(Money magazine) -- Recent price wars and innovations by brokerages benefit not just day traders but also buy-and-hold investors.
Go to FolioInvesting.com. It offers dozens of premixed portfolios that contain up to 100 stocks each, such as Moderate (holdings include blue chips Comcast (Fortune 500) and Humana ( , Fortune 500)) and Dividend Yield (Abbott Labs ( , Fortune 500), 3M ( , Fortune 500)). Caveat: Transactions are processed just twice a day.,
Time it takes: Maybe five minutes.
How much it costs: The flat-fee plan runs $290 a year for unlimited stock trading.
Pick a super low-priced broker. Some online brokerages now let you buy stocks almost as cheaply as you can via an old-fashioned dividend-reinvestment plan (go to dripinvestor.com for info) and much more flexibly. Blain Reinkensmeyer, head of StockBrokers.com, which ranks brokerages, calls Sharebuilder.com "a great deal for long-term investors who want to make regular automatic investments" in individual stocks. (Automatic investments are executed twice a week.)
Time it takes: Roughly 10 minutes.
How much it costs: Sharebuilder's Advantage plan gives you 12 automatic investments for $12 a month; additional such investments are $1 each; other trades run $7.95.
Time it takes: How much time have you got?
|What we want Apple to unveil at WWDC|
|Millennials squeezed out of buying a home|
|7 traits the rich have in common|
|Big Data knows you're sick, tired and depressed|
|Your car is a giant computer - and it can be hacked|
Carlos Rodriguez is trying to rid himself of $15,000 in credit card debt, while paying his mortgage and saving for his son's college education.
Susan Carson and Laura DeLallo make $225,000 and have half a million in retirement savings, but their sprawling portfolios is proving hard to manage.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.44%||3.46%|
|15 yr fixed||2.72%||2.73%|
|30 yr refi||3.49%||3.49%|
|15 yr refi||2.72%||2.75%|
Today's featured rates: