This is a two part question. First I have heard it mentioned, but I can't remember the name of the firm to contact for purchasing and re-investing dividends. (Not dealing with the stock company itself)
Say if you have 20 different stocks that you want to hold, and re-invest the dividends.
Second question, other than Emigrant, which I already use, is there another such company paying high rates for parking money in either a Money Mkt. checking act.
The problem I find with most Money Mkt. accounts is that they offer higher rates to get investors to make deposits, than lower the rate dramatically soon after. Then you have to switch again. It's a pain in the butt. ANy out there that don't do that AS MUCH.
Say if you have 20 different stocks that you want to hold, and re-invest the dividends.
Second question, other than Emigrant, which I already use, is there another such company paying high rates for parking money in either a Money Mkt. checking act.
The problem I find with most Money Mkt. accounts is that they offer higher rates to get investors to make deposits, than lower the rate dramatically soon after. Then you have to switch again. It's a pain in the butt. ANy out there that don't do that AS MUCH.