Check out Sharebuilder $50 First Tech Credit Union Promo Direct Link. Offer is good until 1/15/08
From the website:
Give the gift of stock
and get a $50 account bonus*
Toys, socks and the occasional tie are fine holiday gifts. But this holiday season, give your family the gift of stock. It’s a great way to help a child, grandchild or anyone else in the family build wealth over time.
No shopping necessary. All you have to do is open a new ShareBuilder account and automatically fund it weekly or monthly from your First Tech account. It’s the simple gift that just keeps on giving year after year.
Get a special $50 holiday bonus. Learn more and open a new ShareBuilder account for someone you love right now. They’ll get the gift of stock, plus a $50 bonus to really get the account moving along.
Use Promotional Code: HOLIDAY07
You might want to wait a couple of months if you just opened a Sharebuilder account. Too many accounts within a short period can get you flagged. However, you can always open one for your wife and kids.
You can go through the Direct link above or follow these steps and enter the HOLIDAY07 promotion code. Follow these Hustler’s steps:
- Sign up to your new Sharebuilder account.
- Click on the “open an account” tab.
- Select account type Individual Account and then click “Get Started”.
- Select “No I don’t have an account” and fill out the owner information and username/password information. Click “Next”.
- Fill out the rest of the form. Click “Next” to fill out second form. Under Promotion Code, enter: HOLIDAY07
- Select “Sharebuilder Basic Account” (Don’t select Standard or Advantage as those programs have monthly fees).
- Deposit $5 from your checking account, Fund your account with an Electronic funds deposit from savings or checking account .
- Make a $5 minimum investment ($4 is the fee, $1 is the crap stock)
- Receive email that you got the promotion.
- Wait 4-6 weeks to get your bonus.
- Withdraw all your money, and let the $1 stock rot forever.
- Rinse and Repeat with different promo code every 2-3 months. (I don’t think I need to tell you this but, open one for husband/wife, or kid(s), etc. to make more money)
Thanks Hustler, sounds like easy money to me.
Cheapster Bob,
Actually, when I deposit my money. I don’t invest in anything except for the crap $1 stock. I would wait to get my bonus, then withdraw everything. Of course, you would need to buy one stock to get the bonus. Hence, it’s just a crap $1 stock and I let it rot forever since selling it would cost me more. Once my bonus arrived, I withdraw everything from my Sharebuilder account to my bank account. Piece of cake.
Isn’t it a pain in the butt to get your money out of Sharebuilder? I have two accounts with them started like five years ago. One has 90 bucks in it and the other 40.
Maybe it is easy to get it out of the money market. If you can detail the experience that would be cool.
Also, you may actually want to create an account for your child. They allow you to build up your money to a designated amount (say 500 dollars) and then dump it into an Index fund so the 4 dollar fee occurs less.
FYI.
I think my 10 month old needs an investment account. . .