How Much Does It Cost to Buy Shares?

The DRP or the dividend reinvestment plans are available for a lot of ETFs. It doesn't unfortunately help you avoid paying tax on the income so you still have to declare that you've earned income Unfortunately and you still need to pay tax on it. The last time this came up was somebody asking how much can I how much does it cost to buy shares and how much must I have? You really need to have 500 dollars because that is the minimum marketable package of shares. Now the issue of course is that hopefully they go up but they don't all go up and what happens says Luke if your shares drop below 500 are you forced to sell. Yeah that little small cap that