 What is E-ZVestsm?
This BUYandHOLD service lets you create your own stock purchasing schedule. Just designate a specific dollar amount (as little as $20, or as much as you want) that you would like invested in a stock on a weekly, monthly or quarterly basis. Money for your purchases can come either from your personal bank account, through BUYandHOLD Instant Deposit or a check, or from funds in your BUYandHOLD account. You determine the exact dollar amount you want to invest, and you can make changes at any time.
What are some of the advantages of E-ZVestsm?
When you sign up for our E-ZVestsm service, you will also begin to take advantage of the benefits of dollar-cost averaging. Dollar-cost averaging means you make fixed dollar investments on a regular basis — perhaps every month, or every quarter. Essentially, this investment method helps you balance your investments, letting you buy more shares when your stock is cheaper, and fewer when it's more expensive. Another benefit of E-ZVestsm is that it keeps your buying steady so you spend less time worrying about market timing. You can use our free E-ZVestsm service to automate your stock purchasing schedule. It's a great way to "Pay Yourself First," making sure your financial future takes a priority position among your other regularly-scheduled expenses.
When will my E-ZVestsm purchases take place?
You can choose the frequency of your investment schedule: weekly, monthly or quarterly. Weekly purchases are made each Wednesday (or the next business day if Wednesday is a holiday). Monthly purchases are made on the 10th of each month (or the next business day if the 10th is a holiday or a weekend). Quarterly purchases are made on the 10th of the following months: January, April, July and October (or the next business day if the 10th is a holiday or a weekend).
How do I set up E-ZVestsm?
There are two ways to set up your E-ZVestsm purchasing schedule at BUYandHOLD. The first one is intended for people who are making a first purchase of a designated stock, while the second is for people who already own the stock.
If you are making an initial purchase of stock, you can activate your E-ZVestsm schedule in three simple steps:
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Simply login to your account. |
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Make your purchase of the stock(s) you choose. |
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Click on the "Set-up E-ZVestsm" button and select the dollar amount, frequency and payment method for each security. You can change this schedule at any time. |
If you already own the security and would like to incorporate it in an E-ZVestsm schedule:
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Login to your account. |
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Go to the "View Your Account" section and click on E-ZVestsm. |
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Select the dollar amount, frequency and payment method for the stock. |
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