The Catch with Wells Fargo's Share Builder
December 12, 2001 11:13 AM Subscribe
The Catch with Wells Fargo's Share Builder Some of you may have seen Wells Fargo's ads touting $4 per transaction and unlimited transactions for $12. The main catch is that you cannot trade every day. From their FAQ- "ShareBuilder trades can be made the first, second, third or fourth Tuesday of each month. You select which day you would like your trade to take place when setting up your ShareBuilder Plan. In the event of a month with five Tuesdays, no ShareBuilder trades will take place on the fifth Tuesday." When the rest of the world is going to real-time trading, why do you think Wells Fargo is pushing this? Do you think it is deceptive that this is not mentioned up-front?
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