount for Workshop investing?
As a general rule of thumb it’s good to keep transaction costs, primarily brokerage commissions, at no more than 1% to 2% of your portfolio value per year. With discount commissions around $10 per trade, an annual turnover (one sale and one purchase) of a $1000 investment per stock would cost 2%. So a good beginning amount for a 5 stock portfolio is $5000. If you trade more frequently, like semi-annually, quarterly, or monthly, your commission costs will rise in proportion. With many screens the improved return of a monthly reinvestment compared to annual may be wiped out by the commission costs. See more information under Question 5.
