Automated investing is one of the easiest, best ways to start an investing program. If the money goes directly to the investment before your pocket you are much more inclined to continue and realize that you don't necessarily miss it each month.
Sharebuilder and ETFs, Control, flexibility and discipline. I am starting to use automatic investing in PBW and QQQQ through sharebuilder. This is cheaper than commission through my on-line broker and happens automatically. Both of these ETFs contain most of the companies I discuss and with the current economic situtation should be a good place to open with a sizeable chunk of change and then continue to contribute over the long run. Plus they are ETFs so I have the ability to sell on the open market in the wake of news and research instead of waiting for someone to compute the NAV the following day after the news has had a chance to affect the fund price.
Another good recommended automated investment is MCD DRIP program MCDirect, of course, info here: http://www.mcdonalds.com/corp/invest/mcdirect_shares_prospectus.html. A great dividend payout from them is one reason that makes them a strong holding in the portfolio.
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